| Ha, what's the difference between a project manager and a product manager? Two letters and about $50k-100k. I've done both and it ends up being project management with a few extra steps. The extra steps being, "focusing on the market, solving customer problems, and being strategic. You'll hear the classic adage of, ” well project managers deal with the how to execute and product managers deal with the what to execute" but the reality is over most orgs Ive been in, they're really just project managers who also have (something) of strategic vision aligned with the marketplace. Don't tell product managers this because they'll get butt hurt and telling you how they aren't. |
I’ve also found that in addition to the Project Manager turned Product Manager, there are plenty of Product Managers forced to be Project Managers and it goes poorly unless a Development Manager is willing to carry that.
The ultimate problem is that Project Management doesn’t go away just because a company eliminates the role. The same is true for Product Management. If you’re ok with your developers or someone else doing the work, and it is fruitful, great. For about a decade I tried as hard as I could to get one of the limited Product Managers for the products I worked on to very little avail. As a result I had to guess about price increases and other functions that I, someone with 70% of a CS degree and some extension courses in business topics, have to learn on the fly each time I face the challenge. I was successful but I am sure a real Product Manager would have done a better job.
The companies I’ve worked for typically have a cynical view of dedicated Project Managers but I appreciate that this is a specific skill for similar reasons to my Development Manager forced to be a Product Manager experience.