Technical Project Manager Salary
Median pay for Technical Project Managers in the United States lies in the neighborhood of $90K per year. Overall incomes of Technical Project Managers generally bottom out at around $58K and peak near $135K; the final number can, in exceptional cases, include upwards of $15K each for bonuses and profit sharing proceeds. The most important factor affecting compensation for this group is the company, followed by experience level and geographic location. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Job satisfaction is high and work is enjoyable for most Technical Project Managers. Men make up the majority of Technical Project Managers (67 percent) survey respondents. The data for this synopsis comes from respondents who took the PayScale salary survey.
|Salary||$59,501 - $127,356|
|Bonus||$1,002 - $15,036|
|Profit Sharing||$0.00 - $15,260|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$58,725 - $135,655|
|Hourly Rate||$17.53 - $70.33|
|Overtime||$23.91 - $77.04|
|Bonus||$1,002 - $15,036|
|Profit Sharing||$0.00 - $15,260|
|Total Pay (||$58,725 - $135,655|
Job Description for Technical Project Manager
The principal role of a technical project manager is to develop and maintain a technology project plan, which outlines a project's tasks, milestone dates, status, and allocation of resources to stakeholders and other interested parties. The technical project manager is responsible for clearly defining and quantifying each step, as well as establishing concrete deadlines for each project milestone and deliverable. To this end, they have must have a demonstrated ability to anticipate problems and to find resolutions before that problem can derail a major milestone or deliverable. Since the typical project has a long life cycle, the technical project manager handles all of the complex aspects of the project; these aspects may be subject to constant change to accommodate market and economic conditions that directly affect implementation costs, market viability, and the organization’s potential profit or loss on the project.Read More...
The technical project manager should have at least a bachelor's degree in management information systems (MIS), computer science, or a related engineering field. In addition, they will have one or more certifications from PMI (the Project Management Institute) that demonstrate understanding of the fundamentals of project management, knowledge of the terminology, and processes of effective project management. The technical project manager should have superior communications skills, since they mediate disputes, as well as resolve scheduling and asset utilization conflicts. (Copyright 2017 PayScale.com)
Technical Project Manager Tasks
- Plan and coordinate project schedules, goals and milestones and make project assignments.
- Create technical documentation as needed and report on progress of project.
- Adhere to budgets and keep projects on track for successful completion within specification.
Common Career Paths for Technical Project Manager
For Technical Project Managers, progressing to a Senior Program Manager of Software Applications role may result in a significant raise. On average, a Senior Program Manager of Software Applications can earn $129K annually. An IT Senior Project Manager role is the most common promotion for Technical Project Managers moving up the ladder, and pay for the position tends to be around the $112K mark. Another typical, albeit less common, transition for Technical Project Managers is an Engineering Project Manager position, where earnings are usually $89K.
Technical Project Manager Job Listings
Popular Employer Salaries for Technical Project Manager
Leading companies who hire large numbers of Technical Project Managers include AT&T Inc., Sprint Nextel Corporation, Alcatel - Lucent, The Boeing Company, and Amazon.com Inc. Although Amazon.com Inc boasts the highest average salary in town at $130K, employee compensation still varies greatly — workers can make as little as $86K or as much as $154K. Soaring salaries can also be found at American Express Co. (AMEX), Wells Fargo & Co., and General Electric Co (GE), where earnings of $128K, $126K, or $125K are standard for Technical Project Managers.
Other low-paying employers include Xerox Corporation at $78K and AT&T Inc. at $81K, though some Technical Project Managers there earn up to $132K.
Popular Skills for Technical Project Manager
Survey results imply that Technical Project Managers deploy a deep pool of skills on the job. Most notably, skills in Agile, Software Development, Agile Software Development, and Microsoft Project are correlated to pay that is above average, with boosts between 7 percent and 10 percent. Skills that pay less than market rate include Customer Relationship Management, Microsoft Word, and Microsoft Excel. The majority of those who know Project Management also know Technical Analysis and Customer Relationship Management (CRM).
Pay by Experience Level for Technical Project Manager
Pay by Experience for a Technical Project Manager has a positive trend. An entry-level Technical Project Manager with less than 5 years of experience can expect to earn an average total compensation of $75,000 based on 686 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Technical Project Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $91,000 based on 766 salaries. An experienced Technical Project Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $102,000 based on 805 salaries. A Technical Project Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $111,000 based on 278 salaries.
Pay Difference by Location
For Technical Project Managers, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Technical Project Managers will also find cushy salaries in Jacksonville (+16 percent), Boston (+8 percent), Seattle (+8 percent), and New York (+7 percent). Portland is the lowest-paying area, 11 percent south of the national average. Employers also pay below the national average in Denver (8 percent lower) and Austin (5 percent lower).
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