Adding new components creates a blank component in your project. You can add new modules, forms, and class modules to your project. You are responsible for updating all the properties of the component (such as the name of the component) and for filling in the appropriate code. When naming new components, remember that other developers may want to use your components in future applications. Follow the appropriate naming conventions for your development team.
The new component will be added to your project and will appear in the Project window.