Are Project Management jobs first to go during recession ?

There is no end to the discussion but it is an absolute reality that Project Management is far more stable profession than most other profession.

With more & more number of Big / Mega Projects coming up, new avenues & new ventures  opening up (like in Infrastructure i.e Power Sector etc), scarcity of Project Staff is being felt in the industry. Even in recession, major projects may take a back seat & the pace may be slow, but even than every organization will have to retain those persons (Project staff) who are the in and out of the project.

Its also a fact that no profession is untouched with the recession, but there is no garce for non-performing staff. And you cannot label the entire profession as unstable for those few ones.

You have to give in your best & the best will be with you. Its a fact, enjoy the spirit & work with it..

PM Jobs simply cannot be redundant as if they are there in an organization then they definitely are serving a purpose. If its recession and less work coming by or more work with less people to be done,who do we think would be needed to make that a success? A PM ofcourse as if there aren't any then you are looking at a deeper recession.

Sure,a PM job is safe or unsafe as any other job during recession but to pinpoint that a PM job is the first on the chopping block is surely a misplaced perspective and grossly incorrect.

Purneet you are correct. If I may add the majority of project staff are hired on contracts which has terms and condition and recession is definitely not included there. Before a project comes on stream there must be a workplan and a budget which has to be approved meaning the funds are available. So if every project has a cost with certain deliverables to be met so how will this be affected by recession. This includes the manpower to complete the project on time. 

I agree that if a project staff is not performing he/she will have to go recession or not. However, because a project comprises a special team that person will be replaced.  

Mr. Shenoy can you throw some light why you think bad Project Management on a larger sense around the world in financial domain is a major reason for this recession. Can you give examples of any project to date whether in India or globally.

Bad Project Management on a larger sense around the world in financial domain is a Major Reason for this recession..

Hence depletion of Project Management Field as such or reduction in Project management Jobs will further support RECESSION and not combat RECESSION...