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Difference between Project Management and Functional Management

Last Updated : 13 Mar, 2024
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In this article, we are going to discuss the difference between Project Management and Functional Management.

1. Project Management :

Project management, as the name suggests, is simply management that focuses on management, planning and organizing a project from the initiation of the problem till the closing of the project on a given deadline.

2. Functional Management :

Functional Management, as the name suggests, is simply organizational management that focuses on the management of people, technical, financial as well as other resources to achieve goals and objectives.

Difference between Project Management and Functional Management :

Project Management Functional Management
It mainly focuses on the management of the project to achieve the main objective. It mainly focuses on the management of daily routine activities of the organization.
It is a temporary process i.e. terminated once the objective is achieved. It is a permanent management process.
Project managers have fewer responsibilities than functional managers. Functional managers have more responsibilities than project managers.
Factors affecting project management include project manager, unavailability of intelligent people, narrow planning, etc. Factors affecting functional management include the unavailability of trained and skilled employees, financial issues, etc.
Its benefits include increased productivity, saving time and cost, increased customer satisfaction, improved processing, etc. Its benefits include increased sales, effective use of applications, improved working skills of employees, increased work efficiency, etc.
Its main objective is to develop the end product and ensure the project is completed within a given period. Its main objectives are to maintain and control resources of projects within an organization like financial backing, skilled employees, production, sales, marketing, etc.
Project management is more difficult than stakeholder management. Functional Management is less difficult than project management.
It is one-time activity that should be completed in a given period. It is an ongoing process i.e. repetitive process.
It does not manage its resources. It manages people, budgets and resources.

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