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Managers must know how to coordinate people and other resources to achieve the organization's goals and objectives. The resources in total are, material, human, financial, and informational resources.

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Scope of retail management in future?

The scope of retail management is set to change in the future. This is due to the rise of automation.


Does configuration management maintain consistency of a product?

Configuration management is a branch of management whose sole purpose is to maintain the consistency in quality of a product. By instituting this specialization into a business, companies can expect to see a rise in customer satisfaction with product, which ultimately results in increased profits,


Is risk management and quality management the same?

No. They are two totally different knowledge areas in Project Management.Project Risk Management:Any work, that is done will always have some uncertainties that give rise to project risks, which need to be managed. A project risk is an event that, if it occurs, has a positive or negative effect on meeting the project objectives. The primary purpose of project risk management is to identify the risks and respond to them should they occur.The goal of risk management is to help meet the project objectives and to help avoid/handle situations that might compromise the project schedule or outcome.Project quality managementProject quality is defined as the degree to which a project satisfies its objectives and requirements. For example, a high-quality project is a project that is completed on time and with all the work in the project scope completed within the planned budget.


How long does it take to be trained as a management training consultant?

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How important is it for a project manager to be ‘proactive’?

By very nature, projects are unpredictable. Hence, it is essential that a manager anticipates problems that can occur and plans ahead. Your answer then has to reflect the importance you attach to proactive project management. Show the interviewer that you can handle risks and rise to the challenges that can occur during the course of the project.

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