1. Project Management :
Project management, as name suggest, is simply management that focuses on management and applying knowledge of processes, tools, skills, and techniques to tasks of project for successful development of project.
2. Day to Day Management :
Day to Day management, as name suggests, is simply management that focuses on day-to-day activities performed on daily basis for increasing value of business as well as profit.
Difference between Project Management and Day to Day Management :
|Project Management||Day to Day Management|
|It mainly focuses on management and successful completion of project.||It mainly focuses on management of day-to-day operations.|
|It is a one time activity i.e., temporary management process.||It is a permanent management process i.e., an ongoing process.|
|Project manager have more responsibilities than product manager.||Day to Day manager have less responsibilities than project manager.|
|Factors affecting project management suppliers, project manager, procurement issues, timing issues, improper risk management, etc.||Factors affecting product management includes marketing conditions, economic culture, organizational culture, day to day manager, changing needs, cost and resources, etc.|
|Process of this management includes starting project, planning, designing, performing, checking and controlling, and then finally terminating project.||Process of this management supervision, overseeing and management of day-to-day operations of business or company.|
|Its benefits include set scope, improves growth, development within team members, increase customer satisfaction, etc.||Its benefits include increase profit, increase intrinsic value, reduce risk, improve performance, reduce stress, etc.|
|Its main objective is to identify what project is supposed to deliver and then working on it to achieve desired result.||Its main objectives is to gain sufficient amount of income or savings from its daily operations and increase value of business.|
|Project management is more difficult than event management.||Day to Day management is less difficult than project management.|
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