A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Seventh Edition and The Standard for Project Management (ENGLISH)

Appendix X4

Product

X4.1 INTRODUCTION

There has been a gradual transition in project management concepts over the last decade. Views such as defining success as meeting scope, schedule, and budget objectives have transitioned to measuring value and the outcomes (not the outputs) of the project. Product management is aligned with this value view and adds a longer time frame perspective. These concepts are shown in Table X4-1.

Table X4-1. Views of Project and Product Management

This appendix provides information about product development that raises tailoring considerations for teams to consider. It describes how products and services continue ...