Wednesday, May 13, 2020

Difference Between Functional Manager and Project Manager

DIFFERENCE BETWEEN A FUNCTIONAL MANAGER AND A PROJECT MANAGER FUNCTIONAL MANAGER 1. He is in-charge of a firm’s functional depts. Such as marketing, engg., or finance. 2. They are more skilled at analysis. Such heads are specialists in certain areas only. 3. They are analytical in approach (breaking the system into smaller and smaller elements) and they know something abt. the operation for which they are responsible. 4. In case of any difficulty, they know how to analyze and attack it. 5. They are administratively responsible for deciding how something will be done, who is going to do it, and what resources will be devoted to accomplish a task. 6. He is a direct, technical supervisor. 7. He†¦show more content†¦The project may also be stopped because it is unsuccessful. For eg: If a medicine is prepared for a disease but selling at higher rate and in the market there are other medicines at lower rate for same disease then launching of this new medicine may not benefit and this project may be carried on further. 2. Termination by addition: Most projects are inhouse i.e. carried out by project team for the use in parent organization. If a project is a major success it is terminated by the parent organization. For eg: Suppose the Maths dept creates a BSc[IT] course taken as a project. Now if after several years the BSc[IT] course can run on its own, then the Maths dept can terminate this BSc[IT] project which can be considered as a full fledged dept. now. 3. Termination by intefration: This method of terminating a project is most common and it is done when the complexity arises. The property equipment, material, personnel and functions of the project are distributed among existing element of the parent organization. The output of the project becomes the std. part of operating system of the parent or client For eg: The merger of global trust bank with oriental bank is termination by integration. Following points must be considered when the project functions are distributed during integration. a. Personnel: Where wil the project team go? Will it remain a team. B. Manufacturing: Is the trainingShow MoreRelatedOrganizational Structure Of Functional Managers919 Words   |  4 PagesStructures relates to Project Management Functional managers have specialties such as engineering and manufacturing. They are usually selected for their technical expertise and ability to control the day to day operations. Functional Managers are considered cross-functional team and are self-directed to assign to a specific task. This type of management have different responsibilities, but all work to perform the same function of the department. 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