Scribd Logo
Upload

Welcome to Scribd!

  • 13 views

    Mod - 1 - B - Project Lifecycle V Product Lifecycle

    Uploaded by

    Asmita Wankhede Meshram
    The document compares and contrasts a project lifecycle with a product lifecycle. A project lifecycle involves defining the scope, schedule, and costs upfront and following a predictive "waterfall" approach or an adaptive iterative approach. In contrast, a product lifecycle is specific to industries and may involve multiple projects over its cycle. The product lifecycle is illustrated using the Boston Consulting Group matrix showing market share and business growth stages.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Mod - 1 - B - Project Lifecycle V Product Lifecycle

    Uploaded by

    Asmita Wankhede Meshram
    13 views6 pages
    The document compares and contrasts a project lifecycle with a product lifecycle. A project lifecycle involves defining the scope, schedule, and costs upfront and following a predictive "waterfall" approach or an adaptive iterative approach. In contrast, a product lifecycle is specific to industries and may involve multiple projects over its cycle. The product lifecycle is illustrated using the Boston Consulting Group matrix showing market share and business growth stages.

    Original Title

    Mod_1_B - Project Lifecycle v Product Lifecycle (1)

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document compares and contrasts a project lifecycle with a product lifecycle. A project lifecycle involves defining the scope, schedule, and costs upfront and following a predictive "waterfall" approach or an adaptive iterative approach. In contrast, a product lifecycle is specific to industries and may involve multiple projects over its cycle. The product lifecycle is illustrated using the Boston Consulting Group matrix showing market share and business growth stages.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    13 views6 pages

    Mod - 1 - B - Project Lifecycle V Product Lifecycle

    Uploaded by

    Asmita Wankhede Meshram
    The document compares and contrasts a project lifecycle with a product lifecycle. A project lifecycle involves defining the scope, schedule, and costs upfront and following a predictive "waterfall" approach or an adaptive iterative approach. In contrast, a product lifecycle is specific to industries and may involve multiple projects over its cycle. The product lifecycle is illustrated using the Boston Consulting Group matrix showing market share and business growth stages.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 6

    Project Lifecycle

    vs.
    Product Lifecycle

    1
    Project Lifecycle
    • Project Lifecycle: How a project unfolds over
    time

    Predictive Adaptive
    • Project Scope, Schedule • Detailed Scope is
    & Cost defined early in defined before each
    the project iteration
    • “Waterfall” • Iterative, Incremental,
    Change-Driven
    • “Agile”

    2
    Project Lifecycle
    • PMBOK Guide 6, Fig 1-5

    Business
    Need & Detailed Plan of
    Project Scope, Schedule Deliver to
    Objective Cost Build the Product, Service or Result Customer
    3
    Product Lifecycle
    • Product Lifecycle is not the same as Project
    Lifecycle
    – Product Lifecycles are industry-specific
    – A Product Lifecycle might involve many projects

    4
    Product Lifecycle
    • Boston Consulting Group Matrix
    Business Growth

    Question Marks Rising Stars

    Old Dogs Cash Cows

    Market Share 5
    Product Lifecycle
    • Boston Consulting Group Matrix

    Clinical Trials Product Development


    Market Research
    Business Growth

    Staff Training
    New Business Startup Sales Campaigns

    Feature Upgrades
    Maintenance
    Cost-Saving Initiatives
    Staff Re-deployment
    Service Improvements

    Market Share 6

    You might also like