The standard for project management

Procurement Strategy. 

The approach by the buyer to determine the project delivery method and the type of legally 

binding agreement(s) that should be used to deliver the desired results.

Product. 

An artifact that is produced, is quantifiable, and can be either an end item in itself or a component item. 

Additional words for products are material and goods. See also deliverable.

Product Analysis. 

For projects that have a product as a deliverable, it is a tool to define scope that generally means 

asking questions about a product and forming answers to describe the use, characteristics, and other relevant aspects 

of what is going to be manufactured.