Home > Salary > Iceland > Project Management Specialist
A project management specialist is responsible for overseeing and managing various projects within an organization. They work closely with stakeholders to define project objectives, develop project plans, allocate resources, and monitor progress. Their role involves coordinating team members, ensuring tasks are completed on time, and delivering projects within budget. They also analyze risks, implement mitigation strategies, and resolve any issues that may arise during the project lifecycle. Additionally, project management specialists provide regular updates to stakeholders and communicate project status, milestones, and deliverables.
Estimated Yearly Salary: 14,114,489 ISK
Estimated Monthly Salary: 1,176,207 ISK
Estimated Weekly Salary: 271,432 ISK per week
Estimated Hourly Salary: 6,786 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,134,240 ISK
Estimated Weekly Salary: 261,748 ISK per week
Estimated Hourly Salary: 6,544 ISK per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 98,338 USD
Estimated Monthly Salary: 8,195 USD
Estimated Weekly Salary: 1,891 USD per week
Estimated Hourly Salary: 47 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 14,114,489 ISK
Estimated Monthly Salary: 1,176,207 ISK
Estimated Weekly Salary: 271,432 ISK per week
Estimated Hourly Salary: 6,786 ISK per hour
By working as Project Management Specialist a person can save up to 5,466 USD per month or 65,592 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.
Estimated Yearly Salary for Project Management Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Project Management Specialist salary in Iceland
Average Yearly Salary of Project Management Specialist in Iceland is approximately 14,114,489 ISK (98,338 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 Specialist do?
A project management specialist is responsible for overseeing and managing various projects within an organization. They work closely with stakeholders to define project objectives, develop project plans, allocate resources, and monitor progress. Their role involves coordinating team members, ensuring tasks are completed on time, and delivering projects within budget. They also analyze risks, implement mitigation strategies, and resolve any issues that may arise during the project lifecycle. Additionally, project management specialists provide regular updates to stakeholders and communicate project status, milestones, and deliverables.
Skills: project management, project planning, resource allocation, risk analysis, stakeholder management, project coordination
Job industry: Construction
Job industry: Construction
How much does Project Management Specialist make?
Salary details
How much does Project Management Specialist make?Estimated Yearly Salary: 14,114,489 ISK
Estimated Monthly Salary: 1,176,207 ISK
Estimated Weekly Salary: 271,432 ISK per week
Estimated Hourly Salary: 6,786 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 13,610,883 ISKEstimated Monthly Salary: 1,134,240 ISK
Estimated Weekly Salary: 261,748 ISK per week
Estimated Hourly Salary: 6,544 ISK per hour
Last revision of data: 2024-01-07Project Management Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 98,338 USD
Estimated Monthly Salary: 8,195 USD
Estimated Weekly Salary: 1,891 USD per week
Estimated Hourly Salary: 47 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Project Management Specialist job salary compared to average salary in Iceland.
Comparison shows that a person working as Project Management Specialist in Iceland earns on average:
1.58 times the average salary (or 158% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Project Management Specialist job salary compared to average salary in Iceland.
Comparison shows that a person working as Project Management Specialist in Iceland earns on average:
1.58 times the average salary (or 158% of average salary).
Is Project Management Specialist a well paid job?
Yes, our data shows that Project Management Specialist is a 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 Specialist?
High salary for Project Management Specialist would be somewhere between 15,525,938 ISK and 20,466,009 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Project Management Specialist 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: 14,114,489 ISK
Estimated Monthly Salary: 1,176,207 ISK
Estimated Weekly Salary: 271,432 ISK per week
Estimated Hourly Salary: 6,786 ISK per hour
By working as Project Management Specialist a person can save up to 5,466 USD per month or 65,592 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 Specialist
Norway is 138,239 USD
United Kingdom is 64,600 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Help desk manager it (12,760,176 ISK per year, pre-tax.)
Mail room manager (6,168,308 ISK per year, pre-tax.)
Marine services technician (6,175,376 ISK per year, pre-tax.)
Brickmason (8,081,359 ISK per year, pre-tax.)
Search engine optimization (seo), lead (14,394,443 ISK per year, pre-tax.)
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