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The differences between information technology product managers and information technology project managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become an information technology product manager, becoming an information technology project manager takes usually requires 4-6 years. Additionally, an information technology product manager has an average salary of $110,880, which is higher than the $106,981 average annual salary of an information technology project manager.
The top three skills for an information technology product manager include product management, project management and lifecycle management. The most important skills for an information technology project manager are project management, infrastructure, and scrum.
| Information Technology Product Manager | Information Technology Project Manager | |
| Yearly salary | $110,880 | $106,981 |
| Hourly rate | $53.31 | $51.43 |
| Growth rate | 10% | - |
| Number of jobs | 169,462 | 207,249 |
| Job satisfaction | - | 3 |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 68% |
| Average age | 39 | 44 |
| Years of experience | 10 | 6 |
An information technology product manager is responsible for developing technical solutions for business requirements in meeting revenue goals and achieving the highest customer satisfaction. Information technology product managers conduct data and statistical analysis to determine current market trends and identify technology opportunities to monitor product activities and increase the brand's image to various market platforms. An information technology product manager evaluate the stability and efficiency of technological advancements to determine methods for product creation and optimization.
An information technology project manager is responsible for supervising the technology department, ensuring that all tasks are being done by following technological strategies and solutions. Information technology project managers' duties include monitoring the technology team's daily operation, handling team members' concerns, managing customers' inquiries and complaints, helping team members' in achieving their professional growth, creating reports, sharing updates during team and board meetings, and maintaining effectivity of operational procedures. An information technology project manager must have excellent leadership and decision-making skills to decide on the best strategies in meeting the company's objectives.
Information technology product managers and information technology project managers have different pay scales, as shown below.
| Information Technology Product Manager | Information Technology Project Manager | |
| Average salary | $110,880 | $106,981 |
| Salary range | Between $84,000 And $145,000 | Between $76,000 And $149,000 |
| Highest paying City | San Francisco, CA | Menlo Park, CA |
| Highest paying state | California | California |
| Best paying company | Cloudflare | Reed Smith |
| Best paying industry | Hospitality | Technology |
There are a few differences between an information technology product manager and an information technology project manager in terms of educational background:
| Information Technology Product Manager | Information Technology Project Manager | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Stanford University |
Here are the differences between information technology product managers' and information technology project managers' demographics:
| Information Technology Product Manager | Information Technology Project Manager | |
| Average age | 39 | 44 |
| Gender ratio | Male, 69.4% Female, 30.6% | Male, 66.4% Female, 33.6% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 6.2% Unknown, 4.7% Hispanic or Latino, 8.8% Asian, 12.0% White, 67.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 11% |