What is Product Management?

What is Product Development?

Product development is a process of developing new product or service to market, from idea generation to launch. It constitute various activities, market research, product design, development, testing and launch. The primary objective of the is to create a product that meets customer needs and business objective....

What is Product Management?

Product Management is a role in an organization that is looks after the overall product success. It constitute complete process from idea generation to final product launch and feedback analysis. The prime goal is to manage the complete product lifecycle ensure the product meets all the requirement and delivery is on time....

Product Development vs Product Management

Here are the following differences between product development and product management:...

Conclusion

Now we know about the that product management and product development are two distinct but complementary profession that are essential for delivering a successful product to the market. Product development is focused on creation of product while product management is focused on planning, execution, launch and post launch tasks. Both profession require a deep understanding of the market, the customer, and the product itself....

Frequently Asked Questions on Product Development Vs Product Management – FAQs

What is the difference between product manager and product development engineer?...