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The differences between business management consultants and project consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a business management consultant and a project consultant. Additionally, a business management consultant has an average salary of $107,407, which is higher than the $86,654 average annual salary of a project consultant.
The top three skills for a business management consultant include project management, client facing and healthcare. The most important skills for a project consultant are customer service, project management, and client facing.
| Business Management Consultant | Project Consultant | |
| Yearly salary | $107,407 | $86,654 |
| Hourly rate | $51.64 | $41.66 |
| Growth rate | 11% | 11% |
| Number of jobs | 171,313 | 113,013 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A business management consultant develops and recommends strategies to optimize the daily operations of businesses. They typically perform extensive research and analysis to identify new business and client opportunities, find ways to enhance resources, gather and analyze data, determine the strengths and weaknesses of current operations, and develop solutions against problem areas. They may also perform risk assessments and audits, assess the workforce performance, and evaluate the existing policies and regulations of the company, suggesting new ones as necessary.
A project consultant is responsible for communicating with the clients for their specific needs, develop strategic plans, and determine project resources to achieve their business goals and objectives. Project consultants are employed across various industries, offering their knowledge and expertise to facilitate clients' requests and propositions. They also collaborate with different development teams to discuss project parameters and analyze opportunities to improve plans and progress efficiency. A project consultant must have excellent communication and critical-thinking skills, responding to clients' inquiries and concerns, and providing recommendations to ensure successful project completion.
Business management consultants and project consultants have different pay scales, as shown below.
| Business Management Consultant | Project Consultant | |
| Average salary | $107,407 | $86,654 |
| Salary range | Between $80,000 And $143,000 | Between $59,000 And $126,000 |
| Highest paying City | Washington, DC | Newark, NJ |
| Highest paying state | Colorado | New Jersey |
| Best paying company | Applied Materials | Dell |
| Best paying industry | Internet | - |
There are a few differences between a business management consultant and a project consultant in terms of educational background:
| Business Management Consultant | Project Consultant | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business management consultants' and project consultants' demographics:
| Business Management Consultant | Project Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 63.6% Female, 36.4% | Male, 61.9% Female, 38.1% |
| Race ratio | Black or African American, 8.3% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 12.0% White, 65.9% American Indian and Alaska Native, 0.2% | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.4% White, 65.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |