in 150 words summarize and rephrase this article, and write one sentence the most takeaway and one-sentence criticism from this article (The Quality Management Plan in Project Management)

The Quality Management Plan in Project Management by William Malsam | Apr 14, 2022 Project managers know all about the triple restraint: time, scope and cost. But truthfully, there should be a fourth restraint: quality. The quality of your work can make or break a project, which is why a quality management plan is so important.

If you deliver on time and under budget, but the quality doesnt meet your stakeholders expectations, the project is not a success. Lets explore the impact a quality management plan can have on a project, how to make one and look at some templates to get you started.

What Is a Quality Management Plan? A quality management plan is a document that helps the project manager and the project team execute quality management and quality assurance actions. Quality, in the context of project management, is fulfilling the project requirements and meeting the customers needs.

An overall project plan will include a quality management plan, which describes the activities you will apply throughout the projects life cycle to meet its quality objectives. You also describe these activities (and the resources you need to put them into action) in the quality management plan.

Its foolish to expect quality without planning for it. Quality is intentional and requires skillful execution. A quality management plan is the first step to defining and codifying the steps necessary to achieve the quality expectations of the project. This is best done with project management software that can organize and share the plan with the project team.

ProjectManager is cloud-based work and project management software that has multiple project views that let you create and execute your quality management plan. Project managers can build the quality plan on Gantt charts, which link dependencies, add milestones and even filter for the critical path. Then, teams can execute the plan on kanban boards and task lists. Every work view is updated in real time for a single source of truth. Get started today for free. Why Is a Quality Management Plan on a Project Important? A quality management plan is an essential component to delivering a successful project for your stakeholders. But its not just one project that benefits from a quality management plan. Customers expect consistency, and by having a plan in place to maintain a quality production for whatever product or service youre manufacturing, you can consistently meet their quality expectations.

Quality management is also not limited to the project team. When everyone in the organization understands the plan, efficiency increases. While its of paramount importance that everyone involved in the manufacturing process uses the quality management plan for guidance, having all departments familiar with the plan boosts efficiency and creates a shared goal understood by all.

When you create a quality product or service, customers are going to take notice. The market is competitive, and quality is something that makes your brand stand out. A quality management plan helps you deliver consistent quality. That, in turn, makes customers loyal to your product or service. Loyal customers lead to brand value; and that means profitability.

Of course, nobodys perfect, which is another reason why a project needs a quality management plan. Having guidelines and principles for your business processes means that everyone knows what to do. This creates a roadmap that reduces human error. The fewer mistakes, the less time and money you have to spend on the project.