Dick, if you are getting paid to help design a vfd installation and do not spec 4 conductor shielded motor cable, then yes, you are caught with your pants down.
If you are a technician at a plant and are asked about this and you have no experience in the area and say so then suggest just 3 wires run will suffice, you are probably ok, although of course wrong.
Not sure if you are asking a question here, or just making a statement that if one is paid to engineer a vfd installation and they do not suggest 4 conductor vfd shielded cable be used, they are not doing their client justice.
BTW, Alpha makes very good cable, but their hype in the attached reference is, to some extent, well hype, about their cable being 40% vs the next best being 30% good. Of course there is good, better, best shielded cable, but that doc seems too far into our stuff is better than everyone else area IMHO. Now if they compared their 80% shield coverage to someone elses 70% coverage, etc, then they are being honest.