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The term artifact in connection with software development is largely associated with specific development methods or processes e.g., Unified Process. This usage of the term may have originated with those methods.

An artifact is one of many kinds of tangible byproduct produced during the development of software. Some artifacts e.g., use cases, class diagrams, and other UML models, requirements and design documents help describe the function, architecture, and design of software. Other artifacts are concerned with the process of development itself - such as project plans, business cases, and risk assessments. Build tools often refer to source code compiled for testing as an artifact, because the executable is necessary to carrying out the testing plan. Without the executable to test, the testing plan artifact is limited to non-execution based testing (verification). In non-execution based testing, the artifacts are the walkthroughs, inspections and correctness proofs. On the other hand, execution based testing (validation) requires at minimum two artifacts: a test suite and the executable. An artifact occasionally may be used to refer to the released code (in the case of a code library) or released executable (in the case of a program) produced but the more common usage is in referring to the byproducts of software development rather than the product itself. Open source code libraries often contain a testing harness to allow contributors to ensure their changes do not cause regression bugs in the code library.

Much of what are considered artifacts is software documentation.

Artifacts vary in their maintainability. Maintainability is primarily effected by the role the artifact fulfills. The role can be either practical or symbolic. In the earliest stages of software development, artifacts may be created by the design team to serve a symbolic role to show the project sponsor how serious the contractor is about meeting the project's needs. Symbolic artifacts often convey information poorly, but are impressive-looking. Symbolic artifacts are sometimes referred to in the information architecture industry as Illuminated Scrolls, because the decorations do nothing to enhance understanding. Generally speaking, Illuminated Scrolls are also considered unmaintainable due to the diligence it requires to preserve the symbolic quality. For this reason, once Illuminated Scrolls are shown to the project sponsor and approved, they are replaced by artifacts which serve a practical role. Practical artifacts usually need to be maintained throughout the project lifecycle, and, as such, are generally highly maintainable.

Artifacts are significant from a project management perspective as deliverables. The deliverables of a software project are likely to be the same as its artifacts with the addition of the software itself.

The sense of artifacts as byproducts is similar to the use of the term artifact in science to refer to something that arises from the process in hand rather than the issue itself i.e., concerned with the means rather than the end.

Kroll, Per; Kruchten, Philippe (2003). The Rational Unified Process Made Easy: A Practitioner's Guide to the RUP. ISBN 0-321-16609-4.