Project vs. Product

One issue that has been going around my company lately is the difference between "project" and "product". This difference has affected the development cycle, project management and release engineering.

Simply, a project is a work effort and a product is a deliverable. Releases are made of products, not of projects.

A project could consist of multiple products over possibly multiple releases, or just be one release of one product. A project is a statement of work, of change.

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