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Project Management ++

 

Product management vs. Project management

Created by : Jitena Kumar Rawat, Senior Consultant, GKC  | 08 28 2008 20:55:03 +0000
Industry : Management & Strategy ConsultingFunctional Area : Product Development(Operations)
Keywords : Project Management Product Management
Activity:  872 views;  last activity : 07 06 2010 20:18:09 +0000
Lets distinguish between these 2 terms which almost will sound the same to most of us. Lets see the difference in them.
  
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Product Management Vs Project Mangement
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The question is not comparison between these two managements as both of them has got equal importance.Production manger has got full responsibilities of the quality and quantitative data of the product.As 100% quality of the product will only decide the image of the company, while timely despatch of the product is also a question of reputation for the company too.So responsibility of the product management has got a huge importance in its field.
By BEENA AGARWAL, Head/VP/GM-Corporate Planning/Strategy, ANADI HI TECH AGRO PVT LTD  04 09 2009 16:31:19 +0000
 
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The responsibility of the project manager is also got prime importance.Right from feasibility of the project,fund aquirement,distribution of fund,procurement of raw material,to check up market and market demand,supply and depatch to the consumer and also financial responsibilities....all are responsibilities of the project manager.Without project manager no company can survive.so,importance of project manger is also prime and important too.
By BEENA AGARWAL, Head/VP/GM-Corporate Planning/Strategy, ANADI HI TECH AGRO PVT LTD  04 09 2009 16:36:06 +0000
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i m agree wd ur opinion
By AJAY PRAKASH KOTIYAL, MBA student, Institute of cooperative management, dehradun  | 10 01 2009 07:05:42 +0000
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project management is a critical sub-set of product management

what can you project manage when there is no outcome (i.e. product / service)


By Sanjay Chaudhary, Former GM-Global Business, Reliance Communications Limited  | 08 02 2009 09:35:45 +0000
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This is basically a function of topmost personallity of a company. It is the decision which decide the existance of the organisation as the sucess of the product will keep the organisation moving. Also the product need to be seen its for its survival and a timely scrutiny necessary for its modication or change it top other product. Product management needs a constant scrutiny from the topline managenent with due support to the personolities working on the product.
By prabhakar anvekar, consultant krishna consultancy  | 05 27 2009 04:45:57 +0000
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I think ,Product managers are responsible for the overall and ongoing success of a product. Once the project to build the product is complete and the project manager has moved on, the product manager remains to manage the product through the entire lifecycle. Other projects related to the product may be initiated, with the product manager being the one constant stream throughout, defining the project goals and guiding the team to accomplish the business objectives that have been defined.
By Jitena Kumar Rawat, Senior Consultant, GKC  | 08 28 2008 20:55:03 +0000
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According to my view ,Project managers are responsible for the successful delivery of a project — a one-time endeavor with a goal, scope, deadline, budget, and other constraints. A project manager will work to align resources, manage issues and risks, and basically coordinate all of the various elements necessary to complete the project.
By Dayanand Deshpande, Senior Consultant, Ernst & Young  | 08 28 2008 21:00:51 +0000
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