Product Based companies generally make and sell their products. For example, Coca cola, Pepsi, Colgate. They manufacture the products in the plants, market and sell them with profit to the customers.
Services based companies sell their services to the clients. Any company providing services to commercial entities/businesses or consumers, e.g. consulting, engineering, medical, recreational, therapeutic, financial, etc.
A Product based company is one that develops a product with reference to the market and its customer needs and then sells in the market. A Services based company is the one that provides its services to the client for completing his requirements.
Product Based company only deals with Product's.
Ravi,
CEO,
SineLogix, Bangalore
product is variable.but project deals with only single entity.
Software is a by-product of a project and a project uses software as a tool. Analyze their relationship and you will get the difference between the two.
A project is a temporary activity that ends with a new product being produced. A contract is temporary but a product doesn't have to be produced in contracts.
Project based is nothing but client requirements. product based is nothing but market requirements. Ex.striching shirt is a project based and ready made shirt is product based.
no difference
A goal is collection of objectives For example:-We can consider a final Product of an organization as a goal but we can get that goal by achieveing some objectives.
differences between a Web Project and Traditional Project?
Product based company is one which develops the its own products like hardware monitors , keyboard etc . Product based company uses there own idea to introduce theire product and they work on them from scratch to product. whereas Project based companies provides services to those products or to projects which were developed by other companies.
The company can choose to develop, market, oversee, and then decommission the exercise bike as a single-phase project The project for developing the exercise bike can form part of the product's life cycle
The company can choose to develop, market, oversee, and then decommission the exercise bike as a single-phase project The project for developing the exercise bike can form part of the product's life cycle
The company can choose to develop, market, oversee, and then decommission the exercise bike as a single-phase project The project for developing the exercise bike can form part of the product's life cycle
Explain the difference between "Project Management" and "Delivery Management."