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PK0-004 · Question #298

An analysis of the cost-benefit trade-offs for a project should be included as part of the:

The correct answer is D. Quality plan. Cost-benefit analysis is a core tool and technique within quality planning, making the Quality Plan the appropriate document to include cost-benefit trade-off analysis.

Tools and documentation

Question

An analysis of the cost-benefit trade-offs for a project should be included as part of the:

Options

  • AWork plan
  • BRisk register
  • CProject charter
  • DQuality plan

How the community answered

(21 responses)
  • A
    5% (1)
  • C
    5% (1)
  • D
    90% (19)

Why each option

Cost-benefit analysis is a core tool and technique within quality planning, making the Quality Plan the appropriate document to include cost-benefit trade-off analysis.

AWork plan

The work plan (project management plan's schedule component) focuses on activities and timelines, not cost-benefit trade-off justifications.

BRisk register

The risk register documents identified risks, their probability, and responses - it does not capture cost-benefit analyses for project trade-offs.

CProject charter

While the project charter may reference a high-level business case, it is an authorization document and does not contain the detailed cost-benefit trade-off analysis associated with quality planning.

DQuality planCorrect

In the PMBOK Guide, cost-benefit analysis is explicitly listed as a tool and technique for the Plan Quality Management process. The resulting Quality Management Plan documents the outcomes of these trade-off analyses, justifying quality activities by comparing the cost of conformance against the cost of non-conformance.

Concept tested: Cost-benefit analysis in Quality Management Planning

Source: https://www.pmi.org/pmbok-guide-standards/foundational/pmbok

Topics

#cost-benefit analysis#quality plan#project planning

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