Wanted: Tons of Talent

The Demand for Project Professionals Will Surge in the Coming Decade

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ArticleStrategy, Talent Management, Resource Management1 June 2017

PM Network

How to cite this article:

Wanted: Tons of Talent: The Demand for Project Professionals Will Surge in the Coming Decade (2017). PM Network, 31(6), 8.
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The global demand for project talent will surge in the coming decade. Any potential talent gap will be a liability for organizations looking to implement strategic initiatives.

The global demand for project talent will surge in the coming decade. Any potential talent gap will be a liability for organizations looking to implement strategic initiatives.

22 million The approximate number of new project management jobs to be created between 2017 and 2027

image

The projected growth rate of the project management-oriented labor force in project-oriented industries through 2027

8.5% Growth rate of project management job openings in the U.S. projected through 2027—compared to 6.5% for all occupations

HOT SPOTS

The greatest job growth in project management through 2027 is expected in a handful of sectors across the 11 countries analyzed.

Projected new positions:

image
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75%
China's and India's share of project-oriented employment by 2027

RISK AND REWARD

US$5.6 trillion The contributions to GDP from project management-oriented industries* between 2017 and 2027

*Industries that rely heavily on project management in the 11 countries surveyed

Almost US$208 billion
Amount at risk if organizations don't fill the project management talent gap

Source: Project Management Job Growth and Talent Gap 2017–2027, PMI, 2017. All figures drawn from analysis of 11 countries: Australia, Brazil, Canada, China, Germany, India, Japan, Saudi Arabia, the United Arab Emirates, the United Kingdom and the United States.

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