These three roles get thrown around a lot—often incorrectly.
🔍 Project Manager:
🔍 Product Owner (in Agile):
🔍 Product Manager:
💡 A Product Manager often needs to have the skills of a Product Owner (especially in Agile teams). They need to know how to prioritize a backlog, communicate with developers, and make decisions that affect delivery.
💡 But they also need a strategic mindset, ensuring what the team builds aligns with the company’s broader goals.
💡 While they might take on some project management tasks (keeping things on track), a Project Manager’s role is about execution and organization, not defining product strategy or customer outcomes. And no, a Product Manager doesn't need the same certifications that Project Managers often have.
I have actually worked with teams that have had all three– some where that made sense and worked well, and others where they probably could have consolidated the roles because demand for certain functions wasn't high enough.
Confusing these roles leads to misaligned expectations, overloaded Product Managers, and reduced team effectiveness. Understanding the differences helps teams focus on what really matters—creating value, not just delivering outputs.
If you need someone to focus on outputs and the nature of the work won't change much over time, maybe you need more of a project manager or product owner.
I have seen so many Product Managers struggle because they previously held a Product Owner or Project Manager role, and either they or the hiring manager thought those roles were equivalent. It's certainly OK to hire from one vocation into another if that's a conscious decision you're making. If that's the case, make sure the right expectations are in place for the role, recognize the skills you need folks to flex more of, and then help build them up where they're lacking. Be aware that this can take a lot of time and dedicated hands-on coaching.
If you're a Product Manager, embrace your role's strategic and customer-focused aspects. Lean on the right people for execution and management.
If you're a manager who's hired one of these roles, recognize they aren't the same. Have realistic expectations of your people and help them grow into their new roles.