The Importance of Quality Information in Project Management

1393 WordsJan 29, 20186 Pages
INTRODUCTION In order to complete various projects, researches, reports, and most day to day work one should have knowledge of whatever it is before deciding whether or not they should follow through with its completion. This is essentially important in scientific environments where facts are more valued than assumptions because they have an influence on the results .It is very often risky and irresponsible to go into a project without good information about it because the outcomes may be harmful and are not guaranteed. When collecting information it is necessary to evaluate the information with respect to other sources and personal discretion. In order to check the accuracy of the information one should also ask more than one trusted source so that they may be better assured. The quality of information has a substantial influence on decision making and how far a project will go in completion. This quality also helps in modelling the final product. Information Quality After identifying the main goal, outcomes, and objectives of the research it is necessary to assess the quality of information that has been obtained to carry out the research. Following the collection of data there are various aspects that need to be analysed before it is used. This process is similar to a refining process where the credibility of the information is reviewed. Each step is aimed to improve the quality of the results. Various elements need to be checked before the data is used. Processes of
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