Senior Project Manager Engineering salary in Monaco

Average Yearly Salary of Senior Project Manager Engineering in Monaco is approximately 442,645 EUR (441,302 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 Senior Project Manager Engineering do?

A senior project manager in engineering is responsible for overseeing and managing complex engineering projects from inception to completion. They are in charge of planning, organizing, and coordinating all aspects of the project, ensuring it is delivered on time, within budget, and meets the required quality standards. This role involves leading a team of engineers and other professionals, assigning tasks, setting objectives, and monitoring progress. Senior project managers in engineering also collaborate with stakeholders, such as clients, contractors, and vendors, to ensure effective communication and successful project outcomes. They are responsible for risk management, problem-solving, and making strategic decisions to overcome challenges and achieve project goals. This position requires strong leadership, excellent communication and negotiation skills, technical expertise, and the ability to prioritize and manage multiple tasks.

Skills: Senior project manager, Engineering, Project management, Leadership, Technical expertise, Risk management
Job industry: Engineering

How much does Senior Project Manager Engineering make?

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


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Salary comparison to National average

Is Senior Project Manager Engineering a well paid job?

Yes, our data show that Senior Project Manager Engineering 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 Senior Project Manager Engineering?

High salary for Senior Project Manager Engineering would be somewhere between 486,910 EUR and 641,835 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Project Manager Engineering 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: 442,645 EUR
Estimated Monthly Salary: 36,887 EUR
Estimated Weekly Salary: 8,512 EUR per week
Estimated Hourly Salary: 213 EUR per hour
By working as Senior Project Manager Engineering a person can save up to 29,332 USD per month or 351,984 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 Senior Project Manager Engineering

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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