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what is the exact difference between a product and a
project.give an example
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Answer Posted / suneel reddy
Project Developed for particular client
requirements are defined by client
Product developed for market
Requirements are defined by company itself by conducting
market survey
Example
Project: the shirt which we are interested stiching with
tailor as per our specifications is project
Product: Example is "Ready made Shirt" where th eparticular
company will imagine particular meaurementsand they made
the prodcuct
Mainframes is a product
Product has many mo of versions
but project has fewer versions i.e depends upon change
requets and enhancements
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