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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 are a project manager for Uncle Sam's Flag Company. Your company has designed a new line of products featuring the American flag. Due to some unique circumstances, the products are in hot demand and the project sponsor has asked you to do whatever it takes to get this project completed early and make the products available. You are to add resources to the project. The sponsor agrees to pay the additional costs since time is now a critical factor. Which technique have you used? A. Crashing B. Resource leveling C. Fast tracking D. Resource loading
Project selection criteria might include: A. Benefit measurement methods B. Constrained optimization analysis C. NPV calculations D. Potential market share or increased public perception
How do you handle change request?
What are the outputs of the Performance Reporting process? A. Performance reports and change requests B. Performance reports and other project records C. Change requests and performance reporting D. Change requests and performance measurements
Your company provides answering services for several major catalog retailers. The number of calls coming into the service center per month has continued to increase over the past 18 months. The phone system is approaching the maximum load limits and needs to be upgraded. You've been assigned to head up the upgrade project. Based on the company's experience with the vendor who worked on the last phone upgrade project, you're confident they'll be able to assist you with this project as well. Which of the following is true? A. You’ve made an assumption about vendor availability and expertise. The project came about due to a business need. B. Vendor availability and expertise are constraints. The project came about due to a business need. C. You've made an assumption about vendor availability and expertise. The project came about due to a marketing demand. D. Vendor availability and expertise are constraints. The project came about due to a marketing demand.
Your project sponsor has requested a cost estimate for the project. She would like the cost estimate to be as accurate as possible as this might be her one and only chance to secure the budget for this project due to recent cuts in special projects. You decide: A. To use analogous estimating techniques B. To use bottom-up estimating techniques C. To use top-down estimating techniques D. To use expert judgment techniques
The Project Human Resource Management knowledge area contains which of the following processes? A. Staff Acquisition, Team Development, and Resource Planning B. Staff Acquisition, Team Development, and Performance Reporting C. Organizational Planning, Staff Acquisition, and Team Development D. Organization Planning, Team Development, and Resource Planning
What is the w5hh (wwwwwhh) principle given by barry boehm?
Your hardware vendor left you voicemail saying that a snowstorm in the Midwest will prevent your equipment from arriving on time. You identified a risk response for this risk and have arranged for a local company to lease you the needed equipment until yours arrives. This is an example of which risk response strategy? A. Transference B. Acceptance C. Mitigation D. Avoidance
You are a project manager who believes people will always perform at their best if given the proper expectations and motivation. Which theory do you subscribe to? A. Theory X B. Hygiene theory C. Contingency theory D. Theory Y
You are the project manager for a cable service provider. Your project team is researching a new service offering. They have been working together for quite some time and are in the performing stage of Team Development. This stage of Team Development is similar to which of the following? A. Smoothing B. Achievement theory C. Hygiene theory D. Self-actualization
You are the project manager for Changing Tides video games. You have gathered the inputs for the Activity Duration Estimating process. You will employ which tools and techniques to produce the outputs for this process? A. Activity list, analogous estimating, quantitatively based durations, and alternatives identification B. Activity list, analogous estimating, expert judgment, and quantitatively based durations C. Expert judgment, analogous estimating, quantitatively based durations, and reserve time D. Expert judgment, alternatives identification, quantitatively based durations, and reserve time
Design Patterns 
