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    Got Questions? We’ve Got Answers! Your FAQ Guide.

    FAQ’S

    What are ISO standards?

    ISO standards are internationally recognized guidelines and specifications developed by the International Organization for Standardization (ISO). ISO is an independent, non-governmental international organization composed of national standards bodies from different countries. ISO standards cover various fields and industries and are designed to provide best practices, consistency, and harmonization in processes, products, and services worldwide.

    Why are ISO standards important?
    1. Enhancing quality
    2. Facilitating international trade
    3. Ensuring safety and reliability
    4. Improving efficiency and productivity
    5. Mitigating risks
    6. Enhancing sustainability
    7. Building trust and credibility
    How can my organization benefit from implementing ISO standards?
    1. Enhanced quality and customer satisfaction
    2. Increased market access and business opportunities
    3. Risk mitigation and compliance
    4. Continuous improvement culture
    5. International recognition and reputation
    6. Improved efficiency and productivity
    7. Employee engagement and satisfaction
    How long does it take to implement ISO standards?

    The time it takes to implement ISO standards can vary depending on several factors, including the size and complexity of your organization, the specific ISO standard(s) being implemented, the level of existing processes and documentation, available resources, and the commitment and readiness of your organization to undergo the implementation process.

    How much does it cost to implement ISO standards?

    The cost of implementing ISO standards can vary significantly depending on several factors, including the size and complexity of your organization, the specific ISO standard(s) being implemented, the level of existing processes and documentation, available resources, and the approach taken for implementation.

    When is transaction advisory required?

    Let us start with advisory, it is required so that the decision makers have the capacity to decide on or implement an activity. One will not require advice on something obvious, and since one cannot know or do everything, experts are required to guide to minimize the risks involved. Transaction advisory is therefore necessary in complex transactions. Complexity may be in terms of scale of resources required like a huge capital outlay or by the number of stakeholders involved who may sometimes have competing interests.

    Why is it necessary to engage a project management advisor?

    Once a project has been decided on, it is important that it is planned and effectively implemented within time, as per specifications and within budget. As the owner of the project, a company will need a trusted advisor to ensure that the project is being implemented as envisaged. This becomes even more critical when projects are mission critical, say for example, in a digital transformation project that involves new software installation and implementation. The role of a project management advisor is to provide guidance, support, and advice to the customer and project teams to ensure the successful planning, execution, and completion of projects.

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