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Product (project Management)




In Project Management , a product is a physical entity that is created as a result of Project work. Another term for it is '''''deliverable'''''.

Two kinds of products are created in a project (as per PRINCE2 terminology):
  • specialist products, i.e. the intended results of project work:

  • --- installed software

  • --- erected buildings

  • --- trained people

  • management products, i.e. (usually) documents used to manage the project:

  • --- Business Case

  • --- Project Plan

  • --- Report s


The injection of specialist products into the Organization or its environment should be both a Necessary and a Sufficient Condition to bring about changes resulting in achieving Project Objectives . One of the tools to test that relationship is Goldratt's Future Reality Tree .

To develop a better understanding of project's products, one can construct a Product Breakdown Structure or write Product Descriptions .


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