1. A method for improving query execution plan efficiency in a database management system, the method comprising: receiving a qualified database query, the database query comprising one of a static database query and a dynamic database query; retrieving a stored query execution plan (QEP) for the database query in response to a QEP repository associating the database query with an active QEP; generating a new QEP for the database query in response the QEP repository failing to associate the database query with an active QEP, and storing the new QEP in the QEP repository, designating the new QEP as the active QEP, binding the active QEP to the database query; and satisfying the database query by implementing the active QEP.