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Permalink Reply by Anand on November 19, 2010 at 10:59am

@ Mahesh

project:if the requirements are coming from outside the company i.e particular one person or organization then the outcome of the task is project.

1. Specifications will be given by Client
2. Client views/ requirements will be considered
3. End user is one
4.Once developed it will be finished and further updation also possible if client required



product: if the requirements are coming from with in development company the out come of the task is product.
1. Company designs product
2. Company with own views (based on market) develops product
3.End users are more than one
4. Never ending process
5.Customization is possible .

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Permalink Reply by uma susheela Bhamidipati on November 19, 2010 at 5:03pm

project means it is developed for a particular client only. for example wat are the companies like wipro,capgemini produce they are called projects
but at the same time product means developed for multiple clients, means microsoft provide .net it is used for multiple clients not only for one client

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Permalink Reply by Prasad L V on November 19, 2010 at 6:48pm

simple example i can give like:

Microsoft is a Product based company..
TCS/Infosys etc.. are project based.

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Permalink Reply by Siddiq on November 22, 2010 at 3:26pm

Prasad,

Pinnacle is a product from Infosys,
Indian Railways is a product from TCS.

Infy, TCS are service based companies. MS has it's own products running and catering.

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