Project Management Director salary in Iceland

Average Yearly Salary of Project Management Director in Iceland is approximately 23,831,390 ISK (165,903 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Project Management Director do?

A Project Management Director is responsible for overseeing and managing all aspects of projects within an organization. They lead a team of project managers, ensuring that projects are delivered on time, within budget, and meet the desired objectives. The Project Management Director develops project plans, defines project goals and objectives, and establishes project timelines and budgets. They also allocate resources, monitor project progress, and communicate with stakeholders to ensure project success. Key responsibilities of a Project Management Director include coordinating project activities, mitigating risks, resolving project issues, and providing guidance and support to project managers. They are also responsible for evaluating project performance, implementing best practices, and continuously improving project management processes.

Skills: Project Management, Leadership, Team Management, Strategic Planning, Risk Mitigation, Stakeholder Communication
Job industry: Construction

How much does Project Management Director make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Project Management Director a well paid job?

Yes, our data show that Project Management Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Project Management Director?

High salary for Project Management Director would be somewhere between 26,214,529 ISK and 34,555,516 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Project Management Director in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 23,831,390 ISK
Estimated Monthly Salary: 1,985,949 ISK
Estimated Weekly Salary: 458,296 ISK per week
Estimated Hourly Salary: 11,457 ISK per hour
By working as Project Management Director a person can save up to 11,096 USD per month or 133,157 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Project Management Director

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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