Project manager vs. Product manager is two of the most confusing, but important, positions in a tech company these days. While they may have certain skills in common, such as leadership and time management, they are both two sides of the same coin. Product managerThey are responsible for managing the overall product directions, Staying with it until the product is removed from the market. They must understand the user needs and convert them into a design or MVP and make a development team to build the required product and meet those needs. This includes difficult tasks such as
Product managers are also reliable for the profit and loss function of the product. due to which they align with the marketing, sales, customer success and also supports teams to make sure that they meet the overall business goals in terms of competitive advantage, revenue, and customer satisfaction Project managerThe project manager has to acquire responsibility for the product vision from the product manager, make a product timeline for it, and plan with the development team to hit essential goals and deadlines. Or in other words, the project manager's main objective is to complete the project within the agreed budget, time, and quality and should complete one project at one time. Their goal is mainly divided into three activities 1. Risk and issue management It involves reducing the potential risks which may lead to the delay of the project completion. 2. Planning and resource scheduling The planning process starts with assigning tasks with the starting date and ending date, setting the initial budgets, assigning these tasks to efficient employees, and preparing for the project timeline with the help of specific project management tools like the Gantt chart. 3. Scope management The most difficult of all, it generally requires juggling the time-budget-quality trio to favorably adjust the project scope and put it in line with the original set outcome. For example, if you shorten the project timetable, you'll need more money, which will raise the budget. Alternatively, you will need to change the scope to achieve the agreed-upon quality. The project manager will also collect user specifications, but he or she will have little say in identifying and prioritizing them, as well as assisting the product manager in writing user stories. This assures them that the team's directions are as simple as possible to follow them easily. Is There Any similarity Between Project manager vs. Product manager?Despite what this divisive side-by-side comparison might imply, product management and project management have some overlap in responsibilities. A product manager can be required to dig into the tactical, task-based specifics of a product's creation at times, work that a project manager would otherwise perform. In these cases, a product manager may need to work closely with a project manager, and the two can also share certain task management duties. On the other hand, project managers may move from a strictly tactical to a more strategic position when circumstances need it. The majority of project management skills can be transferred to the broader analytical scope also used by product managers. A project manager with good troubleshooting skills, for example, is essentially a professional problem solver. It's also worth noting that, to succeed in their positions, both product managers and project managers rely on similar soft skills. Listening, communication, coordination, and product evangelism are four important soft skills for product managers, and they all apply to good project managers. Some difference between Project manager vs. Product managerLet's start with the definitions of the terms product and project and see where they differ. A product can range from a physical object to software or a service that meets the needs of a particular group of people. It goes through a life cycle that involves being established and released to the market, increasing in acceptance before it matures, and eventually be withdrawn when it is no longer needed. A project is a one-time activity to improve a product or service. It has a beginning and an end date, as well as a clear result. Initiation, preparation, implementation, monitoring and control, and closure are the five stages that it normally goes through. Now comes the aspect that distinguishes them: the timeline. A commodity, unlike a project, is not a one-time undertaking. A common problem s that may arise if we overall the both activities 1. Decreased focus Brand managers are based on the outside world. Talking to customers, conducting usability tests, shadowing the sales team in customer interactions, and even attending trade shows are all possible everyday activities. Many of these events occur outside of the workplace, making it difficult to keep an internal perspective on the product vision and development team. 2. Insufficient skills When it comes to predicting how long each task will take to complete, product managers may not be technical enough, leaving them at the mercy of developers. 3. Potential bottlenecks To put it another way, a bottleneck in the form of a single individual responsible for the product and project's progress. There are too many odds stacked against a product manager who assumes all of the risks. It would be possible to have someone who wears both hats, like most small businesses, do. It's best to isolate them as the project becomes more complicated, covers a longer timeline, and includes people from multiple departments and geographical areas. By concentrating on the product vision, product managers add value. Meanwhile, project managers oversee project execution to ensure that a high-quality product is delivered on schedule and within budget. ConclusionPutting aside the ambiguity and overlap of expertise, Project manager vs. Product manager are a formidable team. Their differences balance each other and ensure a company's long-term sustainability. If you treat them well, they will take care of your company.
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Many questions are asked to a child when he was young about what he wants to become, and when he grow-ups, the question changed to asking about their desired career paths. People do not always choose their career paths and achieve each of their professional milestones in the same manner. Career routes are usually long and difficult, with multiple exits, twists and turns, and decisions along the way. On the other hand, choosing a career path is an excellent way to begin your career and gain the necessary skills, qualifications, and experience to find rewarding and enjoyable work. To do so, think about your interests, talents, and career aspirations while you make life decisions, including which school to attend, which entry-level work to pursue, or whether to pursue a post-graduate degree or advanced qualification. Definition of career paths The roles you hold as you advance in your profession make up a career line. Your first job or college degree, for example, can signal the start of your professional journey. You can advance or "jump vertically" into more advanced positions as your experience and skills expand. When they specialize or change career directions, some workers "jump laterally" into equal but separate job positions. How to choose a career pathOutline your career goals Begin by asking and answering some questions about yourself before deciding on a career path. Active analysis assists you in narrowing down your options to something more basic. Consider the following questions: What am I looking for in a job? What are my guiding principles? What are my favorite things to do socially and in my spare time? What are my passions? What are my skills and abilities? What are soft skills? If you have any hard skills? Do I want to focus on specific technical skills or take on management responsibilities? You can better study future career paths after you've answered questions like these—and any others that are important to you. It's also necessary to revisit your career goals as you progress personally and professionally to make sure they're still attainable and compatible with your passions. 2. Make a five or 10-year plan. Consider defining career goals until you've narrowed down your choices. Create a list of where other people in your profession are five or ten years into their careers, as well as the work titles they wear. Determine what title or advancements you want at these points in the future. By defining career goals, you can work based on your performance score based on how much progress you are expecting next year. It is very necessary to manage your time to reflect on your goals and careers. 3. Try different coursesCollege is perfect for this because you will never be exposed to such a wide range and scope of experience as you are now. Don't just take classes in your area of expertise; branch out, try new introductory courses, and be willing to fail. You may dislike the course content but enjoy some of the skills you picked up along the way (or vice versa!) 4. Discover your personality type A personality type is a classification of personality characteristics. There are various strategies for determining your personality type, with many of them focusing on your reactions to various circumstances. Different personality types can naturally gravitate toward different interests and strengths, including occupations. Various personality tests include a list of common career opportunities for each personality type. If you take several tests and one or two careers appear on several of them, that profession is worth investigating further. 5. Review your personal experienceYour past job satisfaction can also affect your career choices. Recognize patterns in your previous work, such as a preference for a particular technical skill. Examine your work experience to find places where you feel satisfied. 6. Compare job requirements to your education.Many positions have basic qualification criteria for candidates and new hires, such as a high school diploma, a bachelor's degree, or a master's degree. Some positions often require candidates to have a degree in a field relevant to the position. Examine the educational criteria for the careers you're interested in, apply for positions that accept your current education level or look at getting additional degrees or certifications 7. Hobbies Hobbies are a fantastic way to learn new skills while also discovering new interests. It would be best if you didn't choose a hobby to have one; instead, take something you enjoy doing now and push it forward. Do you enjoy playing video games? Start modding games or building gaming machines. Do you like animals and the outdoors? Learn about the natural chemical processes that help to keep aquatic ecosystems healthy by starting an aquarium. Do you enjoy reading and writing? Start entering contests for essays or short stories. 8. Shadow and find a mentorFinding and maintaining a mentor relationship can be immensely beneficial. Mentorship services are available at most schools and colleges, both in general and for particular classes. Take a look at what the school or college has to offer. If you're not happy, look for someone on your own: People are usually willing to assist others, give guidance, offer advice, and speak about themselves. To get started, all you need is to be polite and curious. Mentorship is also a perfect way to start developing a network. 9. Take note of your interest.You can have interests that lend themselves to various professions depending on your personality. Examine your hobbies, volunteer opportunities, and interests to find out what you want to do. Although this information isn't relevant to your professional life, making a list of events will help you narrow down your career options. For instance, If you enjoy logic puzzles, you might enjoy a career in cybersecurity, or if you enjoy meeting new people, you might enjoy a traveling sales job. Apply for short-term jobs or volunteer opportunities to learn about new career prospects using this experience. This hands-on training helps you to assess your suitability for a particular profession. ConclusionIf you're going to start a starting new career or changing careers, you have the right to choose a direction that matches your interests, ambitions, and personality. This is the best way to get to know yourself better so that deciding on a career path is easy. Viewing your occupation as an expression of your interests is key to understanding how to choose a career.
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May 2022
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