Describe what is meant by the cost of quality of a project


Discussion Post: Project Management Processes

Review the assigned readings for the week and provide a graduate-level response to each of the following questions:

• During risk analysis, it is required to distinguish between "known unknowns" versus "unknown unknown". What does this statement mean?

• What is the difference between qualitative risk analysis and quantitative risk analysis?

• Describe what is meant by the cost of quality of a project.

The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.

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Project Management: Describe what is meant by the cost of quality of a project
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