Which statement best describes a Monitoring and Verification (M&V) plan?

• A. A schedule for commissioning meetings and approvals
• B. A plan for gathering relevant measurement data over time to evaluate equipment or system performance (correct)
• C. A list of equipment to install in the space
• D. A warranty analysis plan

Answer: (B)

Monitoring and Verification focuses on gathering and analyzing measurement data over time to determine how a system or equipment is performing relative to its intended performance. It specifies what data will be collected (such as energy use, flow, temperatures, and equipment states), where measurements occur, the methods and instruments used, how often data is collected, and how it will be validated and analyzed. It also defines the baseline, the performance or savings metrics, data quality objectives, and reporting requirements so progress can be tracked and savings verified. The goal is to provide evidence of sustained performance and ongoing verification, not just to plan meetings, compile a list of equipment, or conduct warranty analyses. This makes it the best description because it centers on the actual measurement and evaluation over time to confirm how well the system performs.