Hi Artur, in my world the product manager is a department called product management or product strategy. They prepare the business case for a product development or a product upgrade. They go for approval of typically multimillion projects. At the approval a project manger, a budget, a timeline and product performance parameters are set. Now the responsibility is handed over to the project manager who has to deliver. After the launch of the product the responsibility switches back to product management who has to ensure with sales, that the projected profitability materializes in reality. This switch of responsibility is frequently debated, but since totally different competences are need for product planning and project management, there has been no better idea so far.
It's seems a very business orientated approach to Product/Project management. Is an interesting approach to have a switch between responsibilities depending the product phase.
In your opinion and based on your experience, what are the pros and cons of that type of setup?
Hi Artur, in my world the product manager is a department called product management or product strategy. They prepare the business case for a product development or a product upgrade. They go for approval of typically multimillion projects. At the approval a project manger, a budget, a timeline and product performance parameters are set. Now the responsibility is handed over to the project manager who has to deliver. After the launch of the product the responsibility switches back to product management who has to ensure with sales, that the projected profitability materializes in reality. This switch of responsibility is frequently debated, but since totally different competences are need for product planning and project management, there has been no better idea so far.
It's seems a very business orientated approach to Product/Project management. Is an interesting approach to have a switch between responsibilities depending the product phase.
In your opinion and based on your experience, what are the pros and cons of that type of setup?