Where are the Construction Project Managers?

Date Posted: November 11, 2015

Posted In: Ideas,

From FieldLens:  The construction industry is facing a labor shortage, and project managers (PMs) are among the top three hardest to find of skilled workers. Four out of five organizations report that they are struggling to find qualified PMs, and more than 20% of PMs are approaching retirement age and will need replacing. How did this shortage come about and catch so many companies seemingly off-guard?

Construction project managers are in short supply as a result of a rebounding economy, an aging workforce, and a dwindling supply of new talent. Other possible reasons for the shortage include shortsighted hiring practices, lack of planning for the future, and cuts in budgets that result in fewer trainees. While there may be plenty of junior talent available, mid-level and senior talent are hard to find. These are the workers who have experience and knowledge in the field—things that cannot be taught.

What can be done about this shortage in the short term?

Read more.