Module 3 — Cost control after confirmation
Where a confirmed order leaks money, and the reports that show it in time.
What you will be able to do
Track a confirmed order's real cost against its quoted cost, and act on the variances that are still recoverable.
The practical work
For one completed order, compare quoted and actual cost on the three largest lines. Write which variance was avoidable and what control would have caught it earlier.
Prerequisite: Read module 2 and pass its quiz first.
Reading for this module
Read these 3 Garment Ed subjects in order, then take the quiz below.
Practical worksheet
For one completed order, compare quoted and actual cost on the three largest lines. Write which variance was avoidable and what control would have caught it earlier.
- Identify requirements and assumptions.
- Record evidence and calculations.
- Choose a decision and containment action.
- Assign an owner and verification check.
Module quiz
5 questions on Module 3 — Cost control after confirmation. Answer them all, then check your score before moving on. 4 correct or more is a pass. Your best score is saved on this device, and to your account when you are signed in. This is a self-check, not an accredited assessment.
1. Which variance is usually the first sign of a losing order?
2. Why does rework cost more than its labour minutes?
3. What makes a cost report trustworthy enough to act on?
4. An investment in a new attachment is proposed to save minutes. What decides the case?
5. Why is material substitution during production a costing risk and not only a quality risk?