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The differences between capital project managers and contract project managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a capital project manager and a contract project manager. Additionally, a contract project manager has an average salary of $81,263, which is higher than the $79,852 average annual salary of a capital project manager.
The top three skills for a capital project manager include project management, portfolio and construction management. The most important skills for a contract project manager are project management, project scope, and contract project.
| Capital Project Manager | Contract Project Manager | |
| Yearly salary | $79,852 | $81,263 |
| Hourly rate | $38.39 | $39.07 |
| Growth rate | 8% | 8% |
| Number of jobs | 115,354 | 159,765 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 66% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A capital project manager is responsible for overseeing company projects, ensuring efficiency and smooth workflow. They are in charge of identifying the project's requirements, setting objectives and timelines, handling the budget, and developing strategies to optimize project operations. They must also coordinate with managers and other staff, monitor the progress of projects, and produce regular progress reports. Above all, as a manager, it is essential to lead and encourage the team members to reach goals, all while implementing the company's policies and regulations.
A contract project manager is an executive professional who provides project management and business analysis to fill the needs of an organization. Contract project managers are required to monitor and inspect contract projects to maintain a high level of safety and quality traffic control in highly variable conditions. They assist contract project administration with the review of project progress reports. Contract project managers must also manage the relationship between clients and the organization while monitoring the progress of the project to ensure that it complies with the terms of the corporate contract.
Capital project managers and contract project managers have different pay scales, as shown below.
| Capital Project Manager | Contract Project Manager | |
| Average salary | $79,852 | $81,263 |
| Salary range | Between $53,000 And $118,000 | Between $53,000 And $124,000 |
| Highest paying City | Santa Rosa, CA | San Francisco, CA |
| Highest paying state | Hawaii | Massachusetts |
| Best paying company | Apple | PRO Unlimited |
| Best paying industry | Finance | Health Care |
There are a few differences between a capital project manager and a contract project manager in terms of educational background:
| Capital Project Manager | Contract Project Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | California Polytechnic State University-San Luis Obispo | California Polytechnic State University-San Luis Obispo |
Here are the differences between capital project managers' and contract project managers' demographics:
| Capital Project Manager | Contract Project Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 77.6% Female, 22.4% | Male, 66.1% Female, 33.9% |
| Race ratio | Black or African American, 3.7% Unknown, 4.4% Hispanic or Latino, 17.6% Asian, 2.9% White, 70.8% American Indian and Alaska Native, 0.6% | Black or African American, 3.7% Unknown, 4.4% Hispanic or Latino, 17.6% Asian, 2.8% White, 70.9% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 4% | 4% |