The main difference between project managers and construction managers is the scope. Project management includes work collaboration and task management. In general, program management involves much more of the big picture, strategic, corporate execution at a senior level with larger scale impact to company finances and business goal achievement. A product is anything we produce to meet the needs and wants of its end users. How about your organization? Leadership is often more art than science. Risk Management: An efficient project manager will always see each project as a trade-off between risk and reward. Product management is an organizational function within a company that deals with the planning, forecasting, and production or marketing of a product or products at all stages of the product life cycle.Project management, on the other hand, consists of the application of processes, methods, knowledge, skills, and experience to achieve the objectives of a specific project. Pinpoint inefficient team members and properly delegate tasks. >> Click to Share on Twitter<< So, what is the difference between a construction manager and a project manager? It's better for the organization to assess and understand, which role(s) is (are) required and frame the organizational structure. The organization decides the role, they should be clear about their responsibilities. They are responsible for understanding the clear expectations for the project deliverable (product) and also ensure the team understands the same. Both project managers and systems analysts address efficiency. His credentials include but are not limited to, ASQ certified Six Sigma Black Belt, QMS 9001:2015 Lead Auditor, Certified Project Management Professional, Lean Practitioner and Certified TQM Professional. In a nutshell, though all these roles have significant differences, yet they have much overlapping too. In fact, there are 5 fundamental differences between the roles: 1. They should have a shared focus. A project managerâs work begins with the planning that occurs before a project starts. At the extremes, a film director needs to be a great project manager as each film is different â¦ Each project manager might have more than one project coordinator to take care of all the tasks involved with advertising, making the new toy and â¦ Project managers are responsible for the project, the project team, and the â¦ They involve with the product throughout its life cycle. They connect with the product managers to understand product features or requirements. The stakeholder analysis is a joint effort. Project management deals with temporary projects â¦ Project Management. Excel at project management and be loved by your teammates. Assign items resulting from the stakeholder analysis to either the project manager or business â¦ Let us understand the roles and responsibilities of Product Manager, Project Manager, and Project Leader: Product Manager: They are often addressed as CEO of their products. They are responsible for recognizing the efforts of their team members. Is beneath project leader. Also, he is a vivid technical writer in the Project Management and Quality Management domains. They have led to the myth that Program Management is glorified Project Management. Project Manager VS Program Manager: While there are similarities between managers of projects and programs, there are also stark differences between both roles. The Scrum Master plays a support role for the scrum team. In the maturity phase, it gains market stability. They involve in product costing and concerned with profit/ loss due to their products. PMIÂ®, PMBOKÂ®, PMPÂ® and PMI-ACPÂ® are registered marks of the Project Management Institute, Inc. and only concerned about their project life cycle. Monitoring and evaluation. Here are a few key differences between a construction manager and project manager and why this matters to your firm. Project Manager is a person who owns the project and is responsible for it. Project Manager Vs. System Analyst. Put simply, project management is unique and highly planned, yet unpredictable. While in others, two individuals may handle these roles. These project leaders work on ad – hoc basis on the projects. Project management is broader The main difference between project managers and construction managers is the scope. Product managers set their expectations for the product. They maintain the team dynamics. Certified ScrumMasterÂ® (CSM) is a registered trade mark of SCRUM ALLIANCEÂ®. Every project involves both internal and external stakeholders. The PM duties are easily shared out between the Product managers/owners and the Delivery managers within the teams; the Product Manager should be accountable for the delivery of a project on their Product, of course at a lot of companies there isn’t the right set up for this.There’s a great image from Erin S Beierwaltes on moving traditional Duties from PM out to others here: There are also lots of guides on how to transition project management to Agile if thats your desire so I recommend just googling that and having a read up. Given the differences in project management and operations management, it is also important to consider the areas in which they overlap. Both project managers and systems analysts address efficiency. Below, youâll explore a multitude of projects â¦ Primary Difference between Project and Service Management. While there are undeniable similarities between the two roles, the clear main difference is that a project leader has more focus on the people rather than the more technical aspects of a given project. Project managers typically are higher up the food chain in an organization and have broader responsibilities. The Project Manager is responsible for completing the project within an established time and budget. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. Their responsibilities include tracking team progress, checking project performance and suggest appropriate actions. Organizations can have the variety of products in their product portfolio. During starting the project phase, we assess project feasibility and prepare the charter is. The timelines between project and department management differ in that a project has a finite lifespan, with an expected completion date, while department management is an ongoing process. Bolick provides some insight: âThere are instances where the role of a project manager will intersect with operations managementâ¦ A project manager takes care of an individual project within the program. For the projects related to product delivery, project managers understand the features and requirements of the product manager. Project Leader: They are responsible to lead the project work as the name suggests. What complicates matters - and insofar the question is a very good one - is that many IT related activities are managed in a project oriented manner. Having a good understanding of their responsibilities and limitations reduces the chances of conflicts. In describing the product managerâs role, our friends at Mind the Product cite Marty Caganâs book Inspired, which explains succinctly that the job of a product manager is to â¦ They are completely responsible throughout the project life cycle. They are responsible for setting product strategy and communicating the same to relevant parties. Projects are temporary and have defined time boundaries. They take the onus of their products from its very origin. Advertisement BestCollegeReviews.org is an advertising-supported site. It is something that we offer to meet their requirements. Sometimes, project managers also engage with customers to understand their product requirements. And project managers translate these expectations to the project team to act upon. For an example, during product development phase in a product lifecycle, one or many projects may be carried out to develop the product. Though some of the organizations have all three different roles, still the confusion persists about their work. Things such as budgets, resources, stocks, and schedules all fall under their remit. The Difference Between a Program Manager and a Project Manager A program manager manages multiple projects, and sometimes multiple programs while a project manager manages the teams responsible for fulfilling the project and achieving its deliverables. They involve in: They envision the products and bring them to life through efforts. To better understand the difference, let us start with some basics to lay the foundation.You may also like: Transformation from Project Leader to Project Manager Certified project management professionals, Skilled professionals, who are experts in project management. Whereas, process management is more fixed and optimized; youâre taking known challenges and applying the most effective route to solving a problem. Orâ¦ not! Programs are Ongoing, Projects End Programs usually span a far greater duration than a project. PM skills will generally focus more on the ability to manage the individuals working on the project in question. General management is employed for ongoing procedures or functions of certain organizations, businesses etc. Project management is broader. They are also responsible to ensure the team should not stray from the goal. So what exactly does a project manager do? Project Leader: Project leaders are more concerned about leading people during a project. A project manager takes the responsibility of a project leader. Thus, the project manager â¦ Read on to find out! In some of the organizations, where the functions take the projects, the functional heads delegate an individual to lead the project as a project leader. project managers are not there to motivate people but to keep things organized. (Refer to the figure 1.3). The role is supported by a governance framework that could include a program manager, PMO team, Project Board or other governance structures that provide support and oversight. But, they are often confused by most of the people by responsibilities. â¢ Usually, in project management, resources are limited. The job focus of the project manager is both narrower and deeper than that of the program manager. The standard way to explain the difference between program and project management goes something like this: Project Managers manage projects and Program Managers manage a portfolio of projects. Project Manager: Skilled professionals, who are experts in project management. The project manager, on the other hand, is more responsible for the project budget and the timeline. The phases of a project life cycle include: You may also like: Project Management: How to collect requirements for your project effectively? My most simple and basic way of describing the differences is that a PM is accountable for the delivery of a Project whereas the DM is accountable for the team, “the team” is a mix of delivery, recruitment, ways of working, team morale, team makeup and anything else that is longer term to create great teams. As you can see there is a different between program and project management. They are responsible for their products throughout product life. Post that is passes through the Growth Phase, where it captures market volume. Figure 1.2 depicts the project flow through four phases. These phases are: Sometimes, conceptualization and development are not considered as the part of a product life cycle. Project management is the act of creating plans and managing resources in order to accomplish a project. Such definitions leave much to be desired. Contract Management is the art of achieving the mutual satisfaction of two, or sometimes more, parties whose objectives are dissimilar, although closely linked. Depending on the industry, âprojectsâ range in size and scopeâfrom launching a new website to constructing a new building. All PM's must interact with professionals and customers, as they report to each. During the second phase, we do planning and documentation. Project management is flexible and changing; youâre facing new challenges and might require new ways to overcome them. Construction Manager Salary vs. Project Manager Salary According to Payscale.com , as of January 12, 2016, the median salary for a Construction Manager in the United States is $73,561. Itâs likely the different projects within a program will overlap â the program manager will therefore assess these overlaps and work with the relevant project managers to ensure the programâs smooth progression. The project manager is responsible for bringing together the resources necessary to execute the project expectations and deliver the given product or service on time and on budget. Project leaders manage the team dynamics throughout the projects. As you familiarize yourself with the difference between project management and program management, and even consider program manager as the next step in your career, itâs important to identify exactly how these roles differ. They have team management and conflict resolution skills. They are also responsible for the product releases and promotions. Monitoring and evaluation (M&E) is a process that helps improve performance and achieve results. Used under license of AXELOS Limited. The answer can be boiled down to three main categories: Scope of Responsibilities Authority Level Focus Construction Manager vs. Project Manager Responsibilities While the construction manager oversees â¦ They never fail to show their leadership skills during a project, and they keep the team focus intact. rights reserved. Budgeting is necessary for a project â¦ This turns into product decline from the market after some time during the decline phase of the cycle. This includes identifying and breaking down the main parts of a process to organize the project into stages with realistic timelines, and accurately estimating the work hours and other resources each major project stage needs. Listed here are 10 expectations that I have of senior project managers. Product managers show interest in their product as a project deliverable. In some of the organizations, all the three roles exist. Some project â¦ Such definitions leave much to be desired. We take the decision based on organizational context – its internal and external factors. Sample project management activities include the application of knowledge, skills, tools, techniques to the project activities to meet the project requirements. If yes, what are the differences? You may also like: Transformation from Project Leader to Project Manager. We carry out the real project work execution as per the project management plan during the third phase. Project Manager. Account manager vs project manager - which one should you hire? A successful project manager is one that regularly re-evaluates the situation. Why AWS? Project Manager Vs. System Analyst. In the introduction stage, it becomes live in the market, this is where the end users consume it. Hence, it’s imperative to understand the differences. You can actually see what the difference is. Project managers typically are higher up the food chain in an organization and have broader responsibilities. 5 Moreover, the Project Management Institute projects that 939,532 jobs will be created in the profession between 2016 and 2020. M any people confuse the terms Product Manager, Program Manager, and Project Manager. Do you have all these three roles in your organization? Project manager is a person who is responsible for accomplishing the project goals within the scope, specified time frame and within the budget. The reporting structure for a project manager is normally into the project sponsor. If so, how are their responsibilities spelled out? What people struggle to answer is: are there any distinctions between these roles? If youâre looking for a career in Project Management Professional (PMP), want to learn what it takes to become a Project Manager (PM), or simply want to grow your repertoire of knowledge, you may be asking yourself, âWhat is the difference between a PM and a PMP?â The answer is quite simple, and the two are undoubtedly intertwined. But these days, especially in IT, it is a very probable scenario for you to be introduced to a Product Owner instead of a good old PM. What do they do? They take the onus of delivering projects end to end within the constraints of time, budget and resources. Project Management Responsibilities. Project Manager is a person who owns the project and is responsible for it. Product Manager: As we know, product managers are the CEOs of their products. They also manage issues, risks, scopes, changes, and members of the team. They communicate these expectations to the project team. We'll look at the similarities and differences â¦ They generate product concepts and identify product requirements. They are least bothered about the complete product lifecycle. In some organizations, one individual can play the roles of product manager and project manager both. Although, the words seem similar there are some differences. This ends the current product life. The principal difference between project management and operations management is that the project manager has a temporary role, which leads to some specific differences and difficulty in the case of team-building effort. Consider what to change about the project to save time or improve quality. The responsibilities of a project leader include the following: They are responsible for setting the expectations for their team members. Certified project management professionals often serve as project managers. A project manager has a lot of responsibilities to keep track of. Length: SAP Trademark(s) is/are the trademark(s) or registered trademark(s) of SAP SE in Germany. I am going to bulk a couple of roles together, so Project/Programme management (PM) on one track and Delivery/Engineering manager (DM) on the other as; in my experience they are much the same rolesâ¦ They are responsible for their team performance, hence, they review the team performance during the project. Hence, an individual in an organization may take two or all three roles. What products should be there in a portfolio is the organization's call based on the strategies? Project Management, a sub-set of contract management, is the art and science of achieving defined project goals, on time and within budget. For example, a project leader is actually a project manager in some organizations. Terms like product manager, project manager, and project leader are well heard in organizations. PRINCE2Â® is a registered trade mark of AXELOS Limited. Individually, each plays a critically important role in the success of a project, but when blended from the beginning, they will help to ensure ROI is achieved. 3. The main difference is that a project manager is completely responsible for the start to finish of a project, while a product manager is completely responsible for the start to finish of a product. Though some of the organizations have all three different roles, still the confusion persists about their work. They also identify project risks and take suitable actions. Thereâs another difference between the change manager and project manager roles. Project Manager: They are the experts in project management principles. (Refer to the figure 1.1), Image Source: https://cio-wiki.org/?page=project-life-cycle. Even with this disparity among the three roles, they all need to collaborate and work together. Projects might last as long a few days or many months. Risk management involves risk identification, risk analysis, and risk prioritization and control. Want to become a Successful Project Manager? In case of internal project, it impacts and affects one or more functions directly. They ensure the team should get their due rewards. I am going to bulk a couple of roles together, so Project/Programme management (PM) on one track and Delivery/Engineering manager (DM) on the other as; in my experience they are much the same roles with a few differences such as project often smaller than Programme and Delivery Manager often being a new way of reflecting Engineering manager roles. For example, a toy manufacturer could have a different project manager to handle each new product it introduces. While the project manager and construction manager must both be effective budgeters, the project budget must incorporate every detail in the project from beginning to end, while the construction manager will only be responsible for budgeting the construction phase. They are responsible for the wider span of product control. So first off a table of main responsibilities from what I have experienced over the years and the way I prefer things to work: I do believe in large corporations who are moving towards working in a more Agile manner that there is often still a place for the PM when a project spans multiple teams although, in my opinion, a better way to do this is to have an outstanding product manager sitting at the top who is paying attention to budgets as well as scope. The different projects complement each other to assist the program in achieving its overall objectives. Hence, they are important resources to add value to the project. There is confusion between the term project management and program management. They ensure the focus of the team on project deliverable. During development, a product is under design stage. All They generate the product idea and make efforts to turn this idea into reality. They possess team building skill. The primary difference between these two management models lies in their approach towards the structural flow of involved processes. Comparing Development Managers to Project Managers Development managers may help build an organization from the ground up, while project managers â¦ If you are one of those people who juggle these terms, then reading this article can be useful to you. For companies that work on a large number of projects, it makes sense to clearly delineate between PPM and project management. Hence, all projects are unique in nature and drive the change in the organization. Any product undergoes through different phases of its life cycle. They are good at delivering expected project outcomes as planned. The line between project management and project portfolio management is often blurred because people attempt to accomplish all of the tasks we discussed under the heading of project management. Hence, any phase of a product life cycle may encompass one or more project cycles in it. He is responsible to bring the team back on track. We tell you that âYesâ, the default project manager can be quite different from his project leader counterpart. Consortium (ISC)2. A pretty good summary of Lean, Agile, Scrum, Agile Scope Management: 4 Causes of Scope Creep and How to Combat Them, Why the Agile Method Often Fails in Big Companies, ‘Scrum is an awful project management methodology’, Scaled Agile Framework (SAFe): when you don’t have the guts to do Scrum, How I use T-Shirt sizing as a Product Owner to estimate delivery. Their responsibilities include product introduction into the market and product promotion. While one adopts an ongoing lifecycle approach, the other deals with temporary undertaking of projects. But, they are often confused by most of the people by responsibilities. Its goal is to improve current and future management of â¦ Budgeting: A project manager is responsible for keeping track of a projectâs funding and how much it has consumed thus far. Thereâs another difference between the change manager and project manager roles. What Is The Difference Between a Project Manager and a Project Management Professional? A project manager takes care of an individual project within the program. rights reserved. The Top 10 reasons to get an AWS Certification, Six Sigma Green Belt Training & Certification, Six Sigma Black Belt Training & Certification, Macedonia, the Former Yugoslav Republic of, Saint Helena, Ascension and Tristan da Cunha, South Georgia and the South Sandwich Islands. Good project managers are essential in many industries. They engage throughout the project life to lead the project team. Some organizations, use these terms. They are the executors of the product strategies set by the product manager. For these roles, some of the responsibilities spill over the others. A project manager could be internal to a company or external via a project or program management consulting firm. The project, on the other hand, is to create any unique product, service or result. A project life cycle passes through four phases in order. This is one of the most frequently asked questions I get from Project Managers and PMO staff. Used under license of AXELOS Limited. A Project Manager is the manager assigned to manage a single project whereas the Line Manager manages the work taken up by a line of projects. That means, success or failure of the project is completely dependant on the Project Manager. During conceptualization, a product is an idea. â¢ Project management is usually employed in projects that are temporary and time constrained. The perspective of a Project Manager - everything is under control! An IT manager could be a project manager but need not be one - and vice versa. And they ensure the team gets its reward after a successful project delivery. Whatâs the difference between Project Management and Release Management? The key lies in his approach, and not in his role. At the end of this phase, we review project deliverables for their acceptance. This post also intends to stir within you the seed for higher transformation. CISSPÂ® is a registered mark of The International Information Systems Security Certification In this post, we attempt to demystify this statement for you. The Project Manager leads the planning and execution of the project. In most industries, project managers are professionals who have developed expertise in the field, often by working on projects, and have moved into a management role over time. The Problem Statement: Is it necessary in Lean Six Sigma? The typical responsibilities of a project manager include the following: They are responsible to articulate the project plan to deliver project outcome as expected. But, nonetheless, these three roles differ in their responsibilities. Now, we have understood the differences among the three roles. Hence, understanding these roles becomes paramount to reduce obscurity and chances of conflicts. Things such as budgets, resources, stocks, and schedules all fall under their remit. Put simply, project management is unique and highly planned, yet unpredictable. Primary Difference between Project and Service Management. Any conflict related to their roles and responsibilities may result in a series of failures. Everything here is all based on my experience and my preferences, your role and the company you work for might be different, or you might completely disagree. That means, success or failure of the project is completely dependant on the Project Manager. However, â¦ They help explore new product features and analyze market demand for the same. You may also like: Roles and Responsibilities of the Project Manager & Project Management Team. In another way, we can say, a Project Manager is an experienced professional who plans, handles, and executes the project as well as processes, â¦ It can be helpful to think of the Project Manager as having expert responsibility over the projectâs business and resource management, and to think of the Construction Manager as having expert responsibility over the hands-on trades, including plumbing, electrical, carpentryââall that goes into building. Projects run within the constraints of scope, time, budget and resources. They are also responsible for the organizational training on their products. Having discussed the difference between product and project. The principal difference between project management and operations management is that the project manager has a temporary role, which leads to some specific differences and difficulty in the case of team-building effort. There is a big difference between Project Management and Monitoring & Evaluation. And they set the goals to meet these requirements. Deadlines might be more important to a project manager than a department head, who is not hired or appointed for a specific period. Any project requires lots of resources including human resources. Many times you may see project managers who do all the planning for the project, and they actually sit those project plans on the desk and not use them. The following are the typical responsibilities of a product manager: They are responsible for setting the product strategy. Become a certified Project Manager | Get trained by experts, Discerning experience of more than 9 years in Quality Management System, Quality Assurance, Process Improvement, Operational Excellence, Project Management, Quality Audits, Training & Development; Ankit has demonstrated abilities in driving Lean Six Sigma projects and conducting Lean Six Sigma workshops in production and service environments. How are Project Management and Operations Management Similar? Look for new approaches to visualize the project and achieve the desired outcome. The development phase is when the project manager are responsible for the day to day running of the project according to the project management plan an example of this will be managing and co-ordinating the contractors involved in building the new nursery. The primary difference between these two management models lies in their approach towards the structural flow of involved processes. A project is a scheduled undertaking for the purpose of creating a product or service. It's not mandatory that three individuals pay all three roles in an organization. What people struggle to answer is: are there any distinctions between these roles? They are responsible to set the direction for their team during project work. How Do Project Management and Operations Management Differ? They also manage issues, risks, scopes, changes, and members of the team. For example, an organization can have a product manager with the responsibilities of project manager as well. Conclusion. In 2018, the U.S. Bureau of Labor Statistics began tracking âproject managerâ as an occupational category, which reflects the growing demand for this role. Project managers manage the stakeholders and project resources during the project. Project Managers have mainly an internal focus, while Product and Program managers are more focused on what is happening externally with their users and also the market. A project manager can have the responsibilities of a project leader as well while leading the projects. For driving operational excellence by deploying Quality Management tools and implementing best business practices, he has been rewarded and recognized on many occasions by peers & employers. Want to become a Successful Project Manager? A Project Manager and a Product Manager are very similar. The Project Management Institute, better known as PMI, defines a project as a temporary endeavor undertaken to create a unique product, service, or result. They are responsible for product release. Before we discuss the specific differences between product and project managers, letâs clarify what we mean by each role. They act as a problem solver in a project. To better understand the difference, let us start with some basics to lay the foundation. The difference between the Project Controller and the Project Manager goes back to the definition of the role of a Project Controller who defines two primary factors in a project; cost and schedule. While in others one role may take up the responsibilities of other roles. Product Manager vs Project Manager vs Project Leader: Key differences you must know, Agile Scrum Master Certification Training, PRINCE2Â® Foundation Certification Training, PRINCE2Â® Foundation and Practitioner Combo Training & Certification, Certified ScrumMasterÂ® (CSMÂ®) Training and Certification Course, Lean Six Sigma Yellow Belt Training Course, Lean Six Sigma Black Belt Training & Certification, Lean Six Sigma Green Belt Training & Certification, Lean Six Sigma Green & Black Belt Combo Training & Certification, ITILÂ® 4 Foundation Training and Certification, Microsoft Azure Fundamentals - AZ-900T01 Training Course, Developing Solutions for Microsoft Azure - AZ-204T00 Training course, the product lifecycle and project lifecycle, https://cio-wiki.org/?page=project-life-cycle. Scrum Master vs Project Manager: Summary. This might seem like an arbitrary difference. Human resources are toughest to manage. Project Manager is a title given to one who practices Project Management. Is responsible for delivering updates on the project progress and possible obstacles. Both are responsible for something from start to finish. They are responsible for managing triple constraints. This article will break down the divide between account management and project management, and help you choose the right role for your agency. A project manager is someone who plans, manages, monitors and controls projects. They should know the clear distinction between their roles and responsibilities. Project Management: How to collect requirements for your project effectively? The key difference between these roles comes down to the definition of a project versus operations. Enter your email and we'll send you instructions on how to reset your password. Takes care of budget, schedule, deadlines, documentation, staffing, HR, people, etc. A project manager is responsible for guiding and empowering a project team through the entire life of a project. They engage in managing the projects. Project Management can be applied to all disciplines. As you can see, the difference â¦ Thats my 2 pence worth and happy to hear any comments even if you disagree as I think the discussion is always valuable. Growing agencies frequently have the same question: whatâs the difference between account managers and project â¦ What is a Product Manager? What do they do? In projects that use the UpStream project management plugin, both the Project Owner and Project Manager roles are available. By definition, project management is the application of knowledge, skills, tools and techniques to project activities, to meet project requirements. Since the final project â¦ To meet product strategy through projects, they remain in constant touch with project managers. We can now understand the product lifecycle and project life cycle before exploring the subject. Throughout the project life cycle, they update the project status to relevant project stakeholders. Figure 1.3: Relation between product lifecycle and project life cycle. They are responsible for conflict resolutions. Which they pitch to the market to cater to the needs of users. The most important aspect of these roles is to have strong collaboration. They keep their team motivated. They gather and understand the product requirements. These roles, if played by different individuals, should be well understood by them. In this article, I will focus mostly on Product Owner. Generally speaking, a program manager has broader responsibilities than the project manager. Project Managers work with the Waterfall methodology, when in Scrum all team members share the duty of manager. Post this phase, we carry out formal project closure and archive the project documents for future references. Their main focus is to deliver the project as expected. While in a perfect world we would see project management and change management as one blended protocol, there are several fundamental differences between the two disciplines. In some organization, we call them Account Managers. They show this passion to walk the talk. The project manager will also have a line manager too, who iâ¦ The operations manager is a person who is responsible for managing the overall operational activities in the organization. Let us first understand the difference between a product and a project. A project manager has a lot of responsibilities to keep track of. Microsoft and MS Project are the registered trademarks of the Microsoft Corporation. Programs are more complex and require more political awareness than the average project. The Difference Between a Product Owner and a Project Manager It is safe to say, that most business savvy people know what a Project Manager does. Perhaps the project manager is recording a competitor as a stakeholder to aid in the identification and tracking of potential project risk.