This commodity-rich country, dodging the worst of the global economic
recession, enjoyed a mining boom over the past decade, fueled largely by Chinese demand. However, as China’s need for minerals tapered off, projects in
Australia’s mining sector, which accounts for about 8 percent of the country’s
GDP, have slowed.
Still, things aren’t standing still. “Despite a cooling of the mining and
construction sector, this is still the dominant area for project managers in
Australia,” says Dave Wright, PMP, managing director, QVC Solutions, Brisbane, Australia.
That dominance is reflected in reimbursement. Australian project managers in the resources industry have a higher average salary than project
managers in any other industry. That’s particularly noteworthy given that the
median salary for project practitioners is higher here than any other country, according to PMI’s Project
Management Salary Survey—Eighth Edition.
While mining cools slightly, other industries, including energy and agriculture, are heating up,
according to a 2014 Deloitte report. There are also growth opportunities for sectors like IT that play
supporting roles to mining and other industries.
For practitioners eager to secure these jobs, Mr. Wright emphasizes the importance of the Project
Management Professional (PMP)® credential. “The mining and construction sectors typically use A
Guide to the Project Management Body of Knowledge (PMBOK® Guide), so certification through PMI
will provide a competitive advantage,” he says.
“I have realized with the
skills and competencies
learned, a capable proj-
ect manager can do just
about anything! I have
decided it’s time to grow,
and I am starting my
own business. I am buy-
ing a management con-
sulting franchise. One of
its core competencies
is project management
skills, as it’s about imple-
menting its findings, not
just consulting. It builds
on my existing compe-
tences and develops new
areas. I am really excited
about it, so my goal is
to build a great business
(and, yes, the success
criteria will be specific
What is your top career
goal for 2015?
Slow But Steady
AT A GLANCE
2015 GDP Growth
Sectors to Watch: