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PONC
(redirected from Price of Nonconformance)

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AcronymDefinition
PONCpost-otic neural crest
PONCPosition Orientated Navigation Code (Ireland alternative to post codes)
PONCPrice of Nonconformance
PONCPrincess of North Carolina (Goldsboro, NC)


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In QA it is widely accepted that the cost of quality is the price of nonconformance and that it is at least ten times more expensive to correct a problem than to prevent it.
FHP has modified the absolutes to represent the following: * The definition - conformance to requirements; * The system - prevention; * The performance standard - zero defects; and * The measurement - the price of nonconformance.
The Cost of Quality may be divided into two categories (figure 3, right): the Price of Conformance (POC) and the Price of Nonconformance (PONC).
 
 
 
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