Home > Salary > Monaco > 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: 267,690 EUR
Estimated Monthly Salary: 22,308 EUR
Estimated Weekly Salary: 5,148 EUR per week
Estimated Hourly Salary: 129 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 21,635 EUR
Estimated Weekly Salary: 4,993 EUR per week
Estimated Hourly Salary: 125 EUR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 268,814 USD
Estimated Monthly Salary: 22,401 USD
Estimated Weekly Salary: 5,170 USD per week
Estimated Hourly Salary: 129 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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.
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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.
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 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?

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: 267,690 EUR
Estimated Monthly Salary: 22,308 EUR
Estimated Weekly Salary: 5,148 EUR per week
Estimated Hourly Salary: 129 EUR per hour
Comparing salary to last year:
Estimated Yearly Salary: 259,619 EUREstimated Monthly Salary: 21,635 EUR
Estimated Weekly Salary: 4,993 EUR per week
Estimated Hourly Salary: 125 EUR per hour
Project Management Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 268,814 USD
Estimated Monthly Salary: 22,401 USD
Estimated Weekly Salary: 5,170 USD per week
Estimated Hourly Salary: 129 USD per hour
Difference in salary year over year or average salary increase is approximately
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
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Country:
Salary comparison to National average
Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Project Management Specialist job salary compared to average salary in Monaco.
Comparison shows that a person working as Project Management Specialist in Monaco earns on average:
1.57 times the average salary (or 157% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Project Management Specialist job salary compared to average salary in Monaco.
Comparison shows that a person working as Project Management Specialist in Monaco earns on average:
1.57 times the average salary (or 157% 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 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
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Monaco
(1,948,030 EUR per year, pre-tax.)
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4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
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7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)
Random salary:
Marketing communications specialist (160,100 EUR per year, pre-tax.)
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Art teacher (139,662 EUR per year, pre-tax.)
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