What is difference between product management & project management?

140 pts.
Tags:
Product management
Project management
Software development
Can someone tell me the difference between product management & Project management  - specially in terms of software development?

Software/Hardware used:
software

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The short version would be 

A Product manager involves managing the entire life cycle of the product. A product manager’s goal is to deliver a product that customers love. 

A Project manager — oversee a fixed project from start to finish this may encompass more that one product.

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