CIPS Exam A7 Topic 1 Question 64 Discussion

Actual exam question for CIPS's A7 exam

Question #: 64
Topic #: 1

In a new product development programme, which of the following stages is likely to yield the greatest cost savings as a result of a value engineering exercise?

ADetailed design

BPrototype production

CConceptual design

DMarket launch

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Suggested Answer: A

by Pok at Jul 15, 2024, 08:44 AM

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Jacquelyne

1 days ago

Hmm, I'm going with B) Prototype production. That's where the rubber meets the road, and you can really optimize the design.

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Tequila

5 days ago

D) Market launch, duh! That's where the real money is at. Everything before that is just foreplay.

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Bette

18 days ago

I see your point, Dorian. But I think C) Conceptual design is where we can make the most impactful changes to reduce costs.

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Dorian

23 days ago

I disagree, I believe it would be B) Prototype production because that's where we can identify and eliminate any unnecessary costs.

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Teri

30 days ago

I think the greatest cost savings would come from A) Detailed design.

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Toi

1 months ago

I think the answer is C) Conceptual design. Catching design issues early can save a ton of money down the line.

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Emelda

8 days ago

I think it's important to focus on the conceptual design stage for cost savings.

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Lorean

13 days ago

I agree, catching design issues early on can definitely save a lot of money.

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Wai

14 days ago

Market launch is important, but it's not where the greatest cost savings from value engineering typically occur.

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Fatima

22 days ago

Prototype production can also yield cost savings by identifying any manufacturing issues before mass production.

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Phillip

27 days ago

I agree, catching design issues early on in the conceptual design stage can definitely save a lot of money.

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