Podcast
Questions and Answers
Which of the following is a learning outcome of the course CIEM 438 - Value and Risk Management in Construction?
Which of the following is a learning outcome of the course CIEM 438 - Value and Risk Management in Construction?
- Exploring different styles and deliverables of value study
- Understanding the philosophy and process of value study
- Implementing value engineering in construction projects
- Discussing the main processes of value study (correct)
What is the main focus of a value study?
What is the main focus of a value study?
- Value planning
- Value management (correct)
- Value engineering
- Value analysis
What are the phases and processes involved in a value study?
What are the phases and processes involved in a value study?
- Value analysis and value management (correct)
- Value engineering and value planning
- Value planning and value analysis
- Value management and value engineering
What is the impact of implementing value engineering (VE) in construction projects?
What is the impact of implementing value engineering (VE) in construction projects?
What is a study style in the context of a value study?
What is a study style in the context of a value study?