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The differences between executive project managers and contract project managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an executive project manager has an average salary of $99,099, which is higher than the $81,263 average annual salary of a contract project manager.
The top three skills for an executive project manager include project management, project scope and business development. The most important skills for a contract project manager are project management, project scope, and contract project.
| Executive Project Manager | Contract Project Manager | |
| Yearly salary | $99,099 | $81,263 |
| Hourly rate | $47.64 | $39.07 |
| Growth rate | - | 8% |
| Number of jobs | 215,400 | 159,765 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 66% |
| Average age | 47 | 46 |
| Years of experience | - | 8 |
An executive project manager oversees a department's operations. They handle a workplace management team that directly manages short- and long-term projects. Typically, they are responsible for forming strategic programs, setting project goals, and monitoring program and project performance. They communicate with upper management to develop long-term strategic plans. They also record the organization's financial expenses, monitor funding, and approve spending plans.
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.
Executive project managers and contract project managers have different pay scales, as shown below.
| Executive Project Manager | Contract Project Manager | |
| Average salary | $99,099 | $81,263 |
| Salary range | Between $64,000 And $151,000 | Between $53,000 And $124,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Alaska | Massachusetts |
| Best paying company | Morgan Stanley | PRO Unlimited |
| Best paying industry | Hospitality | Health Care |
There are a few differences between an executive project manager and a contract project manager in terms of educational background:
| Executive Project Manager | Contract Project Manager | |
| Most common degree | Bachelor's Degree, 69% | 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 executive project managers' and contract project managers' demographics:
| Executive Project Manager | Contract Project Manager | |
| Average age | 47 | 46 |
| Gender ratio | Male, 59.6% Female, 40.4% | 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, 65.9% 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% |