Projects are specific tasks that are used to solve specific problems, and they depend on the presence of two starting and ending points, and include a set of components such as the required goals, reliance on a financial budget, and the use of a work team characterized by technical skills to achieve goals. Projects are defined as planned and dependent on a set of information that They are used to establish something or develop an existing thing.

Project attributes and characteristics include:

1. An enterprise has an owner, which can be, in the private sector, an individual or a company, etc., in the public sector, a governmental institution, or a joint sector organization, representing a partnership between the public and private sectors.

2.The project has a specific objective to be achieved within a specified period of time and cost and technical performance.

3. The project is planned, managed and controlled by a dedicated team carried out by the project team implanted within the owner's organization to achieve the objectives as per the specificat
4. The project is, in general, the result of a response to the economics of environments and opportunities. As an example, we find that the consideration of changing the modern lifestyle of small household appliances such as grinders, blenders, etc., for example, refrigerators, washing machines, etc. is constantly increasing. This generates reactions for an opportunity to produce such devices.
5. A project is a project that includes future activities to complete the project within the estimates, This requires a complex budget procedure with a mission.
6. Project implementation involves the coordination of actions / supervision by the project team / manager.
7. The project includes activities to be carried out in the future. As such, it has some inherent risks and, in fact, the implementation process may require some changes in the plan subject to the constraints and approval of the project owner.
8. The project involves highly skilled forecasts with a sound basis for such forecasting.
9. Projects have beginning and end characteristic of life cycle. Organizing changes in the project as it passes through this cycle activities starting from the stage of conception, escalating to the peak during implementation, then returning to the zero level upon completion and presentation of the project

Some examples of a project are:

• Developing a new product or service
• Constructing a building or facility
• Renovating the kitchen
• Designing a new transportation vehicle
• Acquiring a new or modified data system
• Implementing a new business process

Question: Do you agree with the post above? why?