Productive project managers spend a BIG percentage of their time communicating, coordinating, and conflict mediating.
Contract managers typically work with business, finance and legal teams to discuss and conclude contract terms. In contrast, project managers work with different groups to manage a project for an organisation.
A project manager typically manages the Construction Manager and/or the General Contractor on behalf of the client. Essentially, the project manager becomes an extension of the client's internal team and is able to guide all consultants in ance with the client's goals.
Contract management is becoming critical within many companies who consider this activity as strategic for the performance of their activity and the quality of their relations with their main customers and suppliers. Contract management needs to be more and more considered as a key component of project management.
Project managers may participate in the contracting process to ensure they understand the project requirements, but it's typically only one part of their job. These professionals are primarily responsible for managing a project to ensure it stays within the expected scope, timeline and budget.
Leading projects from conception through to handover, ensuring timely and smooth delivery. Overseeing the health and safety standards on projects, ensuring compliance with regulations.
A Project Manager can easily perform the duties of the Contract Manager if he or she possesses the skills, hence acquiring negotiation skills, legal knowledge and being conversant with contract monitoring.
Project management is an in-demand career. The global economy will need 25 million new project managers by 2030, making project management an in-demand career.
High Paying Project Manager Jobs Project Executive. Salary range: $141,500-$196,500 per year. Pmo Lead. Salary range: $123,000-$180,000 per year. PMO Consultant. Project Management Consultant. Change Management Consultant. Financial Project Manager. Pmo Project Manager. Senior Project Manager.