The Relationships Between Cost Management and Quality Management

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The Relationships Between Cost Management and Quality Management The relationships between cost management and quality management are an interesting one. Everyone in this world is a consumer of some sort. We all buy things and we all want only the best products for the best price. But, where is the line to be drawn for how much do we pay for quality? Most competitive companies have goals to put out the best product for the …

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…money one has. In order for a company to become as successful as they can be, there must be a balance of the two. Having the right management staff and experience in quality management and cost management can make a business very successful or can cause it to fail miserably. Bibliography Book Keogh, Jim. (1994). Project Planning and Implementation Upper Saddle River, NJ: Prentice Hall. Mish, Frederick C. (1986). Webster's Ninth New Collegiate Dictionary Springfield, MA: Merriam-Webster