CIPS Exam A7 Topic 1 Question 64 Discussion

Actual exam question for CIPS's A7 exam

Question #: 64
Topic #: 1

[All A7 Questions]

In a new product development programme, which of the following stages is likely to yield the greatest cost savings as a result of a value engineering exercise?

ADetailed design

BPrototype production

CConceptual design

DMarket launch

Show Suggested Answer

Suggested Answer: A

by Pok at Jul 15, 2024, 08:44 AM

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Jacquelyne

8 months ago

Hmm, I'm going with B) Prototype production. That's where the rubber meets the road, and you can really optimize the design.

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Cherry

7 months ago

I see your point, but I still believe B) Prototype production is where the real savings can be made.

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Andra

7 months ago

I think C) Conceptual design is also important for laying the foundation for cost-effective solutions.

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Ashlyn

8 months ago

I agree, B) Prototype production is crucial for cost savings.

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Tequila

8 months ago

D) Market launch, duh! That's where the real money is at. Everything before that is just foreplay.

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Jeannetta

7 months ago

D) Market launch, duh! That's where the real money is at. Everything before that is just foreplay.

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Loreta

7 months ago

D) Market launch

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Lavina

8 months ago

C) Conceptual design

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Cherrie

8 months ago

B) Prototype production

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Elke

8 months ago

A) Detailed design

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Bette

9 months ago

I see your point, Dorian. But I think C) Conceptual design is where we can make the most impactful changes to reduce costs.

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Dorian

9 months ago

I disagree, I believe it would be B) Prototype production because that's where we can identify and eliminate any unnecessary costs.

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Teri

9 months ago

I think the greatest cost savings would come from A) Detailed design.

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Toi

9 months ago

I think the answer is C) Conceptual design. Catching design issues early can save a ton of money down the line.

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Cheryll

8 months ago

Prototype production can also be a stage where cost savings can be significant.

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Emelda

8 months ago

I think it's important to focus on the conceptual design stage for cost savings.

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Lorean

9 months ago

I agree, catching design issues early on can definitely save a lot of money.

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Wai

9 months ago

Market launch is important, but it's not where the greatest cost savings from value engineering typically occur.

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Fatima

9 months ago

Prototype production can also yield cost savings by identifying any manufacturing issues before mass production.

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Phillip

9 months ago

I agree, catching design issues early on in the conceptual design stage can definitely save a lot of money.

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