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
Hi, I need help in learning and solving 20 questions numerical which involves PM techniques from selection, planning, execution and controlling techniques. I want to know how can

HyperAV is a Manchester based company which is a retailer of home cinema equipment. They sell a variety of products including speakers, amplifiers, Blu-ray/DVD players and cables.

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

You are creating a customer database for the Winston-Salem Warthogs

QUESTION a) The purpose of project management is to achieve successful project completion with the resources available. Regardless of the method that is used to handle a projec

Are you able to assist with assignments mid terms finals at a masters level

why is project cost considered the most important factor in project management?

External Factors Opportunity This plan will build a good image for Maribyrnong Council, even Melbourne. The opportunity for Maribyrnong Council, there maybe will attrac

How is Inventory control worked for an optimum balance between competing objectives? Inventory control is related with achieving an optimum balance in between two competing obj

Greater Possibility of Space Utilization There will be a greater productive utilization of the floor area under this type of layout. Due to lesser need for temporary storage o