Difference between Software Project and Software Product

Difference between Software Project and Software Product

Project:

If a software application designs for a specific client, then it is called PROJECT. 

OR

If any organization is developing the application according to the client specification then it is called as project

Product:

If a software application is design for multiple clients, then it is called a PRODUCT.

For Example: Windows.

OR

If any organization is developing the application and marketing it is called as PRODUCT.

No	Software Project	Software Product
1	If a software application is designed for a specific client then it is called Software Project	If a software application is designed for multiple clients then it is called Software Product
2	If any organization is developing the application according the client specifications then it is called Software Project	If any organization is developing the application and marketing then it is called Software Product
3	The requirements are generally captured from the specific customer to build the project	The software products are build based on a concept or idea, requirements are gathered from multiple customers
4	Software source code is owned by the customer	The product can be sold to multiple customers
5	Development life cycle of the project is till the delivery	Development life cycle of the product is till the product become obsolete.
6	Conditional contract will be there for maintenance	Annual maintenance contract will be there for new versions support

Note: In project testing we go through the Alpha Testing, Beta Testing, User Acceptance testing whereas in product testing we don't have this.

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