"Project- It is based on customer requirement.
Product-It is based on market survey i.e it is based on the need of market. Company that develop product they them self responsible for any profit or loss while this is not in the case of project."
"Software Project Means If A Software Is Developed For Specific Customer Then It Is Called Software Project.
Software Product Means If A Software Is Developed For Market Depends Upon Market Needs Then It Is…"