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Cost of Poor Quality (COPQ) & Cost of Total Quality

Cost of Poor Quality (COPQ) | Cost of Total Quality | Online Course | Estimated Time: 90 Minutes | 15 Lectures | Price: $34.99

 

 

Cost of Poor Quality (COPQ) is an important measure and approach to how any organization can evaluate the tangible impact of quality. There are 4 important elements to COPQ and they are :

  • External Failure Cost
  • Internal Failure Cost
  • Appraisal Cost
  • Prevention Cost

With good & detailed knowledge of Cost of Poor Quality (COPQ) any quality professional can:

  • Accurately estimate COPQ
  • Use the right information from COPQ to cost-benefit analysis for quality improvements
  • Prioritization of efforts for improvement planning
  • Develop good business case for quality improvement

In this course,  you will learn:

  • Foundation of Cost of Poor Quality (COPQ)
  • Elements of COPQ through live example
  • Cost of Quality Curve & Cost of Total Quality
  • Download generalized Excel Based COPQ Estimation Template
  • Estimation tips for COPQ under different cost headers and circumstances
  • Potential challenges during computation of COPQ and its roll out

Target Audience:

  • Quality Management Professionals\
  • Business Excellence Professionals
  • Operations Managers
  • Accounting Professionals
  • Process Engineers

Course Information

Estimated Time: 90 Minutes | 15 Lectures | Price: $34.99