Has anyone transitioned from project management to product management? What did that transition look like?

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It's been a long time, but I started out in project management. The toughest transition to make is selling yourself as a product manager and getting someone to take a chance on you either internally with your current company or externally. So you need to be able to demonstrate, as a product manager, that you understand the why behind business decisions and not just the "what we need to do to meet our goals" as is typical with project management. Look up Gayle Lakmann's Cracking the PM Interview as well.

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