Product management is focused on aligning the product with customer needs, business goals, and market opportunities, emphasizing long-term value and overall business vision.
Product managers balance innovation with market needs, understand trends, and adapt based on customer feedback to ensure the product thrives in the competitive market.
On the other hand, project management is about the tactical aspects of delivery, ensuring things happen on time and within scope, managing timelines, and overseeing progress to meet project goals.
At thoughtbot, project management is a shared responsibility among designers, developers, and product managers, fostering collaboration, alignment, and shared ownership of the vision and delivery process for building great products.