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Do it Right First Time : TQM adopt the policy of zero defect. There is no scope for rework and rejection. The right first time or zero defect is the result of an emphasis on prevention ,and diligent use of SPC ( Statistical process control ) SQC and data driven elimination of waste and error Effort is made for rigorous application of EPDCA approach which means.
Evaluate --> plan --> Do --> check --> Act
Continuous Improvement: The organization has to cope up with the changing requirements of the customers. The various factors in improving the quality may be change in environment development of new process equipments materials, innovations in a particular field advancement in technology, change in fashion etc. TQM strives for ever better quality, cost reduction to face competition and for the survival of the organization.
External recruitment has certain merits: The selection of staff can be made from a much greater number of people. It brings individuals into the organization who have d
What are the examples of conformance management systems? Examples of conformance management systems: a. Staff training b. Specific instructions communicated c. Ordinar
Identification of Customers: Who are the external and internal customers? Can customers be segmented either on the basis of the service that they require, or their attitudes t
Ask question #MinimumIn its first year, “ABC Co” had the following experience Sales = 50,000 units Selling price = br. 50 TVC = br. 1,000,000 TFC = br. 250,000 Required: A. Devel
what is project valuation?
What would be the result of management project to prevent the development of false expectations? Into the initiation phase, the project management partners enter a temporary co
What is Cost Benefit Analysis? Cost Benefit Analysis: This analysis is a mathematical technique for decision-making. This is a quantitative technique used to calculate th
Cost Targeting Cost targeting is the pricing method which has to be used by the firms. It is defined as the cost management tool used for reducing the overall cost of the produ
Certain aspects of your project may be sensitive. Henley is aware that confidentiality may be a concern. When you submit your report it will only be made available to staff that ne
Question: (a) Why is project monitoring important? (b) Outline the aspects you would check in a project monitoring meeting? (c) What corrective actions can be taken in th
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