Suppose you are making iPAD. The product lifecycle may start from 1) Product conceptulization 2) Feasibility Analysis and Market study 3) Design 4) Creating the product 5) Marketing , Selling 6) Improvising / Adding new features 7) Obsolete
While a project maybe Designing and creating the first iPAD itself, which will have its own charter, initiation, planning, execution, QC and closure. This project would be closed once the iPAD is designed and created.
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Mon, 02/14/2011 - 04:00
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Suppose you are making iPAD.
Suppose you are making iPAD. The product lifecycle may start from 1) Product conceptulization 2) Feasibility Analysis and Market study 3) Design 4) Creating the product 5) Marketing , Selling 6) Improvising / Adding new features 7) Obsolete
While a project maybe Designing and creating the first iPAD itself, which will have its own charter, initiation, planning, execution, QC and closure. This project would be closed once the iPAD is designed and created.