Skills & Competencies for New Products Project Manager

New Products Project Manager job profile

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JOB SUMMARY for New Products Project Manager

Responsible for the project coordination, planning, and research required for the identification and introduction of new products and business opportunities.

JOB RESPONSIBILITIES for New Products Project Manager

Creates a project structure for stakeholders including timelines, project plans, tasks, team responsibilities, and status reporting. Oversees review of new product concepts and decision making process required for new product introduction and roll out.

New Products Project Manager SALARY RANGE

BASE 50%
$129,922
TOTAL 50%
$140,083
Job Level
P03
Job Code
FA06000477
Education/Degree
Bachelor's Degree
Reports To
Director

New Products Project Manager Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each New Products Project Manager skill and competencie below to view definitions.
INDUSTRY COMPETENCIES JOB FAMILY COMPETENCIES CORE COMPETENCIES
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1 hard skill or competency (industry competency) for New Products Project Manager

1 Industry Competency – New Product Development
Proficiency Level -3
Skill definition-Innovating new ideas and concepts to develop and bring new products to the marketplace.
Level 1 Behaviors
(General Familiarity)
Explains the importance of the processes and tools in new product developments.
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Level 2 Behaviors
(Light Experience)
Documents detailed technical specifications for new product initiatives.
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Level 3 Behaviors
(Moderate Experience)
Constructs roadmaps for product development efforts through automation.
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Level 4 Behaviors
(Extensive Experience)
Manages the execution of the new product development roadmaps.
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Level 5 Behaviors
(Mastery)
Explores new data sources to enhance the product development's ability and make data-driven decisions.
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3 New Products Project Manager - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - New Products Project Manager
Proficiency Level - 4
5 Competency for - New Products Project Manager
Proficiency Level - 5

9 general skills or competencies (Job family competencies) for New Products Project Manager

1 Job Family Competencies – Brand Management
Proficiency Level -2
Skill definition-Strategizing and evaluating brands in terms of positioning and target customers to ensure products and services highlight the quality of the brand.
Level 1 Behaviors
(General Familiarity)
Follows brand management techniques and procedures to increase value in brand perception.
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Level 2 Behaviors
(Light Experience)
Supports the development and execution of brand management guidelines.
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Level 3 Behaviors
(Moderate Experience)
Prepares detailed calendar for brand content planning and management.
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Level 4 Behaviors
(Extensive Experience)
Facilitates ongoing training to support and drive operations and brand culture.
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Level 5 Behaviors
(Mastery)
Establishes principles of brand management to create strong impression.
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2 Job Family Competencies – Market Research
Proficiency Level -2
Skill definition-Gathering information about a business's potential customers to determine the feasibility of a new product or service.
Level 1 Behaviors
(General Familiarity)
Explains the importance of market research in elevating business success.
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Level 2 Behaviors
(Light Experience)
Helps in translating market research findings into strategic decisions.
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Level 3 Behaviors
(Moderate Experience)
Interprets market research data to make actionable recommendations to senior executives.
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Level 4 Behaviors
(Extensive Experience)
Monitors the competitors' capabilities to maintain a competitive advantage in the market.
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Level 5 Behaviors
(Mastery)
Constructs qualitative and quantitative market research plans for products in all stages of the development life cycle.
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3 New Products Project Manager - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - New Products Project Manager
Proficiency Level - 4
5 Competency for - New Products Project Manager
Proficiency Level - 5

12 soft skills or competencies (core competencies) for New Products Project Manager

1 Core Competencies – Business Acumen
Proficiency Level -3
Skill definition-Insight into our organization's business, goals, and values. Ability to design and implement initiatives that facilitate successful outcomes.
Level 1 Behaviors
(General Familiarity)
Explains our key business strategies and priorities.
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Level 2 Behaviors
(Light Experience)
Reports and communicates market and competitor status regularly to the management team.
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Level 3 Behaviors
(Moderate Experience)
Implements effective marketing strategies that achieve improved business outcomes.
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Level 4 Behaviors
(Extensive Experience)
Optimizes business processes based on deep insight into various business unit functions.
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Level 5 Behaviors
(Mastery)
Evaluates industry and market trends to identify new business opportunities.
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2 Core Competencies – Budgeting
Proficiency Level -3
Skill definition-Applying specific policies, tools and practices to plan and prepare projected revenues, expenses, cash flows, and capital expenditures.
Level 1 Behaviors
(General Familiarity)
Explains the importance of budget reporting and forecasting in our workplace.
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Level 2 Behaviors
(Light Experience)
Supplies supporting information and justification for major line items.
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Level 3 Behaviors
(Moderate Experience)
Utilizes software tools and applications to forecast our annual budget accurately.
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Level 4 Behaviors
(Extensive Experience)
Provides in-depth training to our entire organization about the zero based budgeting methodology.
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Level 5 Behaviors
(Mastery)
Forecasts asset needs to leverage available inventory and data compilation for annual budgeting.
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3 New Products Project Manager - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - New Products Project Manager
Proficiency Level - 4
5 Competency for - New Products Project Manager
Proficiency Level - 5

Summary of New Products Project Manager skills and competencies

There are 1 hard skills for New Products Project Manager, New Product Development.
9 general skills for New Products Project Manager, Brand Management, Market Research, Marketing Channels, etc.
12 soft skills for New Products Project Manager, Business Acumen, Budgeting, Project Administration, etc.
While the list totals 22 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a New Products Project Manager, he or she needs to be skilled in Business Acumen, be skilled in Budgeting, and be proficient in Project Administration.

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