Total cost to perform the process "develop quality standards and procedures" per $1,000 revenue
This measure calculates the total cost to perform the process "develop quality standards and procedures" per $1,000 revenue. Total cost is the sum of personnel (compensation/benefits), systems (direct and/or allocated), overhead (direct and/or allocated), other internal, and outsourced costs. The Process "Develop quality standards and procedures" includes [Developing standards and procedures for maintaining the quality of products/services. Establish desired quality targets. Create standardized procedures for the quality. Ensure quality specifications are effectively communicated.]. This Cost Effectiveness measure is intended to help companies understand this cost expenditure related to the process "Develop quality standards and procedures".
Benchmark Data
25th | Median | 75th |
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Compute this Measure
Units for this measure are dollars.
Total cost associated with the process 'Develop quality standards and procedures' / (Total business entity revenue * .001)