Product management
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"Production management" redirects here. For other uses, see Production management (disambiguation).
Product management is an organizational lifecycle function within a company dealing with the planning or forecasting or marketing of a product or products at all stages of the product lifecycle.
Product development (inbound-focused) and product marketing (outbound-focused) are different yet complementary efforts with the objective of maximizing sales revenues, market share, and profit margins. The role of product management spans many activities from strategic to tactical and varies based on the organizational structure of the company. Product management can be a function separate on its own and a member of marketing or engineering.
While involved with the entire product lifecycle, product management's main focus is on driving new product development.