Podcast Beta
Questions and Answers
Explain three advantages of using formal project management.
The three advantages are better control of financial, physical, and human resources; improved customer relations; and shorter development times.
What are the benefits of improved customer relations in project management?
Improved customer relations can lead to increased customer satisfaction, repeat business, and positive referrals, ultimately contributing to the success of the project.
How does formal project management contribute to higher productivity?
Formal project management can contribute to higher productivity through better coordination, resource optimization, and efficient task allocation, resulting in improved output within the same time frame.
