Tech companies use a Product approach. They treat every service or software component as an individual part of an offering. For example, a website is a product with multiple sub-products: Navigation, Content, Payments, Subscriptions, etc.
And then we have non-tech companies trying to jump onto the train of products and leave the ‘Project’ mentality behind. Why? Products are customer-centric and better fitted for our current society.
However, Projects shouldn’t be forgotten entirely, as they still are suited for certain activities.
Here are ten fundamental differences between projects and products:
