Description
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Cost of Quality |
The cost of quality is the additional investment done to maintain the standard of quality (conformance) as compared to non-conformance. It usually comprises of prevention, appraisal (measuring, auditing inspecting, testing, etc.), and failure costs (meeting requirements of product and service).
It belongs to the tool category – Data analysis
Where it is Used
Process Groups
Planning
Knowledge Areas
Project Cost Mgmt.
Project Quality Mgmt.
Activities
Estimate Costs
Plan Quality Management
Process Group | Knowledge Area | Activity |
Planning | Project Cost Mgmt. | Estimate Costs |
Project Quality Mgmt. | Plan Quality Management |
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