Project Management

Please login or join to subscribe to this thread

Optimal COQ question...

linkedin twitter facebook  
avatar
Lilian Seow Intracorp Projects Ltd. British Columbia, Canada
PMBOK 6th, page 282: why investing in additional prevention/appraisal costs is neither beneficial nor cost effective?
Sort By:
avatar
Kiron Bondale Retired | Mentor| Retired Welland, Ontario, Canada
COQ forces us to balance the benefits of further investment in quality activities against the costs of doing so. Once you have optimized the investment across prevention, inspection & cost of non-conformance, going further won't provide a valuable ROI.

Kiron
...
1 reply by Lilian Seow
Jan 26, 2021 10:59 PM
Lilian Seow
...
Thanks Kiron. I read the sentence again and the "additional" costs and your explanation helps too.
avatar
Lilian Seow Intracorp Projects Ltd. British Columbia, Canada
Jan 26, 2021 7:09 AM
Replying to Kiron Bondale
...
COQ forces us to balance the benefits of further investment in quality activities against the costs of doing so. Once you have optimized the investment across prevention, inspection & cost of non-conformance, going further won't provide a valuable ROI.

Kiron
Thanks Kiron. I read the sentence again and the "additional" costs and your explanation helps too.

Please login or join to reply

Content ID:
ADVERTISEMENTS

I hate music, especially when it's played.

- Jimmy Durante

ADVERTISEMENT

Sponsors