10 Project Management Stats All PMPs Should Know for 2022

10 Project Management Stats All PMPs Should Know for 2022

The world of project management is forever changing. The project management industry is constantly in flux from the emergence of more demand for remote work due to the COVID-19 pandemic to the consistent development of new software solutions.

As a result of the constant evolution, it can be hard to keep your ear to the ground and stay current on trends and new happenings.

Today, we want to make that task a bit easier. We've gathered a list of important stats that every project management professional should know, along with insights into why it's an essential piece of data to keep in mind. You might even want to bookmark a few mentioned source websites for future reference.

Take a look at these ten critical PMP-related industry stats:

By 2027, organizations will need 87.7 million people working in project management positions. - PMI

PMI estimates that the project management profession will have grown by 33% between 2017 and 2027. This scenario is excellent news for two reasons. First, for project managers who want to move around to other companies and sectors, the jobs will be there. Second, this means that the profession is growing in need, which is good news for those looking for job security. So, keep this one in mind as you continue to grow and evolve in the field as there will be more opportunities to flourish in this profession.

The healthcare sector has seen the most significant rate of growth in project management positions in the U.S. - PMI

For those looking to make a sector switch or want to get into the project management profession in general, the healthcare sector may be the best bet. This industry has started to see a greater need to hire project managers to help improve patient care, manage operational logistics, and improve the function and operations of medical facilities across the country.

The United States has the second-highest median PMI Salary in the world - PMI

According to the PMI's Project Management Salary Survey Twelfth Edition report, the United States has the second-highest median salary globally with a $115,000 annual salary. While this isn't representative of all the professions and related salaries, it shows that the project management profession can be lucrative with the right experience and industry. Data from this survey also revealed that it doesn't hurt to have a PMP certification as it can also lead to a salary raise.

Agile organizations have a 70% chance of being in the top quartile of organizational health. - McKinsey and Company

There are many benefits to embracing agility in company processes — including project management. McKinsey and Company's report on agile organizations also revealed that they have long-term performance, a faster time to market, higher revenue growth, and even a more engaged workforce. It's likely that these company-wide benefits can also extend to project management professionals and their teams.

54% of workers believe they would save over five hours each week if they could automate tasks. - Monday.com

In a Monday.com, a project management software solution, survey of 1,000 workers, they found that 54% of respondents believed they would save five hours a week by automating repetitive tasks. How many times have you had to stop what you're doing to add someone to a CRM, remember to send out a routine email, or conduct data entry? Now think about how many times your team has had to do that along with other tasks. Your team and you could likely be more productive by embracing automation where they can.

Over half of project managers see the adoption of AI in their field within the next five years. (IPMA, 2022)

Software tools like Zapier and Todoist helped companies move toward dynamic automation, but they were only the beginning. Considering the number of routine tasks associated with many project management positions and the new technological landscape that the profession is embracing, it's highly likely that artificial intelligence will grow in prominence for this field.

With the emergence of location-independent work and the continued use of technology, it's even easier to integrate AI technologies into project management systems. The article linked above by The International Project Management Association (IPMA) also pointed out that AI may even replace entry-level positions like project management assistants and advisers.

More projects are meeting their goals and objectives. - PMI

According to PMI's 2021 Pulse of the Profession, between 2019 and 2021, the percentage of projects that met their original goals and business intent rose from 68% to 73%. While this is a subtle shift, it does reveal that despite the pandemic, project managers are still able to help their company not only meet its objectives but possibly exceed them.

Also, the percentage of companies that completed their projects within budget jumped from 57% to 62%. Even in the most unstable times, the project management position is resilient.

Technical skills are the highest priority for talent development for companies. - PMI

To support the development of successful projects, many companies are looking for technical skills according to PMI's 2020 Pulse of the Profession report. If you're thinking of making a switch or increasing your position status or salary within the field, then you may want to put the focus on expanding your skillset in a technology-related area.

This can vary, depending on your field, position, and your company's overall goals. If you're unsure of where to start, meet with your manager to see the current needs and then see how they align with your aspirations. If you're on the job hunt, start researching job descriptions to see the technical skills in demand so that you can add the relevant training to your resume to stand out.

Project management tools improve project timeline estimation and the effective use of resources. - Capterra

For those that use project management tools, 60% saw an increase in timeline estimation, and 55% reported more effective use of their project resources, according to Capterra's Project Management Software Market Research Report.

Project management tools are not a cure-all for those needing to sharpen their workflows. However, it can be a great way to increase efficiency and make life easier for your clients and team members. And always remember that any successful project management tool integration starts with an excellent policy that can be supported by tools that fit your team and workflow.

45% of companies spend between $5,000 and $25,000 on their project management tools. - Capterra

There is a wide range of prices that project management companies pay for their project management software solutions. And according to data from Capterra, most companies were able to stay close to what they budgeted for their software costs.

The study also revealed that while the price was a top concern, the top feature that many companies were looking for was functionality.

Ultimately, there is a wide variety of pricing structures for those interested in adding a project management software solution to their workflow, so even if you have a smaller budget, you can still find something that may work for your team.

Final Thoughts

The project management profession will continue to evolve. There's a lot to keep an eye on, from changing technological landscapes (that may include new platforms like the Metaverse ) to an increase in project management jobs. Therefore, make a point to track and record the stats. Good data regarding the profession can help you stay on top of new developments and further excel in your career in the short and long term.


A monday.com report: the state of workplace automation, https://monday.com/blog/productivity/monday-com-report-state-workplace-automation/

Project Management Job Growth and Talent Gap 2017–2027, https://www.pmi.org/learning/careers/job-growth

Project Management Salary Survey Twelfth Edition, https://www.pmi.org/-/media/pmi/documents/secure/learning/publications/pmi_salary_survey_12th_edition_members_final.pdf?v=5185445f-790d-489a-b21e-49ef7b4f137e

Project Management Institute (2021). Beyond Agility: Flex to the Future. Pulse of the Profession®., https://www.pmi.org/learning/library/beyond-agility-gymnastic-enterprises-12973

Project Management Software Market Research Report, https://www.capterra.com/project-management-software/user-research/

The five trademarks of agile organizations, https://www.mckinsey.com/business-functions/people-and-organizational-performance/our-insights/the-five-trademarks-of-agile-organizations

The metaverse: Why it matters for business, https://tbtech.co/beyond-reality/the-metaverse-why-it-matters-for-business/