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The differences between practice 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 practice management consultant and a project consultant. Additionally, a practice management consultant has an average salary of $92,700, which is higher than the $86,654 average annual salary of a project consultant.
The top three skills for a practice management consultant include financial services, project management and business development. The most important skills for a project consultant are customer service, project management, and client facing.
| Practice Management Consultant | Project Consultant | |
| Yearly salary | $92,700 | $86,654 |
| Hourly rate | $44.57 | $41.66 |
| Growth rate | 11% | 11% |
| Number of jobs | 123,902 | 113,013 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Practice management consultants need a bachelor's or master's degree in business, health policy, or economics. They also need a strong skill set in communication, problem-solving, analysis, flexibility, and teamwork in order to be successful in this career. Those who choose this career path work with providers and practice managers to identify and quantify practice management issues and implement solutions to these problems.
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.
Practice management consultants and project consultants have different pay scales, as shown below.
| Practice Management Consultant | Project Consultant | |
| Average salary | $92,700 | $86,654 |
| Salary range | Between $66,000 And $130,000 | Between $59,000 And $126,000 |
| Highest paying City | - | Newark, NJ |
| Highest paying state | - | New Jersey |
| Best paying company | - | Dell |
| Best paying industry | - | - |
There are a few differences between a practice management consultant and a project consultant in terms of educational background:
| Practice Management Consultant | Project Consultant | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between practice management consultants' and project consultants' demographics:
| Practice Management Consultant | Project Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 50.3% Female, 49.7% | Male, 61.9% Female, 38.1% |
| Race ratio | Black or African American, 8.3% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 11.8% White, 66.1% 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% |