Project management is the process of initiating, planning, executing, controlling, and closing the

work of a project to achieve a specific objective.

Functional management is managing the routing activities in the organization relating to various
functions such as production, sales, and marketing, finance etc. in order to achieve the overall
objective of the organization.

Project management is unique and the project is terminated once the objective is achieved.

Functional management is a continuous and repetitive process.

Time Frame

Project management is a onetime activity with a specified time span.

Functional management is an ongoing activitySummary – Project Management vs Functional

Management
The difference between project management and functional management can be easily identified
by taking into account the characteristics of a project. If the focus is to achieve a specific objective
within a defined period of time that is outside the routine business operations, such a task relates
to project management. Managing daily business activities with the intention of realizing the
overall purpose of the company is referred to as functional management. Both aspects are very
important to an organization where projects will have to be undertaken based on specific business
requirements.