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product development vs IT services
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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 have accumulated project information throughout the project and need to distribute some important information you just received. All of the following are part of information distribution methods except; A. Electronic mail B. Videoconferencing C. Electronic databases D. Voice mail
Your project depends on a key deliverable from a vendor you've used several times before with great success. You're counting on the delivery to arrive on June 1. This is an example of : A. Constraint B. Objective C. Assumption D. Goal
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.
Suppose you did all your work in a 32 bit system, the production server is 64 bit system, you find that during UAT, the system fails and is not working, how will u communicate to your customer, what solution will you provide to the client?
Your project has recently experienced change. Some of the agreed-upon WBS elements have been changed as a result. What kind of change has occurred? A. Schedule change B. Risk response change C. Quality change D. Scope change
What is the difference between contingency and mitigation plan?
You’ve been assigned as a project manager on a research and development project for a new dental procedure. You’ve published the scope statement and are working on the scope management plan. What is the purpose of the scope management plan? A. It describes and documents a scope baseline to help make future project decisions. B. It decomposes project deliverables. C. It describes how project scope changes will be incorporated into the project and how project scope will be managed. D. It describes how cost and time estimates can be composed for project scope changes.
You are a project manager for Laurel's theater productions. Your new project is coming in over budget and requires a cost change through the cost change control system. You know all of the following are true regarding Cost Control except: A. Performance is monitored to detect variances B. Changes are reflected in the cost baseline C. Changes are monitored and reflected in the project scope D. Changes are monitored so that inappropriate changes do not get into the cost baseline
Your project involves the research and development of a new food additive. You’re ready to release the product to your customer when you discover that a minor reaction might occur in people with certain conditions. The reactions to date have been very minor, and no known long-lasting side effects have been noted. As project manager you should: A. Do nothing because the reactions are so minor that very few people will be affected. B. Inform the customer that you've discovered this condition and tell them you'll research it further to determine the impacts. C. Inform your customer that there is no problem with the additive release the product to them. D. Tell the customer you'll correct the reaction problems in the next batch but you'll release the first batch of product to them now to begin using.
You know that PV = 475, AC = 430, EV = 480, EAC = 40, and BAC = 525. What is VAC? A. 440 B. 390 C. 485 D. 435
What is the meaning of scope of the project?
Your procurement department has obtained independent estimates. The vendor's proposal is substantially different than the independent estimates. All of the following are true except: A. The SOW was not detailed enough. B. The vendor failed to respond according to the terms of the proposal. C. The vendor failed to respond to all items in the SOW. D. The vendor failed to respond to all items in the contract.
Design Patterns 
