Project Management Specialist salary in Monaco

Average Yearly Salary of Project Management Specialist in Monaco is approximately 267,690 EUR (268,814 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

How much does Project Management Specialist make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

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 294,459 EUR and 388,151 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Project Management Specialist in Monaco?

Living in Monaco the approximate monthly expenses are: 7,443 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: 267,690 EUR
Estimated Monthly Salary: 22,308 EUR
Estimated Weekly Salary: 5,148 EUR per week
Estimated Hourly Salary: 129 EUR per hour
By working as Project Management Specialist a person can save up to 14,958 USD per month or 179,496 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 Monaco, see costs of living in Monaco.

Salary comparison to region and neighbouring coutries

Country's neighbours are: France, Italy.
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

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.

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Data as of 2025

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