Quality Cost and Benefits
The Cost of Quality Building quality steps in the schedule adds a certain amount of effort and cost to the project. However, these incremental costs will be rewarded with shorter timelines and reduced costs throughout the life cycle of the solution. Examples of the cost of quality include: Deliverable reviews. There is a cost associated with the time of the people attending the reviews. This includes any preparation, the actual review time for all participants, and the resulting follow-up work from the review. Creation of the Quality Management Plan. The time required to plan quality into the project and the solution, including identifying completeness and correctness criteria. Client approval. The time and effort required for the client to review interim and final deliverables and formally approve them as being correct and complete. Testing. Testing is a part of the project life cycle and it is done to ensure the solution meets requirements and quality standards. Quality...