Which of the following is NOT considered part of the Cost of Prevention?

The chosen answer, which identifies Waste, Scrap, Rework, and Failure Analysis as not a part of the Cost of Prevention, is on target. The Cost of Prevention typically refers to the expenses incurred to prevent defects and ensure quality before they occur. This includes activities like workshops and training sessions that enhance employee skills, materials used for quality checks that help in monitoring processes, and quality planning activities that strategically outline how to maintain desired quality levels.

In contrast, Waste, Scrap, Rework, and Failure Analysis fall under the category of the Cost of Failure, which represents costs associated with waste and mistakes that have already occurred. These costs are a direct consequence of not achieving quality objectives, making them distinct from preventative measures aimed at avoiding such issues in the first place.

Understanding this distinction is crucial in grasping how various costs contribute to overall quality management and can help in developing effective strategies for minimizing expenses related to poor quality.