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Simply put, project management entails setting and achieving realistic project completion goals. It requires planning, organization, and managing people and resources efficiently to achieve targets within set financial and time frames. Unlike specialist managers who supervise financial departments, project managers in effect oversee and co-ordinate the completion of entire projects.
Education qualifications required of project managers vary according to the type of projects in which they specialize. General programmes apart, diploma programmes of the Project Management Institutes or Prince 2, UK provide an excellent understand of the fundamental terminology and processes of effective project management. These diploma programmes are online examinations for which graduates can register at their convenience.
The demand for project managers has been rising exponentially in the past decade. Employment opportunities are aplenty in conventional infrastructure and construction companies in which remuneration packages at the entry level range between Rs. 7-10 lakh per annum, rising to Rs. 10 -14 lakh in middle management, and Rs. 14-20 lakh at senior levels varying from industry to industry.