Thread by @Intellipaat

Product Management includes planning, developing, launching, and managing a product or service. Project Management involves processes required to achieve all project goals within the constraints like scope, time, and budget.

Currently, in the US, the demand for other jobs is growing at an avg rate of 6.6%, while the Product Manager role is growing at a whopping 32% rate. PMI expects by 2027, 88 Mn jobs will be added in Project Management-related roles globally.

Essential skills in-demand for Product Managers are communication, analytical, marketing, management skills, technical expertise, BI, and strategic thinking.

The expected skill sets of a Project Manager are communication, negotiation, leadership, critical thinking, problem-solving skills, prioritization, time, and risk management.

Both fields are equally crucial to businesses, and they often work together. Product Managers are strategic thinkers, while Project Managers are doers. Which one will you choose?

Enroll now!

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#intellipaat #businessanalysis #projectmanagement