product development vs IT services
- 6 Answers
- 14944 Views
- Mphasis, Proteans, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / anjali jain
Product development involves :
1. Idea Generation
2. Idea Screening
3. Concept Development and Testing
4. Business Analysis
5. Beta Testing and Market Testing
6. Technical Implementation
7. Commercialization
Whereas IT Services involves delivery of some key services
e.g. Implementation, Testing, Infrastructure Support,
Database Support etc.
| Is This Answer Correct ? | 14 Yes | 3 No |
Answer / raj chaitanya
IT services is a broad definition that may involve
Infrastructure services, data services, application
development, maintenance, Testing etc.. which may be for an
internal client or external client. Here the
requirements/specifications/service levels are set by
clients, internal or external. Also the term of these
services is definite as specified by the project and the
deliverables are delivered.
whereas Product Development is a specific activity of
development of products where the
requirements/specifications/service levels are decided
internally within the company. The development cycle for a
product is different from that of a regular IT services as
in it depends on the life of a product and how it evolves
and changes over a period of time.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / ravi
Services !! yuk!! improves your management skills
Product development improves you techincal as well as
management skills.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / shri
Product requirements evolve over period of time. Lot of
emphasis on customization. Technically challenging.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / santhoshrv
Product development is not dependent on client but where as
IT services is dependent on client.
| Is This Answer Correct ? | 1 Yes | 3 No |
Answer / sri
Product development involves in all the SDLC activities i.e
requirement gathering,analysis,design,code
building,testing ,implementation and maintanance where as
incase of IT services you will be given work in pieces and
you may not require to follow entire SDLC procesess,like
attending the calls from customer,resolve the issues in a
given amount of time and update the status/escalate if you
can not resolve the issue in a given amount of time.
| Is This Answer Correct ? | 3 Yes | 22 No |
You are the project manager for a cable service provider. Your team members are amiable with each other and are careful to make project decisions jointly. Which of the following is true? A. They are in the smoothing stage of Team Development. B. They are in the norming stage of Team Development. C. They are in the forming stage of Team Development. D. They are in the forcing stage of Team Development.
What is the key activity during Contract Closeout and Administrative Closure? A. Documenting lessons learned B. Creating project archives C. Disseminating information to formalize project closure D. Documenting project closure
Each of the following is true regarding the risk management plan except: A. The risk management plan is an output of the Risk Management Planning process B. The risk management plan includes a description of the responses to risks and triggers. C. The risk management plan includes thresholds, scoring and interpretation methods, responsible parties, and budgets. D. The risk management plan is an input to all the remaining risk planning processes.
Your hardware vendor left you voicemail saying that a potential snowstorm in the Midwest might prevent your equipment from arriving on time. She wanted to give you a heads-up and asked that you return the call. Which of the following is true? A. This is a secondary risk, which is an output of Risk Response Planning. B. This is a contingency plan, which is an output of Risk Response Planning. C. This is a risk, which is an output of Risk Identification. D. This is a trigger, which is an output of Risk Identification.
Which of the following processes are performed in the Closing process group and in what order? A. Administrative Closure then Contract Closeout B. Scope Verification then Administrative Closure C. Contract Closeout then Scope Verification D. Contract Closeout then Administrative Closure
Project managers have the greatest amount of authority in which kind of organizational structure? A. Functional B. Projectized C. Weak matrix D. Balanced matrix
You are the project manager for Heart of Texas casual clothing company. Your project involves installing a new human resources system. You've identified the risks associated with this project and are ready for the next step. What is the next step? A. You will evaluate the risks and assign probabilities and impacts using Qualitative and/or Quantitative Risk Analysis. B. You will use the Delphi technique to confirm the risks you've detailed and identify others you may have missed. C. You must evaluate the risks and assign probabilities and impacts using both Qualitative Risk Analysis, which comes first, then Quantitative Risk Analysis. D. You will define the steps to take to respond to the risks and detail them in the risk response plan.
You are a project manager for Cashiers Systems. Your company produces cashiering systems and software for the retail industry. Your customer has requested a change that will change the characteristics of the cashiering system. You've described the characteristics of the cashiering system using this tool and technique of the Integrated Change Control process: A. Product description B. Product analysis C. Decomposition D. Configuration management
You are the project manager for a new website for the local zoo. You need to perform Quantitative Risk Analysis. You'll use all of the following tools and techniques to accomplish this except: A. Data precision ranking B. Sensitivity analysis C. Decision tree analysis D. Interviewing
All of the following are true about decomposition except: A. It's an output of the Scope Definition process. B. It's a tool and technique of the Scope Definition process. C. It is used to create a WBS. D. It subdivides the major deliverables into smaller components.
During contract negotiations, your vendor tells you that the equipment originally bid in the RFP is no longer available. They say the best solution is to buy the new equipment they're offering, which is a higher price than the original equipment. You have concerns that the new equipment might not be compatible with existing equipment and try to discuss this with them. They remind you that this decision was already made during the last contract negotiation meeting so there's no need to continue to discuss it. This is an example of which of the following? A. Proposal B. Compromise C. Storming D. Fair accomplish
You are in the Planning process of your project, and your project sponsor has requested an accurate cost estimate in two weeks from today. You'll use which of the following techniques to provide her with the most accurate cost estimate? A. Bottom-up B. Analogous C. Top-down D. Earned value
Design Patterns 
