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Which of the following best describes the value engineering study? The formal six-step process of applying value engineering to an induvial project or program The

Which of the following best describes the value engineering study?

The formal six-step process of applying value engineering to an induvial project or program

The formal process of evaluating all cost elements across similar projects or programs

An informal process of evaluating performance deficiencies across similar projects or programs

An informal process of evaluating all cost elements in an individual project or program.

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