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Which pedestals qualities in business - quality, cost or time (speed) is today the most important?

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Question added by Lyubomir Petrov , Landscape Arch., Contractor, Expert , BurgosCommers-V.Valkov ltd, Boliara & Boyar-LandInvestPlan ltd;
Date Posted: 2016/03/06
Deleted user
by Deleted user

All three are the basics , but for the long term success, quality should always be a componenet. Depending on the projects and specific goals that company sets, I think that reaching the quality within the short period of time, will prosper the company even if the cost is affeceted through the proces.

So in todays fast growing world of business, time management is probably the most important piece.

Sohail Lone
by Sohail Lone , Assistant Manager Audit , Deloitte - United Arab Emirates

All three serve as an important constraints for business and projects.Plus they serve as a threshold .Business have specific budget allocated to each activity so speed and cost of project matters.And quality is important because the more quality products the less chance of product being defective and less sales/purchase return

 

Lead time in operations play an important role in delivery and order of Products.Many successful set ups such as McDonald,KFC fat food chain adopted the JIT(Just in Time) that both reduces time and cost and focus on quality.Quality approach should be implemented from inception of operation/manufacturing till end

Mohammad Al-Khabbaz
by Mohammad Al-Khabbaz , Elected Memeber - IT Group Lead , Qatif Municipal Council

All are important, but since quality and cost are almost the same in most competitive products, time is becoming the most competitive advantage. 

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