Why is keeping stakeholder happy important? - Keeping shareholders happy and meeting their expectations will certainly reduce the risk of negative influences affecting your project., What is the role of a project manager? - As a project manager, you'll need to track work to be completed, set deadlines and delegate tasks to your project team, identifying any potential risks., What is a stakeholder? - A stakeholder has a vested interest in a company and can either affect or be affected by a business' operations and performance. Typical stakeholders are investors, employees, customers, suppliers, communities, governments, or trade associations., Why is it important to keep in budget? - To make sure you don't over spend and the project doesn't fold. , What is a project? - A project is a problem scheduled for solution., What is project management? - Project management is the planning, scheduling and controlling of project activities to meet project objectives. The major objectives that must be met include performance, cost and time goals, while at the same time you control or maintain the scope of the project at the correct level., What does SMART stand for? - Specific, Measurable, Achievable, Realistic, Timely, What is quality control? - Quality control is a process through which a business seeks to ensure that product quality is maintained or improved. Quality control requires the company to create an environment where management and employees strive for perfection., What is quality assurance? - Quality assurance is making sure there are no quality issues in the products., What is research and development? - Research and development is where , in a project, you research the tasks you have to carry out and make sure you are completing them in the fastest and most efficient way possible, What is a matrix project team - In a matrix organisation, there is a structured hierarchy of authority while team organizations give employees executive decision making abilities., Why is documentation important? - This is because it keeps track of all information whether it be income and outcome or employee wage., What is the kaizen approach?,

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