Key Differences

A deep dive into what makes products fundamentally different from projects

Detailed Comparison

The differences between products and projects extend far beyond timelines. They represent fundamentally different approaches to creating value.

Interactive Comparison Matrix

Duration

πŸ“‹ Project

Fixed start and end date

πŸ“¦ Product

Ongoing, no end date

Phases

πŸ“‹ Project

Sequential: Plan β†’ Build β†’ Launch β†’ Close

πŸ“¦ Product

Continuous: Build β†’ Measure β†’ Learn β†’ Repeat

Team Structure

πŸ“‹ Project

Temporary, disbanded after completion

πŸ“¦ Product

Persistent, dedicated long-term

Ownership

πŸ“‹ Project

Handed off after delivery

πŸ“¦ Product

Team owns product lifecycle

Success Measurement

πŸ“‹ Project

On time, on budget, on scope

πŸ“¦ Product

User satisfaction, business outcomes

KPIs

πŸ“‹ Project

Completion percentage, milestone dates

πŸ“¦ Product

Retention, engagement, revenue

Scope Changes

πŸ“‹ Project

Avoided, considered "scope creep"

πŸ“¦ Product

Expected, driven by learning

Requirements

πŸ“‹ Project

Defined upfront, detailed specs

πŸ“¦ Product

Emergent, based on user feedback

Key Takeaways

  • β€’Projects optimize for delivery; products optimize for outcomes
  • β€’Product teams are persistent and own the full lifecycle
  • β€’Change is embraced in products, avoided in projects