Discuss the cost of quality, Project Management

Assignment Help:

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.

 

 

 

 

 


Related Discussions:- Discuss the cost of quality

The range of internal possibilities, Describe the range of internal possibi...

Describe the range of internal possibilities that exist for an organisation wishing to fill a job vacancy. A number of internal possibilities exist for recruitment, short listi

Project manager, Understanding the different models of project manage. How ...

Understanding the different models of project manage. How is projectized different from managing and controlling task.

Bidding , Bidding is a process in which you  quote money in exchange of go...

Bidding is a process in which you  quote money in exchange of goods or services through an auction. They are two types of auctions: open auction and silent auction. In an open auc

What do you mean by variable costs, What do you mean by variable costs? ...

What do you mean by variable costs? Variable costs conversely, tend to vary directly along with the volume of output. Illustrations of variable cost are as given below: direct

Six sigma, doing research for six sigma

doing research for six sigma

What are the key stages to risk management, Question 1: You have been r...

Question 1: You have been requested by top management to develop projects for enhancing the effectiveness of human resources within your company. Write down a proposal in resp

Explain about the process of managing risk, Explain about the process of ma...

Explain about the process of managing risk. A process of managing risk: 1. Risk committee establish to address risk issues categorised for example usual risk audits, to estimat

Good project planning, Over the years, E has had a number of business succe...

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

Advantages of procedures-planning function, Advantages of Procedures 1) P...

Advantages of Procedures 1) Procedures enhance efficiency. The sequence of steps for any operation have been laid out in advance and one only needs to follow the analysis to proc

Components of strategy, Components of Strategy Strategy has four basic ...

Components of Strategy Strategy has four basic components: Scope: which refers to the position the firm wants to have in relation to its environment. Resource deploym

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd