Which of the following is not a step of value-engineering?
A) Understanding customer requirements and value-added and non-value added costs
B) Set a price using the market approach
C) Anticipating how costs are locked in before they are incurred
D) Using cross-functional teams to redesign products and process to reduce costs while meeting customer needs

Question

Quizplus · Accepted Answer

Setting a price using the market approach is not a step of value-engineering. The other options listed, such as understanding customer requirements and costs, anticipating locked-in costs, and using cross-functional teams, are all steps involved in the value-engineering process.

Which of the Following Is Not a Step of Value-Engineering