Process: a series of actions bringing about a result. Process is repeatable within an organization.
Project: a project is a temporary endeavor undertaken to create a unique product or service. The project life cycle refers to a logical sequence of activities to accomplish the projects goals or objectives.
Program: a program is a group of projects managed in a coordinated way to obtain benefits not available from managing them individually. Sometimes a program management and a project management can be treated as synonyms. A program management can also be treated as superset of subset of project management depend on situations.
Product: The life cycle lasts from the conception of a new product to its withdrawal.
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