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CIPS L3M2 Exam - 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?

Show Suggested Answer Hide 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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Nan
3 months ago
I doubt it's C. Applicability, feels off to me.
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Emily
3 months ago
Wait, is it really A? That seems too obvious.
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Miss
3 months ago
I think B. Service could also fit here.
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Sang
4 months ago
Totally agree, A makes the most sense!
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Lili
4 months ago
I'm pretty sure it's A. Functionality.
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Larae
4 months ago
I was thinking "Practicality" could work, but it doesn't sound as right as "Functionality." I guess I need to trust my instincts on this one!
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Omega
4 months ago
I feel like "Applicability" could fit too, but it seems less common in the context of value engineering. I might lean towards "Functionality" instead.
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Roy
4 months ago
I'm not entirely sure, but I remember a practice question that mentioned "Service" in relation to value engineering. It could be a possibility.
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Ettie
5 months ago
I think XXXXX might be "Functionality" since value engineering often focuses on improving how well a product works while reducing costs.
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Antonette
5 months ago
This question is testing our understanding of the core concept of value engineering. I'll carefully consider each option and try to determine which one best fits the definition provided.
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Ciara
5 months ago
I remember learning about value engineering in class. I think the missing word is probably "functionality" since that's a key aspect of value engineering.
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Serina
5 months ago
Okay, let me break this down. Value engineering is about getting the same level of something at a lower cost. The missing word must be related to that - maybe functionality, service, or practicality?
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Roy
5 months ago
Hmm, I'm not entirely sure what the missing word is here. I'll have to think about the context of value engineering and what it's trying to achieve.
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Lindsey
5 months ago
This seems like a straightforward question about the definition of value engineering. I'm pretty confident I can figure this out.
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Ira
5 months ago
This seems like a pretty straightforward question. The client needs real-time data, so I'd go with option C - streaming ingestion.
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Harris
5 months ago
Okay, let me see if I can break this down. The question is asking about the "movement" of scanned images, so it's probably not about the overall business process (BPM) or systems integration. I'm leaning towards either Workflow or Routing as the best answer.
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Kimberlie
5 months ago
Okay, let's see. Restricted means it can only be shared with an authorized group, while confidential means it's for named individuals. I think I've got this.
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Isadora
5 months ago
This looks like a straightforward question about using a custom Inception network in Amazon SageMaker. I think the key is to either bundle the Inception network in a Docker container or use custom code with the TensorFlow Estimator.
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Nettie
9 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
10 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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Elsa
8 months ago
User 3: I think option D, practicality, is the best choice for value engineering.
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Buddy
8 months ago
User 2: Definitely, getting the same level of functionality at a lower cost is the goal.
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Goldie
9 months ago
User 1: I agree, practicality is key when it comes to value engineering.
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Gabriele
10 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
8 months ago
I think so too, Practicality seems like the best fit here.
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Asuncion
8 months ago
I agree, I think Practicality makes more sense in this context.
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Jenelle
9 months ago
D) Practicality
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Johanna
9 months ago
C) Applicability
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Brett
9 months ago
B) Service
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Bernardo
9 months ago
A) Functionality
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Coletta
10 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
9 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
9 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
10 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
11 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
11 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
9 months ago
No, it's not about the service provided but rather the features and functions of the product.
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Helga
9 months ago
B) Service
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Gary
9 months ago
Exactly! Value engineering focuses on maximizing the functionality of a product while reducing costs.
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Dominque
9 months ago
A) Functionality
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Leonida
11 months ago
Functionality
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