How does the product differ from the project?

A project is a temporary endeavor with a specific goal, limited in time and resources. It aims to create a unique result, product, or service.

A product is the final result of a project, which can be tangible (e.g., a device) or intangible (software, service), and is intended for use or sale.

Key differences:

• Temporariness: a project has a start and an end, while a product exists and develops continuously.
• Goal: a project creates a product; the product is what is created.
• Management: a project is managed by phases and tasks, while a product is managed through its lifecycle (development, support, evolution).

For example, a project could be developing a new version of an application, and the product is the application itself, which continues to be supported and developed after the project is completed.