In my organisation this is seperated by the permanent organisational roles which belong to Team Leads, team leads are responsible for ongoing management of the BAU tasks assigned to their team and any personal or professional growth management as well as any disciplinery or HR type engagement. It is a permanent role.

The project lead on the other hand is a transient role with responsibilities only within the temporary endeavour (project) they are responisble for. Line management etc remains with the owning Team lead rather than transferrign to the project lead. The technical expectations are the same as those of a team lead managing his BAU projects.

In my organisation this is separated by the permanent organisational roles which belong to Team Leads. Team Leads are responsible for ongoing management of the BAU tasks assigned to their team and any personal or professional growth management as well as any disciplinary or HR type engagement. It is a permanent role.

The project lead on the other hand is a transient role with responsibilities only within the temporary endeavour (project) they are responsible for. Line management etc remains with the owning Team lead rather than transferring to the project lead. The technical expectations are the same as those of a team lead managing his BAU projects.