Yesterday evening Cpl Technology senior consultant Lydia Peisley spoke to us on Facebook about Project Management and PMO trends. This is a particularly buoyant area at the moment so Lydia joined us to highlight the need for PMO professionals in large consultancies such as Accenture, PWC and Ernest & Young to support delivery of projects in the utilities sector and within Financial Services.
Demand in the project management space is growing as more companies move to Ireland and as the customer demand for better public services, such as healthcare, strengthens. Specifically, lots of tech companies are looking to set up so PMs with strong ops systems implementation, consolidation and experience on global projects are needed more than ever.
With such demand it can be hard to choose what kind of role is best – especially when it comes to choosing between contract roles or a permanent role.
The benefits of contract work
The main benefit of contract work is more money. Your monthly income will be more competitive, you’ll have a flexible work routine, new challenges and projects. If you’re already working in the project management space now’s an exciting time to get involved and get some experience in some interesting project based work.
With that said you do need to be mindful that you could have lots of work, then a period of no work. As a contractor you’re also responsible for all your own tax and aren’t entitled to sick pay or holiday pay. Contract work in general is best suited to experienced PMO professionals who are looking to broaden their project portfolio.
The benefits of being a permanent employee
As a perm employee your monthly take home pay might be slightly lower, but there are lots of other benefits. As a permanent employee you’ll experience more of a workplace culture and the social aspect of work – being part of weekly drinks and having work friends rather than just constantly changing colleagues.
As a permanent employee you’ll also have more entitlements, such as the Employee Assistance Program, sick pay, unemployment benefit and holiday pay. On the downside your projects will be less varied. A permanent contract is generally best for employees looking for security and a good social aspect to their work.
Whether you are currently working in the PMO sector, or if you’re interested in getting involved in contract or perm project management work, there are lots of jobs out there to suit a variety of interests and skills.