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What is the difference between software Product and Project

Answer Posted / aakashtaneja

Software Project
The below mentioned points will describe about the Software project:

1. The requirements are generally captured from the specific customer to build the project
2. Most of the cases the project requirements are freezed before the development
3. Hardware requirements clearly mentioned in most of the cases
4. Software source code is owned by the customer
5. Development costs are paid by the customer as service charge
6. Generally the duration of the project is well stated
7. Costs are fixed, on terms and conditions it may change
8. Development life cycle of the project is till the delivery
9. Conditional contract will be there for maintenance
Software Product


The below mentioned points will describe about the Software product now:

1. The software products are build based on a concept or idea, requirements are gathered from multiple customers
2. Software products will be used to address the common problems of a business segment or common problems of more than one customer
3. Products are generally owned by the company which is building it
4. The product can be sold to multiple customers
5. Based on the size of the customer (Small, medium, large and extra large etc) the hardware requirements will be varying
6. Based on the existing Software owned by the customer, your product may need to support his software’s (eg: Operating systems, Database servers, and web servers etc)
7. Development life cycle of the product is till the product become obsolete.
8. Annual maintenance contract will be there for new versions support

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