CIPS Exam L3M2 Topic 1 Question 10 Discussion

Actual exam question for CIPS's L3M2 exam

Question #: 10
Topic #: 1

[All L3M2 Questions]

'Value engineering is a structured approach to increasing the value obtained from a product by of-fering the same level of XXXXX at a lower cost'.

What is XXXXX?

AFunctionality

BService

CApplicability

DPracticality

Show Suggested Answer

Suggested Answer: A

Quality.

Specification is fundamental to receiving the right quality.

Standards can be seen as a form of specification intended for recurrent use (Lysons)

by Adelle at May 11, 2024, 05:30 PM

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Gabriele

12 hours ago

Hmm, I'm not so sure. Applicability seems like a stretch to me. Practicality might be a better fit for this context.

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Coletta

10 days ago

I'm going with service. If you can deliver the same level of service at a lower cost, that's the essence of value engineering.

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Leonida

14 days ago

That makes sense. So, the goal is to maintain the same level of quality but at a lower cost.

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Haydee

16 days ago

I think it's Functionality because value engineering focuses on improving the product's features while reducing costs.

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Samuel

19 days ago

Definitely gotta be functionality. Value engineering is all about optimizing the features without compromising the overall purpose, right?

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Leonida

22 days ago

Functionality

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