You can have the best idea, but still not bring it to a profitable business, choosing the wrong vector of its development. Discovery Phase - a set of works aimed at assessing the cost of project development, and how quickly it can become profitable. Project https://agilie.com/en/blog/discovery- stage-or-what-to-do-if-you-need-an-agile-project-analysis needs to be included in the analysis at a very early stage in order to anticipate all the pitfalls in advance. Accurately determine the future budget for development.
Don't make mistakes
Statistics is a very exact science, the results of which are simply impossible to argue with. The collected data on a variety of projects, which promised promising developments at the initial stage, showed an unexpected result in the future. Oddly enough, even now, many companies continue to make typical mistakes that lead to the following results:
- 7% of all projects are launched with a significant delay in terms of deadlines;
- 17% cause IT companies to fail for a variety of reasons;
- 45%, almost half, well over budget;
- only a few manage to stay within the strict limits of time and finance.
McKinsey's research confirms the sad statistics. The lack of an accurate plan, preliminary, most accurate calculations, regular collision with unforeseen difficulties leads to negative consequences. All this could have been avoided if the work had been entrusted to professionals who could independently assess the risks and accurately calculate all future costs of launching a particular Internet project.
What will a thorough analysis give
An experienced team of specialists is constantly evolving and is flexible enough to fit the rapidly changing IT market. The classic step-by-step approach to completing a given task is outdated. The market is moving too fast, and as the first few steps are taken, the situation can change dramatically. The new method includes:
- Analysis of prospects and evaluation of implementation opportunities.
- The amount of time and money spent on the entire project.
- How quickly you need to complete all development.
Important: the role of specialists is to first determine if there is an economic opportunity and benefit from the implementation of the planned project. If yes, then working out the optimal development path in order to put the idea into practice. Will the IT product be in demand among the potential audience of users.
