Contract project managers are responsible for coordinating every aspect of a project, reviewing and approving contract terms to coordinating deadlines, and supporting budgets. They draft and revise a variety of contracts with customers as well as providing advice and guidance to the different teams relating to contract generation. They also maintain an excellent working relationship with clients to ensure that their needs are met.
Contract project managers are required to monitor and inspect contract projects to maintain a high level of safety and quality traffic control. They also ensure that the organization's internal contract documents are accurate and well maintained. A great contract project manager needs to possess excellent time management skills and a keen eye for detail.
Contract project managers typically hold a bachelor's degree in finance, business management, or other related fields. They are expected to have some years of extensive relevant experience. Some employers prefer candidates with strong computer skills and knowledge of standard programs such as Microsoft Office and G Suite, as well as possessing the ability to manage confidential information professionally. Contract project managers earn an average salary of approximately $70,000 annually, or $34 per hour.
There is more than meets the eye when it comes to being a contract project manager. For example, did you know that they make an average of $46.94 an hour? That's $97,637 a year!
Between 2018 and 2028, the career is expected to grow 10% and produce 46,200 job opportunities across the U.S.
There are certain skills that many contract project managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, business skills and customer-service skills.
When it comes to the most important skills required to be a contract project manager, we found that a lot of resumes listed 37.5% of contract project managers included project management, while 5.1% of resumes included ensure compliance, and 4.1% of resumes included contract project. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the contract project manager job title. But what industry to start with? Most contract project managers actually find jobs in the technology and finance industries.
If you're interested in becoming a contract project manager, one of the first things to consider is how much education you need. We've determined that 58.3% of contract project managers have a bachelor's degree. In terms of higher education levels, we found that 11.7% of contract project managers have master's degrees. Even though most contract project managers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a contract project manager. When we researched the most common majors for a contract project manager, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on contract project manager resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a contract project manager. In fact, many contract project manager jobs require experience in a role such as project manager. Meanwhile, many contract project managers also have previous career experience in roles such as senior project manager or information technology project manager.