2.3 - Quality of Information

Front

What is valid information?

Back

Correct, up-to-date, and complete information that fits its purpose, such as detailed end-of-year financial data in graphs.

Front

What is biased information?

Back

Technically correct but slanted information that presents a one-sided view, like financial data focusing on profits and ignoring losses.

Front

What is relevant information?

Back

Information appropriate for the required purpose; irrelevant information can hinder decision making.

Front

What is accurate information?

Back

Carefully selected and entirely correct information; inaccuracies can lead to higher costs and missed deadlines.

Front

What is reliable information?

Back

Information from a verifiable and confirmed source, like BBC News, as opposed to social media posts.

Front

How does good quality information impact an organization?

Back

Leads to better strategic decisions, meeting deadlines, and innovation.

Front

What are the positive effects of good quality information?

Back

Informed decisions, innovation, strategic planning, staying within budget, and timely project completion.

Front

What are the negative effects of poor quality information?

Back

Misinformed decisions, missed opportunities, loss of trust, financial issues, and project failures.