What Are Different Types of Standards That a Project May

question 94

Essay

What are different types of standards that a project may need to adhere to.

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Definitions:

Sustainable Competitive Advantage

A unique value or position a company maintains over its competitors that is difficult to replicate or overcome.

Consumer Satisfaction Surveys

Techniques and methodologies used to gather feedback from consumers about their level of satisfaction with a product or service.

Operational Excellence

An element of organizational leadership that focuses on meeting customer expectations through the continuous improvement of the operational processes and systems.

Supply Chain Management

The management of the flow of goods and services, involving the movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption.