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Leadership for Project Managers

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Product

An output created by the project that can be measured or counted. It may be the final item delivered or a component of a larger whole. Products are often called materials or goods. Related term: deliverable.

Key Points

  • A product is a quantifiable item produced by project work, either standalone or part of a bigger item.
  • Common synonyms include materials and goods; a product is the thing produced, while a deliverable is what is promised to a stakeholder.
  • Products carry requirements, specifications, and acceptance criteria and are managed through configuration control.
  • Products often appear in the WBS as nouns and may be assembled from multiple component products.

Example

On a construction project, a prefabricated steel beam is a product. Many such beams, plus fasteners and panels (also products), are assembled into the final structure that is delivered to the client.

PMP Example Question

Which of the following best illustrates a product in a project context?

  1. Help desk support provided after go-live
  2. A measurable, prefabricated wall panel used in the building
  3. The benefit of reduced processing time after deployment
  4. The process of creating the risk management plan

Correct Answer: B — A measurable item produced by the project, which can be an end item or a component

Explanation: A product is a quantifiable item created by the project. Options A and D describe services or processes, and C is a result or benefit.

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Launch your Agile career!

HK School of Management helps you master Agile and Scrum—faster. Learn practical playbooks, AI-powered prompts, and real-world workflows to plan smarter, deliver sooner, and keep stakeholders aligned. For the price of lunch, you’ll get templates, tools, and step-by-step guidance to level up your projects. Backed by our 30-day money-back guarantee—zero risk, clear path to results.

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