Overview

1
(No Transcript)
2
Overview

• What Is A Career Path?
• Why Is A Career Path Important?
• Ye Olde School Career Path
• The New PM Career Path
• Ye Olde School Career Path vs. The New PM
  Career Path
• Whats Changed?
• The Future
• Summary

3
What Is A Career Path?

• Logical progression of ones career in a given
  field.
• Includes
• Education
• Required Qualifications/Skills
• Corporate and/or Personal Values
• Experience/Background
• Personal Goals Interests

4
What Is A Career Path?
to here (King of the World)?!
5
Why Is A Career Path Important?

• Creates A Basis for Personal Benchmarking
  Career Decision Making
• Guides Employers on A Range of HR Issues

• Encourages Continual Growth and Improvement
  of Professionals
• Furthers Acceptance of an Occupation as a
  Profession

6
Ye Olde School PM Career Path
Source Roles Responsibilities of the Project
Manager, PMI 1990
7
The New PM Career Path
8
(No Transcript)
9
(No Transcript)
10
(No Transcript)
11
(No Transcript)
12
(No Transcript)
13
(No Transcript)
14
(No Transcript)
15
Whats Changed?

• Demand for the PM Skill Set has Skyrocketed
• The Soft Side of PM has been Recognized as a
  Key to Project Success
• The Emergence of the Internet, Dot-Coms, Etc.
• Company/Employee Loyalty is Dead
• Recognition that Good PM Adds Directly to the
  Bottom Line
• Occupations have become Highly Specialized
• Increased Complexity/Cost of Projects, Higher
  Visibility and Importance of PMs to Senior
  Management
• Emergence of Project Management Departments,
  PMOs, Etc.
• Project Management has Come of Age

16
The Future

• Demand for Trained and Certified PMs will
  Continue to Rise
• Generic project manager will cease to exist
• Project Management will Replace Line Management
  as the Stepping Stone to the Executive Ranks
• PM Education will Mature and Standardize
• Ad Hoc PM Training will Become Less Widespread
  and/or Accepted
• The PM Career Path will Continue to Evolve, Yet
  will Become more Defined
• PMs will Become Corporate Officers at Fortune 500
  Firms

17
Summary

• The Career Path has Shifted Away from Experience,
  Towards Education and Soft Skills
• There is room for seasoned pros, as well as
  entry-level PMs
• Project Managers with All Backgrounds Are
  Neededin All Industries
• Those Who Commit Early to a Career in Project
  Management will See the Greatest Rewards
• Its A Very Good Time to be in the Project
  Management Profession!