Question

When determining the cost during the requirements workflow, is the cost always financial?

1) True
2) False

Answer 1

When determining the cost during the requirements workflow, the cost is not always financial. A cost/benefit analysis is a tool used to assess the financial and non-financial costs and benefits of a decision.

Step-by-step explanation:

When determining the cost during the requirements workflow, the cost is not always financial. While financial costs are an important consideration, there are other costs to consider as well. For example, there may be costs in terms of time, effort, resources, and opportunity cost. A cost/benefit analysis is a tool used to assess the financial and non-financial costs and benefits of a decision.