💡 Words with a Similar Meaning to "Quality costs"
Found via reverse dictionary — words that share a conceptual meaning.
| Word | Definition |
|---|---|
| design-to-cost | Design-to-Cost, as part of cost management techniques, describes a systematic approach to controlling the costs of product development and manufacturing. |
| process costing | an accounting methodology that traces and accumulates direct costs, and allocates indirect costs of a manufacturing process. |
| quality management system | A quality management system is a collection of business processes focused on consistently meeting customer requirements and enhancing their satisfaction. |
| continual improvement process | A continual improvement process, also often called a continuous improvement process (abbreviated as CIP or CI), is an ongoing effort to improve products, services, or processes. |
| qa/qcnoun | Abbreviation of quality assurance/quality control (“various process management procedures employed to preserve and enhance the quality of products or services”). |
| clinical audit | a process that has been defined as a quality improvement process that seeks to improve patient care and outcomes through systematic review of care against explicit criteria and the implementation of change |
| experience management | an effort by organizations to measure and improve the experiences they provide to customers as well as stakeholders like vendors, suppliers, employees, and shareholders. |
| cost engineering | "the engineering practice devoted to the management of project cost, involving such activities as estimating, cost control, cost forecasting, investment appraisal and risk analysis". |
| cost accounting | defined by the Institute of Management Accountants as "a systematic set of procedures for recording and reporting measurements of the cost of manufacturing goods and performing services in the aggregate and in detail. |
| performance managementnoun | The process of ensuring that organisational goals are consistently being met in an effective and efficient manner. |
| nonconformitynoun | A rejection of, or failure to conform to, a practice, standard, rule, or law. |
| failure analysis | the process of collecting and analyzing data to determine the cause of a failure, often with the goal of determining corrective actions or liability. |
| cost reduction | the process used by organisations aiming to reduce their costs and increase their profits, or to accommodate reduced income. |
| sustainability measurement | a set of frameworks or indicators used to measure how sustainable something is. |
| corrective and preventive action | Corrective and preventive action (CAPA or simply corrective action) consists of improvements to an organization's processes taken to eliminate causes of non-conformities or other undesirable situations. |
| cost of poor quality | Cost of poor quality or poor quality costs or cost of nonquality, are costs that would disappear if systems, processes, and products were perfect. |
| requirements management | the process of documenting, analyzing, tracing, prioritizing and agreeing on requirements and then controlling change and communicating to relevant stakeholders. |
| overall labor effectiveness | a key performance indicator that measures the utilization, performance, and quality of the workforce and its impact on productivity. |
| failure cause | Failure causes are defects in design, process, quality, or part application, which are the underlying cause of a failure or which initiate a process which leads to failure. |
| quality assurancenoun | A system in which the delivery of a service or the quality of a product is assessed, and compared with that required. |
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