answersLogoWhite

0

Why are projects?

User Avatar

Anonymous

12y ago
Updated: 12/10/2022

Every project has an underlying purpose. Without a purpose, a project is like a boat without a shore to dock. All projects are aimed to help the project sponsor in one way or the another to reduce cost, increase revenue or increase efficiency or ensure transparency etc. Projects may be initiate in response to business' strategy to cater market demand, tackle competition, increase market share, comply with regulation, create a competitive edge, exploit emerging opportunity and many other.

But the bottom-line is that it has to have a purpose.

User Avatar

Lisa Schaefer

Lvl 10
2y ago

What else can I help you with?

Related Questions

Another name for blue sky projects?

Long Range Strategic Projects; Transformation Projects; Visionary Projects; Projects with clear goals or end states; Basic Research Projects; Fundamental Research Projects


Why is there projects?

like projects in school


What is the meaning of de projects?

Of projects


How can you categorize projects into high or low voltage projects?

You can categorize the projects into either low or high voltage projects based on the power consumption.


What are their current projects?

what are tearfund's current projects


What is Marcom Projects?

projects done for client


Is it good to live in the projects?

No it is not good to live in the projects because they have rats and roaches. The projects are gheto which means that the projects have crime, drugs, and low incoms. Which means that the people who lives in the projects they don't have any jobs.


Discretionary project vs non-discretionary project?

Projects where management has a choice in implementing them are called discretionary projects. Projects where no choice exists are called nondiscretionary projects.


How do you write a sentence with the word projects?

This orator projects his voice very well. I have several projects going at once.


Why managing multiple projects better ta?

why managing multiple projects is better than managing single projects


Why information system projects are more complex than conventional projects?

This is not always true. It depends on project. Some times conventional projects are more complex than IS projects. All projects require proper project planning and vision.


Types of project?

Different types of project:- 1. Construction projects, 2. Research projects, 3. Procurement projects, 4. Re-engineering projects, and 5. Business implementation projects. ---------RAJESH KUMAR(Lohrajpur)