Difference between Project Management and Business Management
1. Project Management :
Project Management, as name suggests, is a management that mainly focuses on management of project and oversee single project at a time until it gets completed.
2. Business Management :
Business Management, as name suggests, is a management that mainly focuses on management of business and oversee all business operation to accomplish business or organization goal.
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Difference between Project Management and Business Management :
Project Management Business Management Its main focus is on management of single projects. Its main focus is on management difference tasks of business. It aims at managing and creating plan simply to achieve goal. It aims at managing and organizing business simply to achieve objectives. It also manages budget, provide valuable resources, etc. It also manages and repair workplace equipment’s, etc. This is a temporary process not permanent and has end date till project gets completed. This is a continuous process and does not have any end date. Project management have a start and end date to complete project and accomplish goal. After than, it just stops till next project is assigned. Business management does not have any end date and goal or objectives might changes. It also focuses on increasing efficiency and productivity. It also focuses on developing long-term and personal relationship. It is a unique process and not-repetitive. It is not a unique process but repetitive. It is a complex process and but it has single and clear objective. It is a simple process and but objective is not clear. In this management, role of manager and team membership is temporary as it is a temporary process. In this management, role of manager and team membership is permanent as it is a permanent process. This management is project oriented as it only focuses on project. This management is related to product and process.