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A career as an IT project manager can be a lucrative choice in an in-demand field. As an information technology (IT) project manager, you will plan and oversee IT-related projects, such as planning a network or creating a website. IT project management jobs are typically high-paying, but several factors will influence how much money you make. Discover how experience, location, company, and skills affect average salaries to see how you can maximise your potential earnings.
IT project managers plan, manage, oversee, and execute IT projects such as software development, network creation, and mobile app development. In this role, your responsibilities include developing a plan for completing the project, managing scope, measuring and monitoring progress, working with team members, tracking key performance indicators, and managing risk in every stage of the process. You would be the point person for the project, responsible for advocating for the team and developing solutions for the client.
One way to determine the average salary of an IT project manager is to survey websites with aggregate salary information. According to five salary sources as of December 2024, the IT project manager salary range is as follows [1, 2, 3, 4, 5]:
Ambition Box | Indeed | Talent | Glassdoor | Payscale |
---|---|---|---|---|
₹18,70,000 | ₹12,05,043 | ₹12,00,000 | ₹15,00,000 | ₹17,99,284 |
The exact amount you will earn as an IT project manager will depend on various factors, including your years of experience, geographic location, employer, and education credentials.
Whilst experience is a major factor that impacts how much salary you can earn as an IT project manager, other factors can also impact. These can include where you’re applying for work, the company you’re applying to, and what education level and certifications you’ve earned. Explore how each of these considerations can impact how much you’ve earned.
The more experience you gain in IT project management, the more money you’re likely to earn. This may happen due to taking on more responsibilities or gaining expertise in important skills. The skills required to become an IT project manager often overlap with other IT roles. You may be able to move from a position like a network administrator into a project management position.
Ambition Box and Payscale offer insight into how much your pay can vary depending on your experience level, but using slightly different scales. Ambition Box lists pay averages as follows [1]:
Years of experience | Average pay |
---|---|
5–6 | ₹9.2 L |
6–7 | ₹10.4 L |
7–8 | ₹11.2 L |
8–9 | ₹12.8 L |
9–10 | ₹14.3 L |
10–11 | ₹15.1 L |
11–12 | ₹16.4 L |
12–13 | ₹16.5 L |
13–14 | ₹17.9 L |
14–15 | ₹19.4 L |
Payscale also offers data that breaks down average salary according to the amount of experience [5]:
Professional level | Average pay |
---|---|
Entry level | ₹4,00,000 |
Early career | ₹6,38,135 |
Mid career | ₹14,83,022 |
Experienced | ₹20,19,934 |
Late career | ₹25,18,046 |
An IT project manager's salary can vary from area to area, depending on the cost of living and the demand for project managers. Indeed offers data about how the average salary for IT project managers varies by city [2]:
Bengaluru, Karnataka: ₹14,46,782
Pune, Maharashtra: ₹14,15,937
Hyderabad, Telangana: ₹13,44,378
Gurgaon, Haryana: ₹12,79,298
Chennai, Tamil Nadu: ₹13,65,109
Mumbai, Maharashtra: ₹11,29,156
New Delhi, Delhi: ₹10,78,530
Delhi, Delhi: ₹7,32,939
Jaipur, Rajasthan: ₹5,82,459
Another reason your pay will vary is that it depends on who your employer is. Glassdoor offers insight into the average base salaries with various employers, including [4]:
Tata Consultancy Services: ₹13,00,000
Infosys: ₹14,00,000
Capgemini: ₹15,00,000
Dell Technologies: ₹15,00,000
Cognizant Technology Solutions: ₹16,00,000
Tech Mahindra: ₹13,00,000
Wipro: ₹14,00,000
IBM: ₹14,00,000
Accenture: ₹16,00,000
Developing your skills as an IT project manager may help you qualify for more specialised roles or make you a more attractive candidate for a high-paying company. According to Payscale, having certain skills, such as Agile software development or business analysis, can increase the average salary you can expect. Your skills can help you earn an average salary as follows [5]:
Project management: ₹17,64,649
Project coordinating: ₹15,98,607
Microsoft Excel: ₹13,21,191
Agile software development: ₹19,72,9631
Business analysis: ₹17,66,446
Additionally, Payscale lists skills that can impact your salary, noting the percentage they can increase your wages. These include [5]:
IT consulting: 65 per cent
Project management: 50 per cent
Microsoft Access: 48 per cent
Banking: 37 per cent
SAP Enterprise Resource Planning (ERP): 28 per cent
Development operations (DevOps): 24 per cent
Telecommunications: 22 per cent
PegaRules Process Commander (PRPC): 22 per cent
Microsoft Azure: 22 per cent
The digital transformation across India, South Asia, and globally will continue to feed the massive and growing IT industry, contributing to an optimistic job outlook for IT project management professionals. The overall growth of India’s GDP—one of the world’s highest growth rates—is partly due to the size and growth of the country’s IT industry, which added approximately 300,000 new jobs in 2023 [6]. Digital transformation can be seen in many industries, such as healthcare, which also contributes to the need for skilled project managers to lead IT projects in other industries.
By pursuing a career as an IT project manager, you will join an in-demand career field and have the opportunity to earn an above-average salary. If IT project management is a career that excites you, consider earning your IBM IT Project Manager Professional Certificate on Coursera. Get job-ready for an entry-level IT project management position by building skills in Agile project management, adaptive planning, iterative development, continuous improvement, and stakeholder management.
Upon completion, get access to resume review, interview prep, career support resources, and free access to IBM's People and Soft Skills Specialisation.
Ambition Box. “IT Project Manager Salaries, https://www.ambitionbox.com/profile/it-project-manager-salary.” Accessed 30 December 2024.
Indeed. “Project Manager Salary in India, https://in.indeed.com/career/project-manager/salaries.” Accessed 30 December 2024.
Talent. “Project Manager Average Salary in India, https://in.talent.com/salary?job=project+manager.” Accessed 30 December 2024.
Glassdoor. “Salary: IT Project Manager in India, https://www.glassdoor.co.in/Salaries/it-project-manager-salary-SRCH_KO0,18.htm.” Accessed 30 December 2024.
Payscale. “Project Manager, Information Technology Salary in India, https://www.payscale.com/research/IN/Job=Project_Manager%2C_Information_Technology_(IT)/Salary.” Accessed 30 December 2024.
Project Management Institute. “Global Project Management Job Trends 2023, https://www.pmi.org/learning/careers/global-job-trends-2023.” Accessed 30 December 2024.
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