Who are project management consultants?

A project management consultant provides expert project management advice to external businesses. A company may hire a project management consultant if it lacks project management expertise or needs project management advice from an external, impartial party.

How much do project management consultants charge in India?

What is known, though, is that rates can differ widely, from a monthly rate of INR 24,000 for an interim consultant working on an operational level to INR 1,80,000 or more per month for a consultant from a leading strategy consulting firm.

Which is best PMC in India?

The Best Project Management Consultant (PMC) Companies In India

  • A.N. Prakash Management Consultancy.
  • ACR Project Consultants Pvt.Ltd.
  • ADROIT PMC – PROJECT MANAGEMENT CONSULTANTS.
  • Agre India Engineering Consultancy.
  • Aka Consultants India Private Limited.
  • AMs Project Consultants.
  • ARKA IPMS.
  • Benchmark Consultants.

What is PMC project management consultant?

A Project Management Consultant (PMC) is a professional organisation of the project management who provides services on behalf of the owner in the large complex multi-unit projects or series of projects, and assists the owner in minimising costs, maximising return on investment and timely completion of the project or …

What do project consultant do?

Project consultants contribute their operational, strategic, or technical expertise to projects. They collaborate with clients to determine project parameters, develop project plans in line with business objectives, and assign project tasks and resources.

Can project managers become consultants?

To be a project management consultant, expertise in project management is required as well as recognition for having that expertise. Expertise in project management can be achieved through education and training, credentials, and specialization in tools and techniques.

How does McKinsey charge?

Hiring McKinsey is a famously expensive proposition, even when compared with its leading competitors. A single junior consultant — typically a recent college or business school graduate — runs clients $67,500 per week, or $3.5 million annually. For $160,000 per week, you get two consultants, the second one mid-level.

How much does Deloitte charge?

The big four — Deloitte, PwC, EY and KPMG — that charge anywhere from Rs 1,000 per hour for auditing to Rs 12,000 for advisory work have seen these getting slashed by about 20-25% per hour, they said. “In some of the technology implementation, tax compliance and consulting work-…

What is the difference between EPC and PMC?

An EPC contractor performs the engineering, procurement and construction scope(s) for a project, i.e. the EPC executes the actual work. On the other hand, a Project Management Contractor (PMC) manages a project or part of a project on behalf of the project owner.

How can I start a project management consultancy in India?

7 Steps to Success as a PM Consultant:

  1. Step 1: Pinpoint your strengths.
  2. Step 2: Figure out how to market yourself.
  3. Step 3: Keep building your network.
  4. Step 4: Lay the groundwork for your business.
  5. Step 5: Create a financial lifeline.
  6. Step 6: Nail down the logistics.
  7. Step 7: Take care of yourself!

What is the difference between PMC and PMO?

PMO serves the client externally and serves all the technical teams internally, while PMC and technical teams operate with Contractor, Supervision Consultant and third party vendors. Leadership and team management comes in the very early stages.