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Product Management vs Project Management

July 29, 2019

Product Management vs Project Management

This seminar focus on the difference between the Project Manager Roles and Product Manager Roles in a organisation that offers Product and Services. We will be able to learn the different tasks and responsibility as well as the different Frameworks that is related to the Project and Product Management

Product management and project management—they sound similar, and there’s (literally) only two letters that separate them. To top it off, these two concepts are commonly confused with each other, even by people experienced in product development!

While they do sound similar, and there is a bit of an overlap between the two concepts, there are important differences.

A successful Product Manager understands that without the proper project management, product development will hit a snag. They’re able to work closely with a Project Manager to create a successful product.

Product management and project management are complementary but distinct. To understand this distinction, let’s define the words Product and Project.

A Project is a temporary endeavor undertaken to create a unique product or service. There is a clear definition of what needs to be delivered the date when it needs to be delivered.

A Product is anything that can be offered to a market to solve a problem or satisfy a want or need. It has a life cycle with multiple stages. A product is conceived, developed, introduced and managed in the market, and retired when the need for it diminishes. A product can only be developed within the context of a project, and multiple projects can occur within a product’s life cycle.

About the Speaker – Stanley Ng

Current Position: SVP of Concorde Security, AIPMM Certified Trainer, Progreso Training, Digital Marketing Consultant, EPM

Current Specialization: CPM, CPMM, CPIPM, ASK Method Associate

More than 25 years experience in Strategic planning, innovation, product management and business management.

Previously Genting, Microsoft, HP and several start-ups. His career experience includes senior management positions with P&L responsibilities, portfolio management, product and business management.

Mr. Ng has a BBA in Management Information Systems, ASK Method Associate, member and certified trainer of Association of International Product Marketing and Management (AIPMM), project management professional (PMP) by Project Management Institute, certified intellectual asset manager, and certified trainer, assessor, curriculum developer and adult educator for Singapore Workforce Skills Qualification.


July 29, 2019