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Which of the following is NOT a part of the five (5) phases of value engineering?
Correct Answer: A
Cost reduction is not a specific phase in the value engineering process. The five phases of value engineering are: Information gathering: Collecting relevant data. Creative: Brainstorming ideas for potential improvements. Evaluation: Assessing the feasibility and impact of ideas. Development: Refining the selected ideas into actionable solutions. Presentation: Proposing the best solution to stakeholders. While cost reduction is an overall goal of value engineering, it is not a distinct phase in the process.