It
is known that the new projects constitute a journey from the owner of
the project to the unknown, as any new commercial project is likely to
gain or lose, depending on several factors, including the size of the
offer and demand of the market and the efficiency of competitors and
other factors that pose a major challenge to any new project owner, New,
simple and unconventional opportunities to increase the presence of the
project and compete strongly. The following is a presentation of the most important success factors of new projects.
1. Project start time:
The
time factor has a significant impact on the success of any new project,
but the most important factors on which the success of this project
depends. It is best if the product or service provided by the project
solves a specific problem for the client at the time of starting the
project or even makes the client's life better. This comes in the
context of what Bill Groos, the founder of the IdeaLab site, confirmed
that the timing factor alone affects the project's failure or success by
42%. Where
a certain company started the video on the Internet in 1999 and this
idea was a new time and completely different and attracted everyone who
heard about it so that the company has used a number of Hollywood stars
to make videos, but the wind comes not to desire ships where the company
declared bankruptcy in 2003 because of a mistake in estimating the
timing of the start of the project, because at that time the person who
wanted to watch any video had to enter the video codec manually first,
which led to the failure of the whole topic, but later in 2005 when the
use of the Internet became easier, Launch Encoding Videos
that made it easier for anyone to watch online videos, which led to the
success of YouTube and make it the first site to watch videos in the
world now. Therefore,
it is necessary to study the willingness of the consumer and the market
to present the idea of any new project from Aida to ensure the
success of this project.
2- Forming a working team:
One
of the factors affecting the success of any project is the formation of
a working team, as this factor affects 32% of the project. It is
essential that the project team includes a group of expertise,
capabilities and skills in all areas related to the project in full to
know all aspects to ensure the success of the project.
3- Business strategy:
The
work strategy affects the success of any new project by 24%. It is
necessary to make a good strategy for the project in terms of using all
resources available to the project at the lowest cost possible in the
shortest possible time, but with high quality. This needs to be defined
and the objective to be reached. To ensure the success of the project
idea.
4. Capital used in the project:
There
is a misconception that the financing of the new project is the most
important factor in the success of this project. However, as noted
above, the timing factor for starting the project is the main factor, as
there are often large capital projects.
There
are many sources of good capital for any project, for example, when the
feasibility study is ideal and promising and put all the strengths and
weaknesses of the project and strategies of action there are a lot of
government agencies and private institutions that are willing to finance
such projects and ensure that they benefit the individual and society.
5 - control and control:
Where
at the outset in the implementation of the idea of any project, the
larger the project, the greater the challenges and problems At this
time, the factor of control and self-control is an important factor as
the pressure on the owner over time, leading to increased fear and
anxiety and tension and here should be used to maximum restraint Degree
and bear pressure on the shoulders to reach the idea and legitimate to
where he wants and then achieve a goal.
Continuous learning:
The
owner of any project should always read and learn and learn everything
new in a legitimate field where there are a lot of entrepreneurs who
knew nothing about the field of their projects before, but continuous
learning earns the individual more experiences than making it compatible
with everything new in the field of childbirth And intelligence in how
to deal with any problem or something that happens legitimate.
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