At which CARD step is the Cost Analysis Requirements Description completed?

At which CARD step is the Cost Analysis Requirements Description completed?

• A. Step 2: Data Validation
• B. Step 1: Est. Rules/Assump
• C. Step 3: Risk Assessment
• D. Step 4: Validation of Requirements

Answer: (B)

The Cost Analysis Requirements Description is completed when you lay out the framework for the cost effort—specifically, you define the estimation rules, assumptions, data sources, and methodologies that will govern the analysis. This planning step sets the structure for everything that follows, so it makes sense to finalize the CARD early, at the point where you establish how costs will be estimated. Once this framework is in place, you move on to validating data, performing risk assessments, and confirming that the defined requirements themselves meet needs. Those later steps rely on the established CARD, rather than creating it.

The Cost Analysis Requirements Description is completed when you lay out the framework for the cost effort—specifically, you define the estimation rules, assumptions, data sources, and methodologies that will govern the analysis. This planning step sets the structure for everything that follows, so it makes sense to finalize the CARD early, at the point where you establish how costs will be estimated. Once this framework is in place, you move on to validating data, performing risk assessments, and confirming that the defined requirements themselves meet needs. Those later steps rely on the established CARD, rather than creating it.