Certified Systems Engineering Professional Csep · Free Practice Question Easy
Question 38
[ID-5096] Choose the correct sentence regarding system affordability.
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A
All the other options are wrong.
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B
Cost-effectiveness measures costs versus monetary outcomes.
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C
Cost-effectiveness and cost benefit mean the same thing.
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D
Cost-benefit measures costs versus performance.
Reveal correct answer
Correct answer: A
A.
Indeed. See the other explanations.
B.
This should be cost-benefit. See INCOSE SE Handbook 5th Ed. section 3.1.2, p.163.
C.
While both involve assessing costs in relation to outcomes, cost-effectiveness specifically focuses on performance returns, while cost-benefit is focused on monetary outcomes. See INCOSE SE Handbook 5th Ed. section 3.1.2, p.163.
D.
This should be “cost-effectiveness”. See INCOSE SE Handbook 5th Ed. section 3.1.2, p.163.
Discussion
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