Balancing the cost
Understanding that aiming for any given quality standard has a given cost is fundamental to setting realistic objectives for your project. Aim too high and you will incur unnecessary costs. Aim too low and you may not meet your project requirements and could incur extra costs in rectifying the situation.
- Read this article Project Quality Management: Cost of Quality
- As you read the article, think about these questions in relation to your project:
- What are the costs included in the cost of quality for your project?
- What will the costs be if I do not meet the standards required?
WEnote
The article mentions appraisal costs. What appraisal or checks might you put in place for your project and what standard will you measure it against? Post your comment below and then look on the course feed page to see what others have posted.
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Understanding that aiming for any given quality standard has a given cost is fundamental to setting realistic objectives for your project. Aim too high and you will incur unnecessary costs. Aim too low and you may not meet your project requirements and could incur extra costs in rectifying the situation.
Reading
WEnote
The article mentions appraisal costs. What appraisal or checks might you put in place for your project and what standard will you measure it against? Post your comment below and then look on the course feed page to see what others have posted.
You must be logged in to post to WEnotes.
Note: Your comment will be displayed in the course feed.