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Home - Business - Why The Future for Project Management Looks Bright in Australia?
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Why The Future for Project Management Looks Bright in Australia?

Joe CalvinBy Joe CalvinMarch 8, 2022Updated:August 9, 2024No Comments3 Mins Read
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Why The Future for Project Management Looks Bright in Australia?
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The harsh impact of the COVID-19 pandemic left a lot of project managers wondering about their prospects. But with Australia now in full recovery mode, the project management sector is offering opportunities to new entrants once more!

According to pre-COVID research conducted by PMI, project management positions will grow by 33%. Around 100,000 new project management roles will be available in Australia by 2027. 

Thanks to RPL, getting a project management qualification is now pretty straightforward. Read on to know more about the future of project management as a specialization in Australia. 

Reasons Why Project Managers Are in Demand

According to the current scenario of Australia’s job market, the demand for project managers has seen a prolific release. Read on to know why!

Demand outstripping supply 

Project managers are now being highly sought-after in Australia. With their skills needed across a plethora of sectors from architecture to government, construction to information technology, so on and so forth. 

With the demand of project managers now outstripping supply, organizations have started loosening up their minimum requirements for the role. 

Government spending 

Since Australia has entered recovery, the federal and state/territory governments have boosted public confidence by creating jobs. They have invested billions of dollars into this cause, and Australia has witnessed a massive surge of opportunities.

Investment in sectors such as infrastructure ends up creating thousands of job opportunities. For instance, the Federal Budget had allocated $100 billion in the 2020-2021 budget for a land transport infrastructure program. 

This program ended up supporting 100,000 jobs, opening up plenty of opportunities. With an RPL and their nationally recognized qualifications, you can take advantage of these opportunities.

To get an idea, here are a few key industries that will witness massive job growth in the next few years:

You can leverage these opportunities and successfully land the role of a project manager with ease. 

Leadership Skills

Project managers bring a different energy into the company, enforcing their leadership skills and overlooking day-to-day operational efficiency.

A good project manager sets a positive example on the team by making good decisions and relying on the team. These skills can be attained by acquiring project management course certification from RPL. 

Time, Quality, Cost

To start this off, let’s consider a statistic. Organizations that leverage proven project management practices waste 28 times less money than their competition. 

This only goes to say that with project managers at the helm, overseeing the goals and objectives of the company, it sails smoothly. 

The project manager’s job is to get the work done promptly, manage all the necessary resources, and finally ensure that the project meets the design requirements. By doing so, they pay attention to the three most important facets of any project: Time, Quality, and Cost! Project managers can use a variety of software solutions for tracking costs, customer relationships, departments, and all the data in the business including resource management. For more information about Business Intelligence solutions visit: technologyevaluation.com/c/bi .

Conclusion

With multiple sectors headed towards significant growth in the upcoming years, the demand for project management will increase. These roles hold solid prospects in terms of future growth, and if you choose a pathway that suits your skills, job satisfaction will soar as well. 

To be considered at the best companies for the role of a project manager, make sure you have a nationally recognised qualification by RPL. 

Project Management
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Joe Calvin
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Joe Calvin is a seasoned writer covering technology, business, health, and news. With over 10 years of experience, he delivers clear, insightful content that helps readers stay informed and make smart decisions. Joe’s work blends industry expertise with engaging storytelling to keep audiences ahead of the curve.

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