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Planning for Quality
All projects have specific measurable objectives and goals to achieve. Planning quality is the first step which systematically translates the objectives to results. Quality planning is the ability to foresee situations and prepare for actions that bring about the expected outcome.
Quality planning is the process of identifying the quality standards that are relevant to the project and determining the ways to achieve the identified standards. Quality planning has to happen in parallel with other project planning processes, For example. In order to achieve a particular quality standard it may need cost or schedule adjustments.
Red Herring Preliminary prospectus circulated through underwriters to gauge investor interest in a planned offering that has yet to gain final approval from the SEC.
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