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What is a principal product manager and how to become one

Updated January 8, 2025
4 min read
Quoted expert
Sachin Tuli

A principal product manager is responsible for the strategic planning, development, and launch of a company's products. They work with cross-functional teams to identify market opportunities and develop product roadmaps. They ensure that products meet customer expectations and are delivered on schedule and within budget. Principal product managers work closely with executives to ensure that product goals align with company goals. These managers must possess strong leadership skills and possess excellent communication abilities.

What's a day at work look like for a principal product manager?

Sachin TuliSachin Tuli LinkedIn profile

Director, International Business Major, Wisconsin School of Business, University of Wisconsin-Madison

The pandemic accelerated ongoing shifts with work-from-anywhere and use of remote meeting technologies. With mass adoption at all levels, these trends are likely to persist to some degree across fields and industries. There will likely be less travel for a number of years, but concurrently we may see more cross-team and cross-national collaboration and coordination. From an international business perspective, firms do plan to continue their globalization efforts and we know that graduates themselves increasingly seek potential global opportunities and mobility when choosing which organizations to work for.
ScorePrincipal Product ManagerUS Average
Salary
8.8

Avg. Salary $145,943

Avg. Salary $59,228

Stability level
7.5

Growth rate 10%

Growth rate 0.3%

Diversity
3.1
Race

American Indian and Alaska Native 0.23%

Asian 8.15%

Black or African American 3.04%

Hispanic or Latino 8.67%

Unknown 5.32%

White 74.58%

Gender

female 26.06%

male 73.94%

Age - 38
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 38
Stress level
7.5

Stress level is high

7.1 - high

Complexity level
9.0

Complexity level is advanced

7 - challenging

Work life balance
3.5

Work life balance is poor

6.4 - fair

What are the pros and cons of being a principal product manager?

Pros

  • Competitive salary and benefits package

  • Exposure to cutting-edge technology and innovation

  • Opportunities for professional growth and advancement

  • Opportunity to innovate and disrupt industries

Cons

  • Stress due to the importance of product success

  • Risk of burnout due to long hours and demanding workload

  • Balancing competing priorities from different stakeholders

  • Need to stay up-to-date on rapidly evolving trends

  • Limited control over external factors such as market conditions

Principal product manager career paths

Key steps to become a principal product manager

  1. Explore principal product manager education requirements

    Most common principal product manager degrees

    Bachelor's

    66.8 %

    Master's

    23.8 %

    Associate

    4.9 %
  2. Start to develop specific principal product manager skills

    SkillsPercentages
    Product Management11.41%
    QA11.22%
    Product Development9.65%
    Regression9.21%
    User Stories3.61%
  3. Complete relevant principal product manager training and internships

    Accountants spend an average of 1-3 months on post-employment, on-the-job training. New principal product managers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a principal product manager based on U.S. Bureau of Labor Statistics data and data from real principal product manager resumes.
  4. Research principal product manager duties and responsibilities

    • Lead an initiative to train technical writers on writing QA tests for documentation examples.
    • Lead SaaS application visibility and performance monitoring in hybrid enterprise to accelerate adoption of cloud.
    • Analyze complex business cases to determine product feasibility, prioritization and project ROI.
    • Define strategic direction and KPIs, make recommendations to leadership and execute on approve direction.
  5. Prepare your principal product manager resume

    When your background is strong enough, you can start writing your principal product manager resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a principal product manager resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose from 10+ customizable principal product manager resume templates

    Build a professional principal product manager resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your principal product manager resume.
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    Principal Product Manager Resume
    Principal Product Manager Resume
    Principal Product Manager Resume
    Principal Product Manager Resume
    Principal Product Manager Resume
    Principal Product Manager Resume
    Principal Product Manager Resume
    Principal Product Manager Resume
  6. Apply for principal product manager jobs

    Now it's time to start searching for a principal product manager job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first principal product manager job

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Average principal product manager salary

The average principal product manager salary in the United States is $145,943 per year or $70 per hour. Principal product manager salaries range between $106,000 and $199,000 per year.

Average principal product manager salary
$145,943 Yearly
$70.16 hourly

What am I worth?

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How do principal product managers rate their job?

-/5

5 stars

4 stars

3 stars

2 stars

1 star

Principal product manager reviews

profile
A zippia user wrote a review on Aug 2023
Pros

Solve tough problems, work on agile teams, outlet for creativity,

Cons

high expectations, constantly evolving technology, broad range of topics to learn (product management specifics, industry, technology, software development methods


profile
A zippia user wrote a review on Jun 2020
Pros

Its not a specific job, As a product manager your job responsibilities cover many different areas and that's what i love about it.

Cons

all other teams think that they are doing a task for you instead of thinking that they are part of a team on a project


profile
A zippia user wrote a review on Aug 2019
Cons

Agendas

Pros

Making strategic decisions in product development is pretty exciting for me


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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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