What are some of the tools and techniques for performing time, cost, and quality control? What are the Seven Basic Tools of Quality? If applicable, describe how you have used these tools in the workplace, or research and describe how a company has used them.

Some important tools which generally used in industry are:

1.Cause and effect Diagram:This will analyse the various situations or causes and their corresponding effect. It helps in evaluating the effect and its root cause, so that further remedies or mitigation plans can be developed

Control charts are essential for statistical process change related to time. It helps in reducing defects in the products as well as variation in the process results.

Seven basic quality tools are:

Check sheet, Control chart, Histogram, Pareto chart, Scattered diagram,Check sheet, Cause & effect

In the day to day professional many quality tools can be used wisely. For eg: Check sheet can be used for maintaining a best practice through identifying the prerequisites before completing the work,, Pareto chart can be used for taking the important part into analysis ( 80% 20% rule). Histogram can be plotted with data analysis to check the outliers and major contributors.

2: Procurement is a detailed activity which involves

identification of supplier

Estimate the market rate

Connect with suppliers and validate their capabilities

Negotiate with suppliers for better rates

Identify the ordering unit and ordering cycle

Co-ordinate with production, inventory and sales team to forecast the procurement appropriately.

Project team can work on the historical and live data to analyse the best sellers in the market, their capabilities, technologies and business objectives . This helps in evaluating them based on the various quantitative and qualitative criteria. Focus interviews, surveys can be conducted to get more details about the sellers.

Contract or service agreement should have all details about the all parties involved in the contract, process and financial related deliverable, deadlines associated with it etc. Billing cycle details, contract tenure, authority of work, discussion points, milestones etc to be analyse in detail.

Explanation: