1 of our books and 1 talk define this term — and their definitions are worth reading side by side.
In a traditional project model, the teams are organized temporarily to achieve specific project goals and then disbanded, leaving no formal owners for what was created during the project
— Project to Product Transformation, in the text, Ross Clanton, Amy Walters, Pat Birkeland, Mik Kersten, Alan Nance, Anders Wallgren & Jason Zubrick
operating fully in a project model. That means all work, except perhaps run work, is done in projects with an annual funding model
— Carmen DeArdo, Naomi Lurie · Navigating the Five Stages of a Project to Product Transformation, Europe 2022 · at 4:12
Filed under Product & Business