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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?

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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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
5 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
1 days ago
I think so too, Practicality seems like the best fit here.
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Asuncion
3 days ago
I agree, I think Practicality makes more sense in this context.
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Jenelle
5 days ago
D) Practicality
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Johanna
14 days ago
C) Applicability
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Brett
28 days 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
28 days 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
12 days ago
No, it's not about the service provided but rather the features and functions of the product.
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Helga
20 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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