NZQA registered unit standard Title Analyse quality costs Level 5 8088 version 7 Page 1 of 3 Credits 4 Purpose People credited with this unit standard are able to: explain the purpose and uses of quality cost analysis; apply quality cost analysis to workplace situations; and interpret the results of quality cost analysis. Classification Business Operations and Development > Quality Management Available grade Achieved Explanatory notes Abbreviations AS (as in AS 2561) stands for Australian standard. BS (as in BS 6000) stands for British Standard. ASQ stands for the American Society for Quality. Outcomes and evidence requirements Outcome 1 Explain the purpose and uses of quality cost analysis. Evidence requirements 1.1 The purpose of quality cost analysis is explained in terms of benefits for business performance and quality cost models. Range 1.2 benefits – potential savings, opportunities to expand income, reduction of failure costs; models – return on investment models, value to customer models. The uses of quality cost analysis are identified in terms of situations where it has the ability to deliver benefits. Range measurement of waste, monitoring of progress, comparative analysis, setting of priorities, justification of expenditure. NZQA National Qualifications Services SSB Code 130301 New Zealand Qualifications Authority 2016 NZQA registered unit standard 8088 version 7 Page 2 of 3 Outcome 2 Apply quality cost analysis to workplace situations. Evidence requirements 2.1 Methodology used complies with relevant published standards and/or recognised conventions, including cost categorisation. examples of published standards are – AS 2561, BS 6000, ASQ Guides; cost categorisation – controllable and non-controllable costs, prevention, appraisal and failure costs (internal and external), discretional and non-discretional costs. Range 2.2 Customisation of methodology to specific workplace situations identifies feasible sources of valid data. Outcome 3 Interpret the results of quality cost analysis. Evidence requirements 3.1 Analysis and interpretation of information maintains its validity and matches task requirements. 3.2 Results are analysed so that opportunities for improvement are identified. 3.3 The appropriateness of the use of quality cost analysis is reviewed in the light of the outcomes. Planned review date 31 December 2019 Status information and last date for assessment for superseded versions Process Version Date Last Date for Assessment Registration 1 31 August 1996 31 December 2016 Revision 2 7 September 1999 31 December 2016 Review 3 22 September 2004 31 December 2016 Rollover and Revision 4 18 July 2008 31 December 2016 Rollover and Revision 5 17 November 2011 31 December 2016 Rollover 6 18 April 2013 31 December 2018 Rollover 7 16 April 2015 N/A NZQA National Qualifications Services SSB Code 130301 New Zealand Qualifications Authority 2016 NZQA registered unit standard 8088 version 7 Page 3 of 3 Consent and Moderation Requirements (CMR) reference 0113 This CMR can be accessed at http://www.nzqa.govt.nz/framework/search/index.do. Please note Providers must be granted consent to assess against standards (accredited) by NZQA, before they can report credits from assessment against unit standards or deliver courses of study leading to that assessment. Industry Training Organisations must be granted consent to assess against standards by NZQA before they can register credits from assessment against unit standards. Providers and Industry Training Organisations, which have been granted consent and which are assessing against unit standards must engage with the moderation system that applies to those standards. Requirements for consent to assess and an outline of the moderation system that applies to this standard are outlined in the Consent and Moderation Requirements (CMR). The CMR also includes useful information about special requirements for organisations wishing to develop education and training programmes, such as minimum qualifications for tutors and assessors, and special resource requirements. Comments on this unit standard Please contact NZQA National Qualifications Services nqs@nzqa.govt.nz if you wish to suggest changes to the content of this unit standard. NZQA National Qualifications Services SSB Code 130301 New Zealand Qualifications Authority 2016