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Cost and Quality Consequences of Shortening the Project Life CycleMohammadreza Rasta Master of Science in Mechanical Engineering Submission date: June 2013 Supervisor: Born Andersen, INK Cosupervisor:
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To fill out cost consequences, perform the following steps:
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Identify the relevant costs associated with a particular decision or action.
03
Determine the monetary value of each cost element.
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To fill out quality consequences, follow these steps:
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Identify the potential impacts on product or service quality.
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Assign a numerical value to represent the level of quality consequence.
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Sum up all the numerical values to obtain the total quality consequence.
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