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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.

Show Suggested Answer Hide 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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Clemencia
1 months ago
Product analysis? That's more about understanding the product itself, not increasing its value. Value analysis is the clear winner.
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Franklyn
3 days ago
Yes, value analysis focuses on improving the value of established products in the market.
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Sylvia
6 days ago
Value analysis is the clear winner.
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Darrel
1 months ago
Product analysis? That's more about understanding the product itself, not increasing its value.
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Bernadine
1 months ago
Haha, price analysis? As if that has anything to do with improving the value of a product. Good one!
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Caren
1 months ago
Cost analysis? Nah, that's more about evaluating the expenses, not the value. Value analysis is the way to go here.
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Shawnda
10 days ago
Yeah, cost analysis is important but value analysis is really about maximizing the benefits for the customer.
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Alaine
15 days ago
Product analysis could also be useful to identify areas for improvement in established products.
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Armando
29 days ago
I agree, value analysis focuses on improving the value of a product without compromising quality.
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Leandro
2 months ago
Ah, got it! Value analysis is the process of improving the value of a product by reducing costs without compromising its functionality.
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Frederica
2 months ago
Value analysis is the correct answer. It's applied to existing products, not new product design like value engineering.
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Ligia
22 days ago
A) Product analysis
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Colette
2 months ago
But wouldn't product analysis also be important for established products?
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Juan
2 months ago
I agree with Daniel, value analysis makes sense for established products.
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Daniel
2 months ago
I think the answer is C) Value analysis.
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