1. A method for managing query execution plans (QEP) for a database workload, the method comprising: converting a dynamic Structured Query Language (SQL) workload to at least one static database statement of the database workload; in response to detecting a binding of a QEP to the at least one static database statement, determining a performance difference between an initial set of performance characteristics of the database workload prior to the binding of the QEP and a subsequent set of performance characteristics of the database workload created by the binding of the QEP; and responding to the performance difference in accordance with a monitoring policy.