When, someone asks you. “Product and Project” Don’t be confused! we will learn about them with some good examples to remember easily.
Product :
Product is like ‘ready to use solution’ which is built by the company and sold to different customers (or) setup as free source.If customer requires any changes like color, title, appearance changes and some extra functionality to be added, then customization’s are done to the product.
General e.g.: Purchasing a flat after construction is completed – In this case You can only do minor changes like paints and interiors.
Examples: Google products like Gmail, Drive (Free sources) and Oracle products like Databases etc, Warehouse Management systems of Manhattan, SAP, Red Prairie and JDA (Paid products).
Project :
Project is ‘taking requirements from customer to build a solution’. The requirements are gathered from a particular client.
General e.g.: Purchasing a flat before construction. You can construct it as per your guidelines and requirement.
Examples: Banking projects like ICICI, HDFC and e-commerce projects like flipkart.com and bigbasket.com. These are specific to clients.
Some Quick differences :
PRODUCTS
- Requirements gathered from market survey.
- End users are more than one.
- Develop the application for Global clients.
PROJECTS
- Requirements gathered from particular client.
- End user is one.
- Develop the application for particular client.
