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A product/project development manager discovers opportunities to create new product lines and presents strategies to bring these new products out in the market.
Their responsibilities often overlap with the tasks of the product manager. Both job titles engage in product development and management. But unlike the product manager, who focuses on identifying issues and questions for product improvement, the product/project development manager serves solutions to make the products sell in the market.
The product/project development manager is a vital part of the product's entire cycle, from conceptualization to production. They conduct researches and costs analyses for design optimization, feasibility, and production issues. They also ensure that the product and its label adheres to the specifications.
They typically render more than 40 hours in a workweek and work closely with the engineering, marketing, and manufacturing departments.
Pursuing this career path requires at least a bachelor's degree in the field related to the product they target to design and produce. Prior work and supervisory experience will surely boost one's chances to land this job.
Avg. Salary $99,531
Avg. Salary $59,228
Growth rate 10%
Growth rate 0.3%
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%
Genderfemale 38.67%
male 61.33%
Age - 38American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 38Stress level is high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is poor
6.4 - fair
| Skills | Percentages |
|---|---|
| Project Management | 18.81% |
| Product Development | 15.16% |
| Portfolio | 6.77% |
| Risk Management | 5.26% |
| R | 4.75% |
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The average product/project development manager salary in the United States is $99,531 per year or $48 per hour. Product/project development manager salaries range between $68,000 and $144,000 per year.
What am I worth?
high expectations, constantly evolving technology, broad range of topics to learn (product management specifics, industry, technology, software development methods
Solve tough problems, work on agile teams, outlet for creativity,
Project concept, execution - meeting business and Customer expectations.