A full blown LMS is ideal for matching up and tracking the content with the user, whereas a CMS is more focused on the content itself. One really big difference in the two systems is that focus and how it creates a successful environment for learning. The Course Management System is more collaborative in its content and the more content producers, the more successful the system. On the other hand, the Learning Management System needs more users as participators in order to be deemed successful.
I have used WordPress simply to put out a knowledge base for an upcoming annual parade for the city, allowing users to learn about the parade and its history, to ask questions, and to submit applications and payments for entry. There is not the same type of tracking involved in this CMS as there is in our school's LMS and I do rely on that tracking as I check to see what lessons my students have viewed, administer formative and summative tests with immediate feedback for both instructor and learner, and facilitate asynchronous and synchronous discussions.
The LMS is much more secure and is more suitable for the K-12 schools, even going so far as to tie grade systems into the system and offer remediation suggestions based on input by the learner. The CMS is a perfect tool for offering informational instructor led courses that do not require as much user tracking and businesses often use them for eLearning.
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