CIPS Exam L3M2 Topic 3 Question 33 Discussion

Actual exam question for CIPS's L3M2 exam

Question #: 33
Topic #: 3

[All L3M2 Questions]

The main difference between value engineering and XXXXX XXXXX is that whereas value engineering is applied to new product design at the pre-manufacturing stage, XXXXX XXXXX is applied to established products that are already being manufactured and sold in the market.

AProduct analysis

BCost analysis

CValue analysis

DPrice analysis

Show Suggested Answer

Suggested Answer: C

Value analysis.

This is simply a distinction between VA and VE.

by Joni at Apr 07, 2025, 11:15 AM

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Frederica

5 days ago

Value analysis is the correct answer. It's applied to existing products, not new product design like value engineering.

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Colette

6 days ago

But wouldn't product analysis also be important for established products?

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Juan

8 days ago

I agree with Daniel, value analysis makes sense for established products.

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Daniel

21 days ago

I think the answer is C) Value analysis.

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