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The differences between corporate project managers and contract project managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a corporate project manager has an average salary of $95,331, which is higher than the $81,263 average annual salary of a contract project manager.
The top three skills for a corporate project manager include project management, risk management and process improvement. The most important skills for a contract project manager are project management, project scope, and contract project.
| Corporate Project Manager | Contract Project Manager | |
| Yearly salary | $95,331 | $81,263 |
| Hourly rate | $45.83 | $39.07 |
| Growth rate | - | 8% |
| Number of jobs | 177,827 | 159,765 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 66% |
| Average age | 47 | 46 |
| Years of experience | - | 8 |
Corporate project managers are management professionals who are responsible for managing staff members to perform various tasks related to completing specific projects for a corporate company to ensure on-time completion. These managers must manage project teams so that they can use the corporate project management processes and tools. They are required to perform tasks related to site management, such as construction management, safety compliance, and reporting. Corporate project managers must also follow the generally accepted accounting principles (GAAP) to report monthly financial statements while discussing financial issues with the management.
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.
Corporate project managers and contract project managers have different pay scales, as shown below.
| Corporate Project Manager | Contract Project Manager | |
| Average salary | $95,331 | $81,263 |
| Salary range | Between $73,000 And $123,000 | Between $53,000 And $124,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Washington | Massachusetts |
| Best paying company | BNY Mellon | PRO Unlimited |
| Best paying industry | Retail | Health Care |
There are a few differences between a corporate project manager and a contract project manager in terms of educational background:
| Corporate Project Manager | Contract Project Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | California Polytechnic State University-San Luis Obispo |
Here are the differences between corporate project managers' and contract project managers' demographics:
| Corporate Project Manager | Contract Project Manager | |
| Average age | 47 | 46 |
| Gender ratio | Male, 64.0% Female, 36.0% | Male, 66.1% Female, 33.9% |
| Race ratio | Black or African American, 7.5% Unknown, 4.7% Hispanic or Latino, 12.5% Asian, 8.8% White, 65.8% American Indian and Alaska Native, 0.7% | 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 | 10% | 4% |