Responsibilities

• Project analysts report on the progress of the projectJupiterimages/Goodshoot/Getty Images
  
  The individual responsibilities of a project analyst will vary from job to job, though there are some standard duties that can be expected. Above all, a project analyst is responsible for keeping the project on track, within budget and within compliance of its requirements. The analyst may be responsible for preparing and presenting reports on the project for upper management, including expense reports and project tracking. The analyst will also track and report on progress of the project and the project team. The project analyst may also be responsible for project scheduling and timetables and overall management of the timeliness of the project.
  
  

Requirements

• A project analyst needs to be aware and knowledgeable of all phases and aspects of the project at hand, and in project development in general. A strong technical knowledge may be called upon. An analyst must be competent in a number of computer programs, including Microsoft Office, Microsoft Project and Excel. Excellent organizational and leadership skills are necessary for most analyst positions, as well as an ability to foster communication among team members. An analyst should be an innovator with creative and strategic thinking skills, and have the ability to systematically analyze situations.
  
  

Education

• Educational requirements of a project analyst will depend on the individual company. At minimum, a bachelor's degree will be required, typically in business. A business management or business administration degree may be required, or a master's degree in business. A certification as a Project Management Professional may be helpful as well. There are companies that will support the education of their analysts, allowing them to seek further degrees while on the job.
  
  

Salary

• The salary of a project analyst may have a wide range, and it is often a growth position. According to Indeed.com, project analyst positions according to job postings have been paying 10 percent higher than the national average of all other jobs, as of July 2011. As of 2011 the average project analyst earned $81,000 a year, although starting salaries may be closer to $50,000. Analyst jobs range over a wide array of career fields, including government, military and private sector corporations.