Examlex
Capital budgeting uses financial criteria exclusively when evaluating projects.
Cost Of Conformance
The expenses associated with ensuring a product, service, or process meets the required standards and specifications, including prevention and appraisal costs.
Quality Improvement
Quality improvement involves systematic efforts to enhance the efficiency, effectiveness, and performance of processes or products.
Measure
The act or process of ascertaining the dimensions, quantity, or capacity of something, or the value derived from such process.
Project Plan
A formal document that outlines the how and when of a project, detailing the project's objectives, scope, methodologies, time frame, and resources.
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