How Much Does a Construction Project Manager Make?

According to PayScale, as of January 2021, construction project managers earn an average of $74,923 per year.

Construction project managers oversee building projects, including quality control, managing employee and project completion schedules, reviewing architectural designs, and creating proposals. They also consult with clients and company representatives about project development and progress and select contractors to work on the project. Here’s an insight into a project manager’s salary at various stages of their career:

Entry-level construction project managers with five years experience or less make $52-62k per year
Project managers with five to 10 years of experience make $75k annually
Construction PMs with 10-20 years of experience in the field generally make an annual salary of $84k

As with most jobs, the location has a significant effect on salaries, and construction project managers can earn more in the most in-demand cities. Project managers working in San Francisco make 45% more than the national average, with those in Boston, Washington, New York, Los Angeles, Seattle, and Dallas also earning well above average salaries. PMs in Atlanta and Charlotte tend to make about 6% less than average.

Professional Development 5 questions

How Much Do Project Managers Make?

Project manager salaries vary by industry, location, experience, and certifications. On average, IT project managers earn $146,000, construction managers $95,000, and architectural/engineering managers $144,000 annually. PMP-certified professionals typically earn more, ranging from $75,000 for general project managers to over $116,000 for senior IT project managers, reflecting the value of certification and expertise.

Read the full article

Where Do Project Managers Work?

Project managers are needed across nearly all industries and company sizes, as they plan, budget, and oversee projects. They are especially in demand in healthcare, construction, and IT, where managing complex projects and coordinating teams is critical. Essentially, organizations rely on project managers to execute projects efficiently and achieve strategic objectives.