Differences Between Project Management and Product Management
Hector Del Castillo, CPM, CPMM
PMIWDC Non-Member Rate
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11898 Market Street
Reston, VA, 20130
PMIWDC Members $30 Non-Members: $30 *Lunch will be served
This session will focus on discussing the challenge of working in organizations that do not understand the difference between project management and product management. The two roles often appear to be at odds with each other. A product manager may want to add features to meet customer needs while the project manager may want to limit the scope to ensure the project is delivered on time and under budget. Hector will discuss the major differences in the two roles and how they work together within organizations to transform product innovation to profit. Despite the similar names, there are big differences between product management and project management. The confusion between the two roles is common and potentially harmful to organizations who do not acknowledge the distinction. This is often the case for companies that develop web-based and technology products. A common challenge is that the two roles often appear to be at odds with each other. A product manager may want to add a lot of features to meet customer needs, but the project manager may want to limit the scope so that the project is delivered on time and under budget. Often traditional definitions mischaracterize the project manager as singularly focused on getting the product release finished on time and under budget without any concern as to whether it meets the needs of the market or customers. A mapping comparing the Product Management Framework and the PMBOK will be presented. We will discuss the major differences in the two roles and how they work together within companies that have the organizational discipline to transform product innovation to profit.
About the Speaker
Hector Del Castillo, CPM, CPMM
Hector is a product executive with over 15 years of experience working for digital companies around the world. He loves working with people who want to make a massive positive impact in the world. This is why he works with executives, visionaries, innovators, futurists and entrepreneurs who want to build great products and companies that change the world.
As Chief Product Officer of Byond, he performs research to deliver actionable intelligence to mid-market executives, business owners and founders who want to achieve massive business growth by guiding mergers, acquisitions and joint ventures.
As a product executive, he helps technology and software companies grow high performing product teams and help them adopt leading methods and tools to achieve smarter product outcomes. He has launched over 30 global products resulting in over $250M in sales revenue. He has led product teams, guided decisions about product investments, and created new revenue streams resulting in over 26% increase in profitability. He’s passionate about leading, training, and coaching and want to bring my expertise to a technology or software company that is funded for growth.
As a speaker, he guides executives, visionaries, innovators, futurists and entrepreneurs to grow their business by growing high performing teams and help them adopt leading methodologies and tools to achieve smarter product outcomes.
If you are looking for an engaging speaker and topic for your next group meeting, set up an appointment with Hector to discuss your specific needs and identify a suitable topic to inspire your team.
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About the Reston Local Community
Each month, PMIWDC Reston Local Community volunteers strive to bring you interesting and informative speakers from a wide range of professions. They present these speakers to you at the Leidos building or other organization located at Reston Town center. This is an opportunity to network with other professionals of the PMI. The conference center at Leidos offers a maximum seating of approximately 30 guests. Pre-registration is required. Luncheons are held every third Wednesday of the month. If you are interested in presenting please contact the PMIWDC Staff who can put you in touch with the Luncheon Committee Volunteers. List of past events can be viewed below. Please follow PM Reston on facebook.