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In most companies, a vice president of project management is responsible for developing, implementing, and monitoring best practices, procedures, and policies that will help achieve business goals. They usually work closely with project managers, helping them determine the most efficient procedures and implement the best strategies to achieve project objectives.
Moreover, a vice president of project management spends most of their time consulting with project leaders on tools, equipment, software, KPIs, and other aspects of project management. Furthermore, they help the president of project management with critical business decisions as well as attend meetings with key stakeholders of the company.
As one would expect, the role of a vice president of project management requires at least a bachelor's degree in a business-related field. However, having an advanced degree is always a plus. More than that, a vice president of project management must also have years, if not decades, of industry experience to ensure their prowess in this role.
The salary of a vice president of project management also comes as no surprise. On average, these professionals make around $180,000 a year.
Assistant Professor of Organizational Behavior, Franklin and Marshall College
Avg. Salary $170,829
Avg. Salary $59,228
Growth rate 16%
Growth rate 0.3%
American Indian and Alaska Native 0.66%
Asian 8.92%
Black or African American 7.56%
Hispanic or Latino 12.67%
Unknown 4.69%
White 65.50%
Genderfemale 30.29%
male 69.71%
Age - 47American 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 - 47Stress level is high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is poor
6.4 - fair
| Skills | Percentages |
|---|---|
| Oversight | 8.70% |
| Governance | 6.62% |
| Project Management Methodology | 6.40% |
| Process Improvement | 5.43% |
| PMO | 4.63% |
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The average vice president-project management salary in the United States is $170,829 per year or $82 per hour. Vice president-project management salaries range between $114,000 and $254,000 per year.
What am I worth?
I like to work with a team. Satisfaction of seeing the successful completion of a project
Strict deadlines, and stakeholders. Feeling undervalued or underappreciated.
I am responsible for everything be it any side of the business
keeping the company vibrant in the marketplace and returning maximum shareholder value
have to change my mindset