Employers seek leaders who can analyze problems, optimize resources and deliver measurable results. This is where project management and operations research intersect, combining structured execution with advanced analytics to solve complex challenges and drive more intelligent decisions.
The online Master of Science (M.S.) in Project Management with a concentration in Operations Research program from Florida Institute of Technology equips graduates with this exact skill set. Aligned with Project Management Institute (PMI) standards, the program prepares professionals to manage large-scale projects while applying data-informed solutions that improve performance, reduce risk and increase organizational value.
What Is Operations Research?
Operations research is a subfield of applied mathematics that helps organizations make better decisions using structured analytical techniques. According to Indeed, the process begins with problem identification and data gathering, followed by model construction and solution testing. This evidence-based approach reduces uncertainty and supports long-term strategy.
This analytical backbone is especially valuable in project environments where planning, resource management and risk assessment must all work together seamlessly. By combining operations research with project management, professionals are equipped to lead efficient and data-driven initiatives.
Project Management and Operations Research: A Powerful Combination
PMI defines project management as a structured approach to leading short-term initiatives that result in a unique product, service or outcome. These projects follow a life cycle that typically includes planning, execution, testing, deployment and closeout, providing a framework that helps organizations meet specific goals efficiently.
Operations research enhances this framework by applying mathematical modeling and analytical techniques to complex problems. The operations research process involves identifying business challenges, incorporating data, constructing models and testing potential solutions before implementation. This approach helps reduce uncertainty and improve decision-making by aligning strategy with measurable outcomes. When combined, project management and operations research allow professionals to lead effectively and deliver value through data-informed strategies.
Top 5 Job Options With a Project Management Degree in Operations Research
An advanced project management degree in operations research leads to high-impact roles across industries. The following list explores five top career options available to graduates of Florida Tech’s online M.S. in project management – operations research program. Salary information is current as of April 2025, but actual salaries may vary depending on factors such as work experience and job location:
Project Manager
Project managers oversee the entire project life cycle, from defining scope and timelines to managing budgets and coordinating teams. PMI emphasizes that these professionals play a central role in translating strategy into execution.
Project managers earn about $82,795 annually on average, according to Indeed. Those who pursue advanced roles, such as senior project manager, can expect average salaries around $108,861 annually, and specialization can also increase earning potential.
Project Management Specialist
These specialists focus on developing the systems and processes that support effective project delivery. Additional responsibilities include resource planning and vendor coordination. The U.S. Bureau of Labor Statistics (BLS) lists $100,750 as the median annual salary for project management specialists. The role is well suited for professionals who thrive on organization and analysis.
Information Technology (IT) Project Manager
IT project managers oversee initiatives related to systems upgrades, software rollouts and network infrastructure. They must align business objectives with technical execution while managing timelines and risks. Indeed lists a typical hourly rate for IT project managers around $61, with some earning as much as $200 per hour. ZipRecruiter reports an average annual salary of $113,676, or $55 per hour. The problem-solving skills developed through operations research are especially valuable in this technology-driven role.
Construction Manager
Construction managers coordinate all phases of building projects, including budgeting, staffing, permitting and compliance with safety codes. BLS reports a median annual salary of $106,980 for professionals in this field. Operations research methods such as scheduling optimization and risk modeling are particularly relevant for keeping large-scale projects on track.
Supply Chain Manager
Supply chain managers ensure efficient sourcing, production and distribution of goods. They use logistics data to manage inventory, negotiate with suppliers and optimize delivery systems.
Indeed lists the average salary for this role at $100,437 annually. Operations research skills are critical for managing complex systems and improving overall supply chain performance.
Preparing for Strategic Leadership With a Project Management – Operations Research Degree
Florida Tech’s M.S. in project management – operations research online program combines project leadership with advanced analytical training. Courses such as Strategic Project Management, Decision Analysis and Operations Research Practice equip students to manage complex initiatives with precision and clarity.
Aligned with PMI standards, the program prepares graduates for real-world application of best practices. Whether optimizing logistics or leading digital transformation, students graduate ready to make informed decisions, drive efficiency and lead confidently in dynamic environments.
Learn more about Florida Tech’s online Master of Science in Project Management with a concentration in Operations Research program.