Cost of Quality

on . Posted in Project Management Engineering

Cost of quality, abbreviated as COQ, is the sum of all costs associated with conformance and nonconformance.

 

Cost of Quality Formula

\(\large{ COQ =  AC + EFC + IFC + PC   }\)
Symbol
\(\large{ COQ }\) = cost of quality
\(\large{ AC }\) = appraisal costs
\(\large{ EFC }\) = external failure costs
\(\large{ IFC }\) = internal failure costs
\(\large{ PC }\) = prevention costs

 

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