Mathematical tools in quality engineering - Application in PM

According to the principles of traditional management, three criteria are used to assess the success of a project: time, cost and quality. The quality of the management process can also be seen as something of an abstract nature, but in fact it is related to the performance parameters within which a process should run so as to generate revenues and to be implemented in the best conditions. Therefore, one can state that project quality management is related to client satisfaction, observing the project specifications, solving the problems that may appear (in this respect we can speak about risk management and about a risk response strategy), the proper exploitation of the project and the beneficiary¿s satisfaction or insatisfaction. The main economic, financial and performance indicators can reveal the project development and a risk management plan can be drawn up based on them.