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The differences between senior lead project managers and contract project managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a senior lead project manager, becoming a contract project manager takes usually requires 6-8 years. Additionally, a senior lead project manager has an average salary of $114,071, which is higher than the $81,263 average annual salary of a contract project manager.
The top three skills for a senior lead project manager include project management, lifecycle management and post implementation. The most important skills for a contract project manager are project management, project scope, and contract project.
| Senior Lead Project Manager | Contract Project Manager | |
| Yearly salary | $114,071 | $81,263 |
| Hourly rate | $54.84 | $39.07 |
| Growth rate | - | 8% |
| Number of jobs | 169,761 | 159,765 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 66% |
| Average age | 44 | 46 |
| Years of experience | 6 | 8 |
As a senior lead project manager, you need to manage and lead your respective team on a project of the company with proper planning and strategy. The job requires you to be very sincere and dedicated. You are also responsible for updating and make changes to all the required documents. As a senior lead project manager, you have a lot of tasks, and you need to organize them very properly.
You have to appoint subcontractors for the application as well as check out the various aspects of the project. Generating efficiency is one of the core components of this post. You also have to provide training in a corporate style to your juniors. This job requires you to have excellent communication skills to convey your message within the team and to the business partners of the company.
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.
Senior lead project managers and contract project managers have different pay scales, as shown below.
| Senior Lead Project Manager | Contract Project Manager | |
| Average salary | $114,071 | $81,263 |
| Salary range | Between $83,000 And $155,000 | Between $53,000 And $124,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Massachusetts |
| Best paying company | Icertis | PRO Unlimited |
| Best paying industry | Energy | Health Care |
There are a few differences between a senior lead project manager and a contract project manager in terms of educational background:
| Senior Lead Project Manager | Contract Project Manager | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Stanford University | California Polytechnic State University-San Luis Obispo |
Here are the differences between senior lead project managers' and contract project managers' demographics:
| Senior Lead Project Manager | Contract Project Manager | |
| Average age | 44 | 46 |
| Gender ratio | Male, 70.0% Female, 30.0% | Male, 66.1% Female, 33.9% |
| Race ratio | Black or African American, 6.2% Unknown, 4.7% Hispanic or Latino, 8.8% Asian, 12.0% White, 67.7% American Indian and Alaska Native, 0.5% | 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 | 11% | 4% |