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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
Introduction to Cost of Poor Quality
Elements of Total Cost of Quality
Computing Cost of Poor Quality
