In discussions, the debate often centers on which is better: a project or a product organization.
This nice infographic, prepared by Dandy People contrasts project and product organizations, highlighting their strategic objectives, governance, execution, and cultural differences. It’s quite easy and gives a bird’s eye view.
๐๐๐ซ๐จ๐ฃ๐๐๐ญ ๐ฏ๐ฌ. ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ซ๐ ๐๐ง๐ข๐ณ๐๐ญ๐ข๐จ๐ง
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๐ธ๐๐ณ๐ช๐ฎ๐ข๐ณ๐บ ๐๐ฃ๐ซ๐ฆ๐ค๐ต๐ช๐ท๐ฆ: Projects focus on delivering defined solutions within set parameters, while product organizations emphasize continuous value creation and adaptability.
๐ธ๐๐ฐ๐ณ๐ฆ ๐๐ข๐ญ๐ถ๐ฆ๐ด: Projects prioritize predictability and efficiency, whereas products value learning and long-term growth.
๐ธ๐๐ธ๐ฏ๐ฆ๐ณ๐ด๐ฉ๐ช๐ฑ ๐ข๐ฏ๐ฅ ๐๐ค๐ค๐ฐ๐ถ๐ฏ๐ต๐ข๐ฃ๐ช๐ญ๐ช๐ต๐บ: Project Managers oversee delivery, while Product Owners are responsible for overall product success and strategy.
๐ธ๐๐ถ๐ฏ๐ฅ๐ช๐ฏ๐จ ๐๐ฐ๐ฅ๐ฆ๐ญ: Projects receive one-time funding based on business cases, while product organizations benefit from ongoing funding linked to performance.
๐๐๐๐๐ฆ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ ๐๐ง๐ ๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐
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๐ธ๐๐ฆ๐ข๐ฎ ๐๐ต๐ณ๐ถ๐ค๐ต๐ถ๐ณ๐ฆ: Project teams are temporary and often lack cohesion, while product teams are long-lasting, collaborative, and self-managing.
๐ธ๐๐ฏ๐ฐ๐ธ๐ญ๐ฆ๐ฅ๐จ๐ฆ ๐๐ฆ๐ต๐ฆ๐ฏ๐ต๐ช๐ฐ๐ฏ: Knowledge may dissipate after project completion, whereas product teams accumulate and retain knowledge over time.
๐ธ๐๐ญ๐ฆ๐น๐ช๐ฃ๐ช๐ญ๐ช๐ต๐บ ๐ข๐ฏ๐ฅ ๐๐ฅ๐ข๐ฑ๐ต๐ข๐ฃ๐ช๐ญ๐ช๐ต๐บ: Product organizations adapt their roadmaps based on customer feedback, while project organizations adhere strictly to initial plans.
๐๐๐ฎ๐๐ฅ๐ข๐ญ๐ฒ ๐๐ง๐ ๐๐๐๐ก๐ง๐ข๐๐๐ฅ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ
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๐ธ๐๐ถ๐ข๐ญ๐ช๐ต๐บ ๐๐ฐ๐ค๐ถ๐ด: Projects may compromise quality for speed, leading to technical debt, while product teams prioritize quality and actively manage ongoing maintenance.
๐ธ๐๐ฐ๐ท๐ฆ๐ณ๐ฏ๐ข๐ฏ๐ค๐ฆ: Project decisions are made by steering committees, while product decisions are driven by user needs and strategic hypotheses.
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This summary encapsulates the fundamental distinctions between project and product organizations, emphasizing their differing approaches to strategy, team dynamics, and quality management.
#ProjectManagement #ProductStrategy #ExecutionExcellence #DeliverySuccess #TeamCulture #AgileMethodology #StrategicPlanning #LeadershipDevelopment #InnovationInExecution #CollaborationMatters
