Skills & Competencies for New Products Project Manager

New Products Project Manager job profile

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JOB SUMMARY for New Products Project Manager

Responsible for the project coordination, planning, and research required for the identification and introduction of new products and business opportunities.

JOB RESPONSIBILITIES for New Products Project Manager

Creates a project structure for stakeholders including timelines, project plans, tasks, team responsibilities, and status reporting. Oversees review of new product concepts and decision making process required for new product introduction and roll out.

New Products Project Manager SALARY RANGE

BASE 50%
$131,588
TOTAL 50%
$141,882
Job Level
P03
Job Code
FA06000477
Education/Degree
Bachelor's Degree
Reports To
Director

New Products Project Manager Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each New Products Project Manager skill and competencie below to view definitions.
INDUSTRY COMPETENCIES JOB FAMILY COMPETENCIES CORE COMPETENCIES
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1 hard skill or competency (industry competency) for New Products Project Manager

1 Industry Competency – New Product Development
Proficiency Level -3
Skill definition-Innovating new ideas and concepts to develop and bring new products to the marketplace.
Level 1 Behaviors
(General Familiarity)
Describes engineering processes used in product development activities.
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Level 2 Behaviors
(Light Experience)
Assists in handling brand maintenance and overseeing new projects.
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Level 3 Behaviors
(Moderate Experience)
Analyzes the test of new physical products to identify possible improvements.
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Level 4 Behaviors
(Extensive Experience)
Creates valuable documents to be used in the concept phase of new product development.
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Level 5 Behaviors
(Mastery)
Advocates for new technologies and methodologies to optimize the product development process.
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3 New Products Project Manager - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - New Products Project Manager
Proficiency Level - 4
5 Competency for - New Products Project Manager
Proficiency Level - 5

9 general skills or competencies (Job family competencies) for New Products Project Manager

1 Job Family Competencies – Brand Management
Proficiency Level -2
Skill definition-Strategizing and evaluating brands in terms of positioning and target customers to ensure products and services highlight the quality of the brand.
Level 1 Behaviors
(General Familiarity)
Describes the concepts and benefits of brand management.
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Level 2 Behaviors
(Light Experience)
Assists in creating brand marketing plans to enhance business value.
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Level 3 Behaviors
(Moderate Experience)
Assures brand compliance to align with the business’ values and quality standards.
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Level 4 Behaviors
(Extensive Experience)
Consults with the management to execute brand portfolio.
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Level 5 Behaviors
(Mastery)
Champions the adoption of advanced brand marketing techniques and methods to ensure growth and sustainability.
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2 Job Family Competencies – Market Research
Proficiency Level -2
Skill definition-Gathering information about a business's potential customers to determine the feasibility of a new product or service.
Level 1 Behaviors
(General Familiarity)
Describes the fundamentals and concepts of market research.
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Level 2 Behaviors
(Light Experience)
Assists in developing short-range market research plans to achieve our stakeholder's project goals.
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Level 3 Behaviors
(Moderate Experience)
Communicates with clients to identify and understand their needs.
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Level 4 Behaviors
(Extensive Experience)
Directs all aspects of market research and analytics methodologies across our business.
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Level 5 Behaviors
(Mastery)
Authorizes and approves business proposals based on presented market research results.
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3 New Products Project Manager - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - New Products Project Manager
Proficiency Level - 4
5 Competency for - New Products Project Manager
Proficiency Level - 5

12 soft skills or competencies (core competencies) for New Products Project Manager

1 Core Competencies – Business Acumen
Proficiency Level -3
Skill definition-Insight into our organization's business, goals, and values. Ability to design and implement initiatives that facilitate successful outcomes.
Level 1 Behaviors
(General Familiarity)
Describes how our business makes money and our key business objectives.
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Level 2 Behaviors
(Light Experience)
Assists in designing business models and operating plans.
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Level 3 Behaviors
(Moderate Experience)
Applies technical expertise, business sense, and product knowledge to manage the product lifecycle effectively.
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Level 4 Behaviors
(Extensive Experience)
Coordinates technical and business teams to solve complex and diverse customer problems.
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Level 5 Behaviors
(Mastery)
Builds strong business partnerships internally and externally to drive "win-win" business successes.
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2 Core Competencies – Budgeting
Proficiency Level -3
Skill definition-Applying specific policies, tools and practices to plan and prepare projected revenues, expenses, cash flows, and capital expenditures.
Level 1 Behaviors
(General Familiarity)
Describes the concepts and principles of budgeting operations.
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Level 2 Behaviors
(Light Experience)
Assists in developing and improving budgeting models, plans, and strategies.
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Level 3 Behaviors
(Moderate Experience)
Compares planned budgets vs. actual expenditures, identifies, reports, and explains variances.
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Level 4 Behaviors
(Extensive Experience)
Determines system capabilities and needs to improve the process for financial budgeting.
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Level 5 Behaviors
(Mastery)
Adapts relevant industry trends on techniques in financial budgeting in our organization.
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3 New Products Project Manager - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - New Products Project Manager
Proficiency Level - 4
5 Competency for - New Products Project Manager
Proficiency Level - 5

Summary of New Products Project Manager skills and competencies

There are 1 hard skills for New Products Project Manager, New Product Development.
9 general skills for New Products Project Manager, Brand Management, Market Research, Marketing Channels, etc.
12 soft skills for New Products Project Manager, Business Acumen, Budgeting, Project Administration, etc.
While the list totals 22 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a New Products Project Manager, he or she needs to be skilled in Business Acumen, be skilled in Budgeting, and be proficient in Project Administration.

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