By Fatskills Exam Guides Team — the exam nerds behind 28,500+ quizzes and 2.1M practice questions across 500+ global exams.
Quality Management is a critical component of project management that ensures the project meets the required standards, is defect-free, and delivers the expected value to stakeholders. In the context of a software development project, for instance, Quality Management involves identifying and mitigating risks, conducting regular testing, and ensuring that the final product meets the customer's requirements. A real-world example is a construction project where the project manager must ensure that the building meets the required safety standards, is completed on time, and within budget.
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