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Asked by : Vikash Jaiswal, Business Analyst, SAP
Industry : IT Products
Functional Area : Valuation
Activity: Question posted: 05 25 2008 22:19:39 +0000, 1 answers, 335 views, last activity 07 06 2010 20:18:08 +0000
 
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  Answered by     Mihir Ghosh, Business Analyst, Oracle  | 05 25 2008 22:23:46 +0000
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One way to think about the differences between the development of software prouct vs. software project is to analyze the management scope.

The product part of software product development implies the inclusion of market planning and launch as part of the scope of activities. Wikipedia has some rough but decent descriptions of Product Manager. In my experience, Product Managers handle a very different scope than project managers. Of course in small companies, one person may wear both hats. 

Product managers deliver products to business strategy and may have P&L responsibility for the product throughout its lifecycle - from concept to end of life. This lifecycle may include software projects

 
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