What does a Project Analyst do?
A project analyst is responsible for the management and development of new projects once data collection, research and analysis are executed. Duties include active research to design new projects and to prepare and present new ideas to improve current processes which impact the business. Information collection is also a part of the job with the need to analyze statistical data, market trends and legislation relevant to projects. Depending on the industry and company, a project analyst may progress into a managerial or executive role.
A bachelor's degree in business or a related field is often required to be a project analyst with some companies expressing a preference to those holding a master's degree. Prior experience of at least two years in the industry as a project analyst is also often required as well. Strong analytical and problem-solving skills are necessary to succeed in this position with many good candidates also possessing excellent research and presentation skills.
- Develop project strategy plans based on logical framework approaches
- Maintain project timeframes, objectives and communications
- Create and manage documentation and reports for projects
- Identify the goals and requirements of each project
- Verify data and information and analyze it to suit the direction of a project
- Track, forecast and report on project progress including metrics and challenges
- Collect the necessary information required to start projects
- Maintain current knowledge on the legislation applicable to each project
- Prior experience as a project analyst in a related field required
- Strong understanding in project management and data analysis
- Proficient in computer technology and Microsoft Office applications
- Working knowledge of applicable laws and standards in the industry
- Excellent verbal and written communication skills
- Strong analytical and problem-solving abilities
- Exceptional research and reporting skills
- Flexible to work long hours as required to meet project deadlines
- Able to sit in front of a computer for long hours at a time
Project Analyst Salaries near United Kingdom
Average Base Pay
Project Analyst Career Path
Learn how to become a Project Analyst, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Years of Experience Distribution
Project Analyst Insights
“Work life balance is moderate and depends on client handling skills so don't have any cons.”
Fenetech“Opportunities to grow as both an individual both on a career level and a personal level.”
Aviation Systems Engineering“I am able to best support my customers because I know I have a great team and company working with me!”
Citi“Not commission or bonus pay for delivering projects so there is no real incentive besides keeping your job.”
Turner and Townsend“T&T's Graduate Development Program is a great way to start your career in real estate.”
Cognizant“I worked with really good and genuine people Juniors/Seniors/Client.”
UPMC“Highly bureaucratic; base pay is not competitive; career paths are well established but not well understood”
Cognizant Technology Solutions“Good work life balance and peaceful.”
Frequently asked questions about the role and responsibilities of a Project Analyst
- Technical Project Manager
- Project Coordinator
- Project Manager
- Scrum Master
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