ITPEC IP April 2026 Question 79
ITPEC IP April 2026 — Question 79 of 100
Value engineering — systematically improve value by examining required function relative to cost.
Value can be expressed conceptually as function ÷ cost. It rises by preserving function at lower cost, improving function without proportional cost growth, or improving both function and quality while controlling cost.
Answer (c)
Why not others: (a) coordinates flows across suppliers and customers; (b) captures and shares organizational knowledge; (d) analyzes an existing product or system to recover its structure and design.
Key rule: When a question explicitly links function, cost, and value improvement, choose VE or value engineering.
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