Period
to 18 October 2018

The median contractor rate for a Project Manager was £450 per day in advertised job vacancies in Watford during the 6 months to 18 October 2018.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Project Manager
Hertfordshire > Watford
6 months to
18 Oct 2018
Same period 2017 Same period 2016
Rank 5 10 6
Rank change year-on-year +5 -4 +9
Contract jobs requiring a Project Manager 55 46 48
As % of all contract IT jobs advertised in Watford 14.95% 11.03% 14.95%
As % of the Job Titles category 15.63% 12.11% 15.34%
Number of daily rates quoted 39 28 30
Watford median daily rate £450 £439 £406
Median daily rate % change year-on-year +2.45% +8.12% -9.72%
10th Percentile £396 £269 £310
90th Percentile £560 £511 £513
Hertfordshire median daily rate £475 £434 £400
% change year-on-year +9.57% +8.38% -11.11%
Number of hourly rates quoted 0 0 0
Watford median hourly rate - - -
Hertfordshire median hourly rate £42.50 £36.50 £25.00
% change year-on-year +16.44% +46.00% -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in Watford. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
Watford
Contract vacancies in Watford with a recognized job title 352 380 313
% of contract IT jobs with a recognized job title 95.65% 91.13% 97.51%
Number of daily rates quoted 226 188 157
Watford median daily rate £425 £400 £340
Median daily rate % change year-on-year +6.25% +17.65% -6.21%
10th Percentile £163 £200 £152
90th Percentile £550 £575 £513
Hertfordshire median daily rate £400 £400 £388
% change year-on-year - +3.23% +3.33%
Number of hourly rates quoted 15 13 11
Watford median hourly rate £17.50 £16.50 £13.50
Median hourly rate % change year-on-year +6.06% +22.22% +2.86%
10th Percentile £12.75 £13.35 £12.00
90th Percentile £50.75 £40.00 £14.75
Hertfordshire median hourly rate £17.35 £16.81 £15.50
% change year-on-year +3.21% +8.42% -8.82%

Project Manager
Job Vacancy Trend in Watford

Job postings that featured Project Manager in the job title as a percentage of all IT jobs advertised in Watford.

Job vacancy trend for Project Manager in Watford

Project Manager
Contractor Daily Rate Trend in Watford

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Project Manager in Watford.

Contractor daily rate trend for Project Manager in Watford

Project Manager
Contractor Daily Rate Histogram in Watford

The daily rate distribution of IT jobs citing Project Manager in Watford over the 6 months to 18 October 2018.

Contractor daily rate histogram for Project Manager in Watford

Project Manager
Contractor Hourly Rate Trend in Watford

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Project Manager in Watford.

Contractor hourly rate trend for Project Manager in Watford

Project Manager Skill Set
Top 30 Co-occurring IT Skills in Watford

For the 6 months to 18 October 2018, Project Manager contract jobs required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Watford region featuring Project Manager in the job title.

1 21 (38.18%) Project Management
2 18 (32.73%) Finance
3 16 (29.09%) Agile Software Development
4 13 (23.64%) Stakeholder Management
5 12 (21.82%) ERP
6 11 (20.00%) PRINCE2
7 10 (18.18%) Microsoft Excel
8 9 (16.36%) Waterfall
9 7 (12.73%) Cognos
9 7 (12.73%) Microsoft
10 6 (10.91%) Greenfield Project
10 6 (10.91%) Hyperion
10 6 (10.91%) Microsoft Office
10 6 (10.91%) SAP
10 6 (10.91%) Migration
10 6 (10.91%) Retail
10 6 (10.91%) Supplier Management
10 6 (10.91%) Microsoft PowerPoint
10 6 (10.91%) Project Governance
10 6 (10.91%) Data Migration
10 6 (10.91%) Degree
10 6 (10.91%) Performance Management
11 5 (9.09%) Kanban
11 5 (9.09%) Stakeholder Engagement
11 5 (9.09%) Service Management
11 5 (9.09%) Scrum
11 5 (9.09%) Service Delivery
11 5 (9.09%) ITIL
11 5 (9.09%) Oracle
11 5 (9.09%) Microsoft Project

Project Manager Skill Set
Co-occurring IT Skills in Watford by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (3.64%) SharePoint
2 1 (1.82%) BizTalk Server
2 1 (1.82%) IBM HTTP Server
2 1 (1.82%) IIS
2 1 (1.82%) MQSeries
2 1 (1.82%) Tomcat
2 1 (1.82%) WebSphere
2 1 (1.82%) WebSphere Application Server
Applications
1 10 (18.18%) Microsoft Excel
2 6 (10.91%) Microsoft Office
2 6 (10.91%) Microsoft PowerPoint
3 5 (9.09%) Microsoft Project
3 5 (9.09%) MS Visio
Business Applications
1 3 (5.45%) SAP ERP
2 1 (1.82%) Dynamics AX
2 1 (1.82%) Dynamics CRM
Cloud Services
1 1 (1.82%) Office 365
Communications & Networking
1 4 (7.27%) Skype
2 1 (1.82%) HTTP
Database & Business Intelligence
1 1 (1.82%) DB2
1 1 (1.82%) Oracle Database
Development Applications
1 2 (3.64%) JIRA
General
1 18 (32.73%) Finance
2 6 (10.91%) Retail
3 4 (7.27%) Manufacturing
3 4 (7.27%) Marketing
4 2 (3.64%) Law
4 2 (3.64%) Pharmaceutical
5 1 (1.82%) Legal
Libraries, Frameworks & Software Standards
1 1 (1.82%) WebSphere MQ
Miscellaneous
1 6 (10.91%) Greenfield Project
2 4 (7.27%) NHS
3 1 (1.82%) Analytical Skills
3 1 (1.82%) Data Centre
3 1 (1.82%) PMI
Operating Systems
1 2 (3.64%) Windows
2 1 (1.82%) AIX
2 1 (1.82%) Linux
2 1 (1.82%) Red Hat Enterprise Linux
2 1 (1.82%) SUSE
2 1 (1.82%) SUSE Linux Enterprise Server
2 1 (1.82%) Unix
2 1 (1.82%) Windows 10
Processes & Methodologies
1 21 (38.18%) Project Management
2 16 (29.09%) Agile Software Development
3 13 (23.64%) Stakeholder Management
4 12 (21.82%) ERP
5 11 (20.00%) PRINCE2
6 9 (16.36%) Waterfall
7 6 (10.91%) Data Migration
7 6 (10.91%) Migration
7 6 (10.91%) Performance Management
7 6 (10.91%) Project Governance
7 6 (10.91%) Supplier Management
8 5 (9.09%) Business Intelligence
8 5 (9.09%) Continuous Improvement
8 5 (9.09%) ITIL
8 5 (9.09%) Kanban
8 5 (9.09%) Scrum
8 5 (9.09%) SDLC
8 5 (9.09%) Service Delivery
8 5 (9.09%) Service Management
8 5 (9.09%) Stakeholder Engagement
Qualifications
1 6 (10.91%) Degree
2 3 (5.45%) SC Cleared
2 3 (5.45%) Security Cleared
3 2 (3.64%) PMI Certification
3 2 (3.64%) PMP
4 1 (1.82%) ITIL Certification
4 1 (1.82%) MAPM
4 1 (1.82%) PRINCE2 Certification
Quality Assurance & Compliance
1 3 (5.45%) Cyber Essentials
1 3 (5.45%) Cyber Essentials PLUS
1 3 (5.45%) ISO/IEC 27001
Vendors
1 7 (12.73%) Cognos
1 7 (12.73%) Microsoft
2 6 (10.91%) Hyperion
2 6 (10.91%) SAP
3 5 (9.09%) Oracle
4 2 (3.64%) Anaplan
4 2 (3.64%) Sony
5 1 (1.82%) Dell
5 1 (1.82%) HP
5 1 (1.82%) IBM
5 1 (1.82%) Informatica
5 1 (1.82%) Red Hat
5 1 (1.82%) Salesforce.com
5 1 (1.82%) Sun