Which element is NOT included in the requirements of a Corrective Action Plan (CAP)?

The identification of the budget for corrective actions is not a standard requirement of a Corrective Action Plan (CAP). CAPs primarily focus on identifying the root cause of nonconformities, determining the individual responsible for executing the plan, and detailing the actions taken to rectify these issues. The overarching goal of a CAP is to address the specific nonconformity and implement solutions to prevent recurrence, which does not inherently necessitate a financial component.

Including budget considerations could be relevant in practical terms for some organizations, but it is not a fundamental element of CAP requirements outlined in quality management standards. This focus ensures that CAPs remain directed towards identifying and resolving issues effectively, rather than getting sidetracked by financial constraints or resource allocation discussions at this initial planning stage.