Cost of conformance - Study guides, Class notes & Summaries

Project Management Quality Management Questions and answers latest update Which of the following is not part of the generally accepted view of quality today? A. Defects should be highlighted and brought to the surface. B. We can inspect quality. C. Improved quality saves money and increases business. D. Quality is customer-focused. We can inspect quality. In today's view of quality, who defines quality? Customers Which of the following are tools of quality control? A. Sampling...

Contingency Correct Answer-An event or occurrence that could affect the execution of the project, which may be accounted for with a reserve. Contingency Reserve Correct Answer-Time or money allocated in the schedule or cost baseline for known risks with active response strategies. Constraint Correct Answer-A limiting factor that affects the execution of a project, program, portfolio, or process. Conformance Correct Answer-The degree to which the results meet the set quality requirements...

Information Technology Project Management 8th - Chapter 8 Questions and Answers 100% Pass 5 whys - Correct Answer ️️ -A technique in which you repeatedly ask the question "Why?" to help peel away the layers of symptoms that can lead to the root cause of a problem acceptance decisions - Correct Answer ️️ -Decisions that determine if the products or services produced as part of the project will be accepted or rejected appraisal cost - Correct Answer ️️ -The cost of evaluating ...

GMS 401 MIDTERM 2 QUESTIONS WITH VERIFIED ANSWERS What is Managing Quality? Managing quality supports differentiation, low cost, and response strategies What does quality do? Quality helps firms increase sales and reduce costs Quality Definition The totality of features and characteristics of a product or service that bears on its ability to satisfy stated or implied needs. Quality improves Profitability through sales gains by? 1. improved responses 2. Flexible Pricing 3.Imp...

MAR 3203 Exam 3 UCF LATEST UPDATE GRADED A+ Prevention cost incurred to prevent or avoid quality problems; design, implementation, maintenance Examples of prevention costs product or service requirements, quality planning, quality assurance, training Appraisal costs associated with measuring and monitoring activities related to quality; suppliers & customers evaluation of purchased materials, processes, products and services Examples of appraisal costs verification, quality aud...

C215 Final Exam Study Guide Operation Management (Western Governors University) C215 Final Exam Study Guide 2022/2023 lOMoARcPSD| Operations Management C215 Study Guide Competency 1: Quality Management Methods (16%) Chapter 5: Total Quality Management  Total Quality management (TQM) Philosophy o TQM focuses on identifying quality problem root causes o Encompasses the entire organization o Involves the technical as well as people o Relies on seven basic concepts of  Customer foc...

A root cause of a nonconformance is defined as a problem that (A) is discovered by conducting designed experiments (B) is established through the use of fishbone diagrams (C) must be reviewed by the material review board (D) must be corrected in order to prevent a recurrence correct answers (D) must be corrected in order to prevent a recurrence When lower-tier documents are compared to higher-tier documents before the fieldwork starts, the comparison is called a (A) desk audit (B)...

Information Technology Project Management 8th - Chapter 8 Questions and Answers 100% Pass 5 whys - Correct Answer ️️ -A technique in which you repeatedly ask the question "Why?" to help peel away the layers of symptoms that can lead to the root cause of a problem acceptance decisions - Correct Answer ️️ -Decisions that determine if the products or services produced as part of the project will be accepted or rejected appraisal cost - Correct Answer ️️ -The cost of evaluating ...

CIPS LATEST UPDATE WITH COMPLETE SOLUTIONS Tender Process Determine style of tender Prepare invitation -include info so all bidders understand the need and send a suitable bid Send ITT using suitable platform Receive bids - any bids after deadline date should be disregarded. Evaluate the bids. Check they meet the required expectations, disregard bids that are incomplete or bids that are not the correct standard. Evaluate the bids against the criteria and score. Use a cross functional...

Competitive priorities Ans: 1. cost 2. quality 3. speed/time 4. flexibility Value Ans: what i get/price Productivity Ans: what i make/cost SCM key components Ans: 1. Procurement 2. Operations 3. Logistics Procurement Ans: Buy it: process of obtaining services, supplies, and equipment in conformance with corporate regulations Operations Ans: Make it: makes business processes effective and efficient. They help the organization create high quality products/ services using the fe...