Which of the following best describes the components that make up the Cost of Quality (COQ) in project management?
Costs incurred to meet quality standards, including both activities that prevent non-conformance and expenditures addressing non-conformances.
Costs tied to hiring skilled labor and specialists for ensuring product quality.
Expenditures associated with warranty and maintenance work after project delivery.
Costs related to the procurement of high-quality materials and technologies to accomplish project work.