How to Become a New Products Project Manager
Step 1: Understand the job description and responsibilities of a New Products Project Manager
What does a New Products Project Manager do?
A New Products Project Manager is responsible for the project coordination, planning, and research required for the identification and introduction of new products and business opportunities. Creates a project structure for stakeholders including timelines, project plans, tasks, team responsibilities, and status reporting. Being a New Products Project Manager oversees review of new product concepts and decision making process required for new product introduction and roll out. Typically requires a bachelor's degree. Additionally, New Products Project Manager typically reports to a director. The New Products Project Manager work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a New Products Project Manager typically requires 4-7 years of related experience.
Our new products team is responsible for delivering quality new wine and spirits products into market to drive growth in our business.
The project managers on this team are at the helm of new product execution, driving timely decision making and managing product launches.
Based on our compensation data, the estimated salary potential for New Products Project Manager will increase 16 % over 5 years.
Appointing a project manager for each project has been identified as one of the six basic success factors to improve your ability to get new products to market quicker and cheaper.
In essence the project manager has the authority to run the project on a day to day basis and is responsible for ensuring project success within the tolerances set by the project sponsor.
Step 2: Learn best tips to become a New Products Project Manager
Best tips for those who want to become a New Products Project Manager
Here are some tips to become a New Products Project Manager.
Creation and Maintenance of product.
Step 3: View best colleges and universities for New Products Project Manager
Best colleges and universities for New Products Project Manager
- Butler University
- Carroll College
- Cooper Union
- High Point University
- Princeton University
- Providence College
Step 4: Think about whether is it worth to be a New Products Project Manager
Is being a New Products Project Manager Worth it?
Mars – Wyong, NSW – Based on the sunny Central Coast in Wyong and home to household brands such as Masterfoods and Uncle Ben’s, we have an exciting opportunity for a Project Manager – New Products, to join the Mars Food Australia Marketing team.
Primarily you will project manage the end-to-end delivery of new product activities across the food portfolio from initial concept, through to supply and handover to the sales team.
This is a dynamic and fast paced role where you will work closely with the Brand Manager to co-pilot each project and ensure the successful execution of each activity resulting in bringing new products to market.
You will manage a vast array of key project stakeholders and be highly connected and well known throughout the business.
Construct a WBS (Work break-down structure) for a project in which you plan an event in your office/organization.
Step 5: Prepare relevant skills for being a New Products Project Manager
What skills do you need to be a New Products Project Manager?
Management often looks to professional level roles for execution on their visions and goals, as such some specific skills are required. The workload of this role requires knowledge of: New Product Introduction, Product Marketing, Project Administration, Project Delivery, Project Planning, Resource Planning. If you highlight these skills during your interview process, you will be more likely to land the job!
3+ years of Project Management experience in Food, Beauty, or regulated CPG.
Must have experience dealing with high complexity projects and renovations.
Over 3 years of Project Management experience in the CPG industry, preferrably food, beauty, or highly regulated products.
Must have a thorough understanding of new product development processes.
Great organizational skills, impeccable attention to detail and the motivation to take an established development house to the next level with processes and projects.
Step 6: View average salary for New Products Project Manager
How much does a New Products Project Manager make?
The average salary range for a New Products Project Manager is from $108,294 to $150,201. The salary will change depending on your location, job level, experience, education, and skills.
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Average salary for New Products Project Manager jobs
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- Healthcare Services/Products Analyst
- Financial Products Licensed Sales Representative III
- Bankcard Products Operations Manager
- Bankcard Products Strategy Manager
- New Product Development Research/Planning Manager
- New Product Sales Integration Manager
- New Product/Brand Manager
Step 7: Find relevant New Products Project Manager jobs, and apply.
Looking for New Products Project Manager jobs?
Here are some New Products Project Manager jobs in the United States.