Budgeting and Resource Allocation Contracts

Budgeting and Resource Allocation
UK

The following table provides summary statistics for contract job vacancies with a requirement for Budgeting and Resource Allocation skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Budgeting and Resource Allocation over the 6 months to 22 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
22 May 2024
Same period 2023 Same period 2022
Rank 554 654 816
Rank change year-on-year +100 +162 -195
Contract jobs citing Budgeting and Resource Allocation 24 28 34
As % of all contract jobs advertised in the UK 0.057% 0.049% 0.039%
As % of the Processes & Methodologies category 0.066% 0.055% 0.043%
Number of daily rates quoted 17 25 29
10th Percentile £343 £410 £328
25th Percentile £413 £500 £413
Median daily rate (50th Percentile) £475 £550 £525
Median % change year-on-year -13.64% +4.76% +119.21%
75th Percentile £563 £650 £738
90th Percentile £745 £700 £765
UK excluding London median daily rate £425 £550 £450
% change year-on-year -22.73% +22.22% +87.89%

All Process and Methodology Skills
UK

Budgeting and Resource Allocation is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 36,498 50,798 79,386
As % of all contract IT jobs advertised in the UK 86.03% 89.72% 90.62%
Number of daily rates quoted 23,542 35,172 55,718
10th Percentile £300 £325 £345
25th Percentile £413 £438 £431
Median daily rate (50th Percentile) £525 £550 £533
Median % change year-on-year -4.55% +3.29% +7.58%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £482
% change year-on-year - +3.73% +9.55%
Number of hourly rates quoted 2,447 1,685 1,905
10th Percentile £12.75 £10.63 £12.50
25th Percentile £15.97 £15.99 £15.53
Median hourly rate £36.05 £37.00 £25.68
Median % change year-on-year -2.58% +44.08% +7.00%
75th Percentile £60.00 £65.00 £49.52
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £38.00 £35.00 £20.00
% change year-on-year +8.57% +75.00% -5.88%

Budgeting and Resource Allocation
Job Vacancy Trend

Job postings citing Budgeting and Resource Allocation as a proportion of all IT jobs advertised.

Job vacancy trend for Budgeting and Resource Allocation in the UK

Budgeting and Resource Allocation
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Budgeting and Resource Allocation.

Daily rate trend for Budgeting and Resource Allocation in the UK

Budgeting and Resource Allocation
Daily Rate Histogram

Daily rate distribution for jobs citing Budgeting and Resource Allocation over the 6 months to 22 May 2024.

Daily rate histogram for Budgeting and Resource Allocation in the UK

Budgeting and Resource Allocation
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Budgeting and Resource Allocation.

Hourly rate trend for Budgeting and Resource Allocation in the UK

Budgeting and Resource Allocation
Top 10 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Budgeting and Resource Allocation within the UK over the 6 months to 22 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +111 20 £500 -9.09% 33
UK excluding London +53 11 £425 -22.73% 26
London +91 10 £550 -15.38% 12
Work from Home +119 8 £488 +5.41% 11
South East +19 7 £360 -48.57% 4
West Midlands - 2 £500 - 5
Midlands - 2 £500 - 7
Scotland +39 1 £475 - 2
North of England +29 1 £425 -19.05% 6
North West +15 1 £425 -19.05% 2

Budgeting and Resource Allocation
Co-occurring Skills and Capabilities by Category

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

Applications
1 2 (8.33%) Microsoft Project
2 1 (4.17%) Microsoft Excel
Cloud Services
1 3 (12.50%) WhatsApp
2 2 (8.33%) Azure
3 1 (4.17%) SaaS
Communications & Networking
1 1 (4.17%) Network Security
General
1 9 (37.50%) Social Skills
2 8 (33.33%) Finance
3 3 (12.50%) Public Sector
4 2 (8.33%) Law
4 2 (8.33%) Local Government
5 1 (4.17%) Influencing Skills
5 1 (4.17%) Organisational Skills
5 1 (4.17%) Presentation Skills
Job Titles
1 17 (70.83%) Project Manager
2 6 (25.00%) IT Manager
2 6 (25.00%) IT Project Manager
3 2 (8.33%) Lead
3 2 (8.33%) PMO Lead
3 2 (8.33%) Programme Manager
3 2 (8.33%) SC Cleared Project Manager
4 1 (4.17%) Analyst
4 1 (4.17%) Cybersecurity Manager
4 1 (4.17%) Delivery Manager
4 1 (4.17%) Deployment Manager
4 1 (4.17%) Operations Manager
4 1 (4.17%) Programme Delivery Manager
4 1 (4.17%) Project Manager - Cybersecurity
4 1 (4.17%) Senior
4 1 (4.17%) Senior Manager
4 1 (4.17%) Senior Project Manager
4 1 (4.17%) Service Manager
4 1 (4.17%) Technical Manager
4 1 (4.17%) Technical Project Manager
Miscellaneous
1 1 (4.17%) Cyber Security Posture
1 1 (4.17%) Data Centre
1 1 (4.17%) Management Information System
1 1 (4.17%) Security Posture
1 1 (4.17%) Virtual Team
Operating Systems
1 1 (4.17%) Windows
Processes & Methodologies
1 24 (100.00%) Resource Allocation
2 15 (62.50%) Project Management
3 11 (45.83%) Risk Management
3 11 (45.83%) Stakeholder Management
4 8 (33.33%) Budgeting
4 8 (33.33%) PRINCE2
4 8 (33.33%) Project Planning
5 7 (29.17%) Change Management
6 6 (25.00%) Budget Management
7 5 (20.83%) Continuous Improvement
7 5 (20.83%) Project Delivery
8 4 (16.67%) Agile
8 4 (16.67%) Problem-Solving
8 4 (16.67%) Resource Management
9 3 (12.50%) Coaching
9 3 (12.50%) ITIL
9 3 (12.50%) Matrix Management
9 3 (12.50%) Stakeholder Engagement
10 2 (8.33%) Cybersecurity
10 2 (8.33%) Mentoring
Qualifications
1 4 (16.67%) PRINCE2 Certification
2 3 (12.50%) SC Cleared
2 3 (12.50%) Security Cleared
3 1 (4.17%) PMI Certification
3 1 (4.17%) PMP
Quality Assurance & Compliance
1 4 (16.67%) QA
2 2 (8.33%) PMO
3 1 (4.17%) COBIT
3 1 (4.17%) ISO/IEC 27001
3 1 (4.17%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
3 1 (4.17%) SLA
System Software
1 1 (4.17%) Active Directory
Vendors
1 6 (25.00%) Microsoft