One common and misleading way to think of
V1 is to say “V1 is the decision speed.” This is
misleading because V1 is not the point to begin
making the operational Go/No Go decision. The
decision must have been made by the time the
airplane reaches V1 or the pilot will not have
initiated the RTO procedure at V1. Therefore,
by definition, the airplane will be traveling at
a speed higher than V1 when stopping action
is initiated, and if the airplane is at a Field
Length Limit Weight, an overrun is virtually
assured.
Another commonly held misconception: “V1 is
the engine failure recognition speed”, suggests
that the decision to reject the takeoff following
engine failure recognition may begin as late as
V1. Again, the airplane will have accelerated to
a speed higher than VI before stopping action
is initiated.
The certified accelerate-stop distance calculation
is based on an engine failure at least one second
prior to V1. This standard time allowance
has been established to allow the line pilot
to recognize an engine failure and begin the
subsequent sequence of stopping actions.