Product (Project Management)
In
project management
, a
product
is a physical entity that is created as a result of
project
work. Another term for it is
deliverable
. Two kinds of products are created in a project (as per
PRINCE2
terminology):
specialist products, i.e. the intended results of project work:
installed software
erected buildings
trained people
management products, i.e. (usually) documents used to manage the project:
business case
project plan
reports
The injection of specialist products into the
organization
or its
environment
should be both a
necessary
and a
sufficient condition
to bring about changes resulting in achieving
project objectives
. One of the tools to test that relationship is
Goldratt's
Future Reality Tree
. To develop a better understanding of project's products, one can construct a
product breakdown structure
or write
product descriptions
.
See also:
list of project management topics
scope creep
Product (business)
project objective
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