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Business and financial project management professional

Business and financial project management professional - overview

As a business and financial project management professional, often called a project manager, you’ll manage and lead technical staff to deliver successful projects for your organisation. Learn more about a career in business and financial project management, get an idea of what it might involve, and how you can work towards your first role.

Learn what the role involves below.

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What does a business and financial project manager do?

As a business and financial project manager you’ll manage every stage of a project, from conception to delivery and evaluation. These projects can be highly varied and could range from the creation of a product, changing a business system or process, or any time-limited activity that will benefit your organisation.

Your responsibilities will usually include communicating with stakeholders, reporting on project progress, and acting to maintain the schedule, budget and quality of your project. You’ll also recruit, manage and support a team of technical staff in their work to achieve the project’s objectives. As an organised individual, you’ll enjoy motivating others and seeing the results of your efforts.

What will your days involve?

Daily tasks will vary but could involve:

  • Understanding the client or business’s needs
  • Recruiting and managing project staff
  • Taking action to maintain project schedule, budget and quality
  • Reporting progress to the client or senior managers
  • Negotiating materials and services with contractors and suppliers
  • Planning and monitoring each stage of the project
  • Agreeing timescales, costs, and resources

FAQs

How much can you earn as a business and financial project management professional?

The average salary for a business and financial project management professional in the UK is £51,480.

Does a business and financial project manager role involve travel in the UK or overseas?

In this role you might be asked to travel to different offices to meet with colleagues or clients. Travelling overseas might be involved for project managers working for international organisations.

Can you work from home as a business and financial project manager?

Hybrid working, where some of your work is completed at home and some on-site, is typical for project managers in this field.

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