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A joint venture is best technique to carry out program (or large project), why?

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Question added by Muhammad Arshad Iqbal , Services Manager , Farnek Facilities Management
Date Posted: 2013/11/30
Deleted user
by Deleted user

Yes Mumammad its best technique if its not handled by  a big coroporate because normally big corporates have funding, man power and facilities to carry out large projects. For achieving success in ambitious or large projects if two companies or corporates join hands and do a joint venture many things can be equally divided to form a force to achieve success which alone companies sometimes doesnt acheive and it can reduce pressure as well.

Nadeem Ghumro
by Nadeem Ghumro , Risk Assessment Analyst , High Commission of Canada

A joint venture bring synergy to large project by way of creating a pool of talent/skills/expertise  within Joint Venture partner to smoothly and successfully carry out a large project or any viable project.

Keegan Sequeira
by Keegan Sequeira , Independent Contractor – Website Design and Content Management , Marvin Jeter, Education Consultant / Ice House Alley Warehouses / A Grand Affair

Yes, I agree. A joint venture is usually the best way to tackle a large project. Consulting organizations are probably the best bet when it comes to large scale implementations.