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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Nettie

1 months ago

Value engineering, huh? More like 'value meningitis' if you ask me. Just kidding, folks. But seriously, I hope the correct answer isn't 'functionality', otherwise I'm in trouble.

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Irving

1 months ago

Hold up, did someone say 'lower cost'? That's my kind of value engineering! I'm going with option D, practicality all the way.

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Goldie

9 days ago

User 1: I agree, practicality is key when it comes to value engineering.

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Gabriele

2 months 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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Chu

5 days ago

I think so too, Practicality seems like the best fit here.

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Asuncion

7 days ago

I agree, I think Practicality makes more sense in this context.

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Jenelle

9 days ago

D) Practicality

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Johanna

18 days ago

C) Applicability

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Brett

1 months ago

B) Service

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Bernardo

1 months ago

A) Functionality

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Coletta

2 months 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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Deane

1 months ago

I agree, it's about practicality. Being able to offer the same practical benefits at a lower cost is key.

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Janna

1 months ago

I think it's functionality. If you can maintain the same level of functionality at a lower cost, that's value engineering.

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Leonida

2 months 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

2 months ago

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

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Samuel

2 months ago

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

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Tesha

16 days ago

No, it's not about the service provided but rather the features and functions of the product.

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Helga

24 days ago

B) Service

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Gary

1 months ago

Exactly! Value engineering focuses on maximizing the functionality of a product while reducing costs.

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Dominque

1 months ago

A) Functionality

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Leonida

2 months ago

Functionality

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