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product development vs IT services
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Answer / anjali jain
Product development involves :
1. Idea Generation
2. Idea Screening
3. Concept Development and Testing
4. Business Analysis
5. Beta Testing and Market Testing
6. Technical Implementation
7. Commercialization
Whereas IT Services involves delivery of some key services
e.g. Implementation, Testing, Infrastructure Support,
Database Support etc.
| Is This Answer Correct ? | 14 Yes | 3 No |
Answer / raj chaitanya
IT services is a broad definition that may involve
Infrastructure services, data services, application
development, maintenance, Testing etc.. which may be for an
internal client or external client. Here the
requirements/specifications/service levels are set by
clients, internal or external. Also the term of these
services is definite as specified by the project and the
deliverables are delivered.
whereas Product Development is a specific activity of
development of products where the
requirements/specifications/service levels are decided
internally within the company. The development cycle for a
product is different from that of a regular IT services as
in it depends on the life of a product and how it evolves
and changes over a period of time.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / ravi
Services !! yuk!! improves your management skills
Product development improves you techincal as well as
management skills.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / shri
Product requirements evolve over period of time. Lot of
emphasis on customization. Technically challenging.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / santhoshrv
Product development is not dependent on client but where as
IT services is dependent on client.
| Is This Answer Correct ? | 1 Yes | 3 No |
Answer / sri
Product development involves in all the SDLC activities i.e
requirement gathering,analysis,design,code
building,testing ,implementation and maintanance where as
incase of IT services you will be given work in pieces and
you may not require to follow entire SDLC procesess,like
attending the calls from customer,resolve the issues in a
given amount of time and update the status/escalate if you
can not resolve the issue in a given amount of time.
| Is This Answer Correct ? | 3 Yes | 22 No |
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You are working on a project that will upgrade the phone system in your customer service center. You have used bottom-up estimating techniques to assign costs to the project activities and have determined the cost baseline. Which of the following is true? A. You have completed the Cost Estimating process and now need to complete the Cost Budgeting process to determine the project's baseline. B. You have completed the Project Plan Development process and established a project baseline to measure future project performance against. C. You have completed the Cost Estimating process and now need to complete the Project Plan Development process to establish a project baseline to measure future project performance against. D. You have completed the Cost Budgeting process, and the cost baseline will be used to measure future project performance.
Which of the following are the outputs of the Contract Closeout process? A. Project archives, formal acceptance and closure, contract file B. Contract file, formal acceptance and closure C. Project archives, contract file D. Contract file, formal acceptance and closure, lessons learned
What are the different software reengineering activities?
All of the following are tools and techniques of the Integrated Change Control process except: A. Configuration management B. Performance measurements C. Change requests D. Additional planning
This tool and technique of Quality Control keeps errors from reaching the customer: A. Inspection B. Prevention C. Corrective action D. Performance measurement
PERT is: A. The longest path B. A weighted average technique C. A simulation technique D. Widely used in practice to determine schedule durations
Lessons learned are used for all of the following except: A. To provide historical information that you can review during your next project B. To document employee performance C. To identify successes and failures on the project D. To record the causes of performance variances
You are going to take some performance measurements for your current project. You know that PV = 450, AC = 500, and EV = 375. What is the CV and SV respectively? A. CV = 125, and SV = 75 B. CV=-75, and SV=-125 C. CV = 75, and SV = 125 D. CV=-125, and SV=-75
What are the initiation process outputs? A. Project charter, identification and assignment of project manager, constraints, and project overview documents B. Project charter, project overview, feasibility study, and constraints C. Project charter, identification and assignment of project manager, constraints, and assumptions D. Identification and assignment of project manager, project overview, constraints, and assumptions
What are the skills required to be a project manager? Followup question, Rate yourself in each of the skill with examples.
18 Answers Cognizant, Microsoft,
Design Patterns 
