Cost of Quality | From an Expense into a Profit Center - Cost of Quality | | Quality Magazine
Many manufacturing organizations evaluate the cost of quality by considering only the upfront price of a software solution, better measurement gauges, or enhanced inspection strategies. But poor quality is the source of significant …The Cost of Good Quality (CoGQ) The cost incurred on the prevention of defects is called the cost of good quality. Its components are: Prevention Costs: These are costs incurred from activities intended to keep defects to a minimum. Activities such as: Writing good product specifications. Adherence to standards. Writing unit and integration tests.