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CIPS L4M2 Exam - Topic 6 Question 7 Discussion

Product development consists of various stages, including planning and analysis, design develop-ment, pre-production, production and maintenance. At which stages the opportunities for cost re-duction will be the greatest?1. Planning stage2. Pre-design stage3. Detail design stage4. Production stage5. Logistics support stage
C) 1 and 2 only
A) 2 and 3 only
B) 2 and 5 only
D) 1 and 4 only

CIPS L4M2 Exam - Topic 6 Question 7 Discussion

Actual exam question for CIPS's L4M2 exam
Question #: 7
Topic #: 6
[All L4M2 Questions]

Product development consists of various stages, including planning and analysis, design develop-ment, pre-production, production and maintenance. At which stages the opportunities for cost re-duction will be the greatest?

1. Planning stage

2. Pre-design stage

3. Detail design stage

4. Production stage

5. Logistics support stage

Show Suggested Answer Hide Answer
Suggested Answer: C

Writing a specification and then procuring and using the product or service has a number of stages. The further on in the process you are, the less potential there is for cost reductions. Therefore, opportunities for cost reduction will be greatest in the two first stages: planning stage and pre-design stage.

LO 3, AC 3.1


by Glenna at Oct 26, 2022, 08:11 PM

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Adelaide
10 months ago
Surprised no one mentioned production stage!
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Mauricio
10 months ago
Really? I doubt logistics support stage has no impact.
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Melissa
10 months ago
Totally agree with 1 and 2!
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Yvonne
11 months ago
I think pre-design has the most potential.
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Eleonore
11 months ago
Planning stage is key for cost reduction!
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Cathern
11 months ago
I vaguely recall that logistics support can also offer some savings, but I can't remember if it was emphasized as much as the planning stage.
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Velda
11 months ago
I feel like the production stage has less flexibility for cost reduction since most decisions are already made by then.
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Justine
11 months ago
I think the pre-design and detail design stages are where we can really cut costs, but I might be mixing it up with another topic we covered.
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Nieves
11 months ago
I remember we discussed how the planning stage is crucial for identifying cost-saving opportunities, but I'm not sure about the pre-design stage.
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Mertie
11 months ago
This question seems straightforward - I'd focus on the key integration details like source/target systems, data volume, and timing aspects.
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Carisa
11 months ago
Based on the options provided, I'm leaning towards creating a permission set for Opportunity Edit and associating it with the user record. That seems like the most targeted and controlled approach.
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Ressie
11 months ago
I'm feeling pretty confident about this one. I remember learning that estates and trusts are taxed on their distributable net income, so I'll make sure to select the right answer based on that.
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