Discuss the cost of quality, Project Management

Discuss the "Cost of Quality" and is ramifications / implications in the organization -

COQ (Cost of Quality) means the financial number brought into play by project management personnel during the pronouncement making procedure. One should also keep in mind the actuality that COQ does not signify the price of putting forward quality goods or facilities; but it throws light on the aggregate costs required to bring poor quality commodities or facilities to the standards recognized by project management. Further, in actual sense it is coined as the price of not being efficient in offering a product or service of acceptable or good quality.

 

 

 

 

 

Posted Date: 3/15/2013 3:52:49 AM | Location : United States







Related Discussions:- Discuss the cost of quality, Assignment Help, Ask Question on Discuss the cost of quality, Get Answer, Expert's Help, Discuss the cost of quality Discussions

Write discussion on Discuss the cost of quality
Your posts are moderated
Related Questions
Question : a) "Total Quality Management is regarded as a quick fix solution by many organizations. This has led many companies to start on the road to total quality improvemen

Q. What if I need more time in my project? A competent as well as professional project manager is always up front with the sponsor or senior management. The meeting perhaps unc

What do you mean by fixed costs? Fixed Cost: Cost may be described as the amount of expenditure incurred upon, or attributable to a specified thing. Fixed costs are such

Advantages of Product Layout - Low Work in Progress Since production is carried on in a pre arranged continuous sequence, the stock of work in progress of materials in transit

Span of management Span of management refers to the number of subordinates who directly report to one superior. If a manager has too many subordinates then his span is wide and

Question 1: Describe briefly how the different system/aids are used to ensure smooth working of the production process. Dispatching. Follow up. Inspection. Corre

Q. Illustrate the Product life cycle? Every food product passes through different phases throughout its life and therefore, the need for development of a new product arises. Ea

Over the years, E has had a number of business successes in the building trade and property development. Her latest venture is to build a hotel in YX town. E has already gained the

What have RAD and extreme programming got in common? What are the claimed advantages of these approaches? Both XP and RAD have as their common intention, and when their primary

It is essential that you study the list below to ensure that you understand the terminology used in assignment and examination questions. The successful outcome of your assessment