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Exam CBAP topic 1 question 1 discussion

Actual exam question from IIBA's CBAP
Question #: 1
Topic #: 1
[All CBAP Questions]

What is the term used to describe the cost of the solution after the solution has been implemented in production by a vendor?

  • A. Total ownership costing
  • B. Lifecycle maintenance fees
  • C. Sustainability fees
  • D. Total cost of ownership
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Suggested Answer: D 🗳️

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km_45
Highly Voted 3 years, 3 months ago
D is correct: The total cost of ownership (TCO) is the cost to acquire a solution, the cost of using the solution, and the cost of supporting the solution for the foreseeable future, combined to help understand the potential value of a solution.
upvoted 5 times
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83e7526
Most Recent 1 month ago
Selected Answer: D
BABOK PG 275
upvoted 1 times
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b9adaf1
2 months, 3 weeks ago
Question is weirdly phrased. It specifies cost of the solution AFTER the solution has been implemented. Though TCO is not only AFTER the solution is implemented...
upvoted 1 times
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kal5
9 months, 1 week ago
10.20.3 .2 Total Cost of Ownership (TCO) Babok(p.275)
upvoted 1 times
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tcsguy
1 year, 3 months ago
he total cost of ownership (TCO) is the cost to acquire a solution, the cost of using the solution, and the cost of supporting the solution for the foreseeable future, combined to help understand the potential value of a solution. In the case of equipment and facilities, there is often a generally agreed to life expectancy. However, in the case of processes and software, the life expectancy is often unknown. Some organizations assume a standard time period (for example, three to five years) to understand the costs of ownership of intangibles like processes and software
upvoted 1 times
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Oloko
2 years, 3 months ago
Total cost of ownership
upvoted 1 times
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laossh
3 years, 2 months ago
Total cost of ownership is total cost of purchasing and operating a delivered technology product. It evaluates costs that does not reflect in upfront pricing of the same technology
upvoted 2 times
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TAGENE
3 years, 5 months ago
This is the cost of supporting and maintaining the solution
upvoted 2 times
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A (35%)
C (25%)
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