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  2. Cost of poor quality - Wikipedia

    en.wikipedia.org/wiki/Cost_of_poor_quality

    Cost of poor quality (COPQ) or poor quality costs (PQC) or cost of nonquality, are costs that would disappear if systems, processes, and products were perfect. COPQ was popularized by IBM quality expert H. James Harrington in his 1987 book Poor-Quality Cost. [1] COPQ is a refinement of the concept of quality costs.

  3. List of failed and overbudget custom software projects

    en.wikipedia.org/wiki/List_of_failed_and_over...

    Because software, unlike a major civil engineering construction project, is often easy and cheap to change after it has been constructed, a piece of custom software that fails to deliver on its objectives may sometimes be modified over time in such a way that it later succeeds—and/or business processes or end-user mindsets may change to accommodate the software.

  4. Quality costs - Wikipedia

    en.wikipedia.org/wiki/Quality_costs

    In process improvement efforts, quality costs tite or cost of quality (sometimes abbreviated CoQ or COQ [1]) is a means to quantify the total cost of quality-related efforts and deficiencies. It was first described by Armand V. Feigenbaum in a 1956 Harvard Business Review article.

  5. The Property Brothers Fear Trump's Tariffs Could Send ... - AOL

    www.aol.com/property-brothers-fear-trumps...

    HGTV home renovation stars Jonathan and Drew Scott – best known as the Property Brothers – are fearful that Trump’s proposed tariffs could send construction costs soaring. The brothers ...

  6. Zero Defects - Wikipedia

    en.wikipedia.org/wiki/Zero_Defects

    To convince executives to take action to resolve issues of poor quality, costs associated with poor quality must be measured in monetary terms. [19] [11]: 121 Crosby uses the term "the price of nonconformance" in preference to "the cost of quality" to overcome the misimpression that higher quality requires higher costs. [18]

  7. Cost overrun - Wikipedia

    en.wikipedia.org/wiki/Cost_overrun

    The cost overruns constituted 33% of the total expense. The budget for the bridge increased to 150%. The cost overruns exceeded the original budget by 50%. The final example is the most commonly used as it specifically describes the cost overruns exclusively whereas the other two describe the overrun as an aspect of the total expense.

  8. Taxpayer (building) - Wikipedia

    en.wikipedia.org/wiki/Taxpayer_(building)

    A fire in a taxpayer is a special hazard in firefighting. The poor quality construction often burns readily, and the architecture tends to encourage backdrafts. [1] Many have been renovated several times over and have concealed or undocumented voids. [2] More modern taxpayers were built with fire-resistant materials and are less of a hazard.

  9. Project management triangle - Wikipedia

    en.wikipedia.org/wiki/Project_management_triangle

    [2] [3] Martin Barnes (1968) proposed a project cost model based on cost, time and resources (CTR) in his PhD thesis and in 1969, he designed a course entitled "Time and Cost in Contract Control" in which he drew a triangle with each apex representing cost, time and quality (CTQ). [4] Later, he expanded quality with performance, becoming CTP.