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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Tools and Techniques | 20% | - Creative thinking and idea generation methods - Cost analysis and worth assessment - Function analysis system technique (FAST) - Decision-making and evaluation tools |
| Topic 2: Standards, Ethics and Application | 10% | - Application in different industries and sectors - SAVE International standards and guidelines - Professional ethics and responsibilities |
| Topic 3: Value Methodology Principles and Concepts | 25% | - Origins, development and application scope of Value Methodology - Definition and core concepts of Value - Value index, function and cost relationship |
| Topic 4: Leadership and Facilitation | 15% | - Stakeholder management and communication - Leading value study teams - Workshop facilitation skills |
| Topic 5: Value Methodology Job Plan | 30% | - Presentation and implementation phase - Information phase - Development phase - Creative phase - Evaluation phase - Function analysis phase - Preparation phase |
Our CVS study practice guide takes full account of the needs of the real exam and conveniences for the clients. Our CVS certification questions are close to the real exam and the questions and answers of the test bank cover the entire syllabus of the real exam and all the important information about the exam. Our CVS Learning Materials can stimulate the real exam's environment to make the learners be personally on the scene and help the learners adjust the speed when they attend the real CVS exam.
NEW QUESTION # 101
Other than the creative ideas list and evaluation scores, which of the following information should be included in a value study report?
Answer: A
Explanation:
The correct answer is C. Recommended alternatives, list of information reviewed, and function analysis . A value study report must document the technical basis of the VM study and provide management with enough objective information to make implementation decisions. The Presentation Phase requires the VM team to prepare presentation/supporting documentation, compare conclusions to success requirements from the Information and Function Analysis Phases, ensure management has full objective information, and prepare a formal report. ( ) Recommended alternatives belong in the report because the Development Phase converts selected ideas into clearly written value alternatives, supported by assumptions, sketches, calculations, cost comparisons, and implementation considerations. ( ) A list of information reviewed is also appropriate because the Information Phase gathers project data, key documents, cost data, quality data, marketing information, process flow charts, and other baseline material. ( ) Function analysis is essential because it records the functional basis of the study, including identified functions, function models, cost drivers, performance attributes, and value- mismatched functions. ( ) Option A is administrative and incomplete. Option B includes a stakeholder survey, which is not a standard core report element. Option D is weakened by "VM presentation," because the presentation is separate from the report deliverable.
References/topics: Presentation Phase; Value Study Report; Information Phase; Function Analysis Phase; Development Phase; Recommended Alternatives.
NEW QUESTION # 102
How does leveraging the ambiguity of functions foster creativity?
Choose 2 answers.
Answer: A,C
Explanation:
The correct answers are B and D . In Value Methodology, functions are intentionally expressed at an abstract level, normally in an active verb / measurable noun format, so the team can move away from the existing physical solution and examine what the subject must accomplish. SAVE guidance states that the Function Analysis Phase requires understanding the project from a functional perspective: what it must do, rather than how it is currently conceived . It also states that this phase identifies functions on which to focus the Creativity Phase. ( ) This abstraction creates productive ambiguity. Instead of locking the team into a component, design feature, or known process, the function statement reframes the subject context and opens multiple possible ways to satisfy the same need. That directly supports divergent thinking , which is specifically associated with Creativity in the CVS body of knowledge, including unrestricted idea generation, large quantities of ideas, and suspending judgment until Evaluation. ( ) Option A is incorrect because convergent thinking belongs to Evaluation, where ideas are reduced and prioritized. Option C is also incorrect because structure may support FAST or function modeling, but ambiguity fosters creativity by loosening solution bias, not by focusing on structure.
References/topics: Creativity Phase; Function Analysis Phase; Divergent Thinking; Function Abstraction; Subject Reframing.
NEW QUESTION # 103
What is the most appropriate description of the Information Phase?
Answer: B
NEW QUESTION # 104
What tool could the VM study team use to show customer satisfaction?
Answer: C
Explanation:
The correct answer is Customer FAST . In Value Methodology, FAST is used in the Function Analysis Phase to model how functions relate to each other and to clarify what the project must accomplish from a functional perspective. The customer-oriented version of FAST is specifically designed to reflect that the customer determines value in the function analysis process. The SAVE study guide describes the Customer-Oriented FAST model as a variation that adds customer-focused support functions such as "attract users," "satisfy users," "assure dependability," and "assure convenience." ( ) This makes Customer FAST the best tool when the study team wants to show customer satisfaction as part of the value logic. Quality Function Deployment can capture or translate the voice of the customer, but the question asks for a tool to show customer satisfaction within the VM function structure. A quality management plan is a project quality control document, not a VM function model. A resource model addresses inputs or resource use rather than customer-perceived value. Therefore, Customer FAST is the most technically precise answer.
References/topics: Function Analysis Phase; FAST Diagramming; Customer-Oriented FAST; Customer Attitude; Function Modeling.
NEW QUESTION # 105
What is the role of the VM facilitator during the Development Phase?
Choose 2 answers.
Answer: A,C
Explanation:
The correct answers are A. Review VM proposals and C. Rewrite VM proposals . During the Development Phase, selected ideas are converted into formal VM proposals with enough documentation for decision makers to determine whether implementation is justified. SAVE's VM Standard Reference states that, in this phase, the VM study team develops selected ideas into VM proposals with sufficient documentation for implementation decisions.
The facilitator's role is not to become the technical author or researcher for each proposal. Instead, the facilitator manages the process, maintains consistency, reviews proposal quality, checks clarity, confirms that required elements are included, and helps revise or rewrite proposal narratives so they are understandable, complete, and decision-ready. This aligns with the facilitator's broader duty to lead the multidisciplinary VM process, keep the team disciplined within the Job Plan, and ensure outputs support value-based decisions.
SAVE describes VM as a systematic process used by a multidisciplinary team led by a qualified VM facilitator.
Option B is incorrect because proposal preparation is primarily the responsibility of assigned team members or technical specialists. Option D is incorrect because background research is normally performed by the proposal owner or subject-matter experts, not by the facilitator as a primary role.
References/topics: Development Phase; VM Proposal Development; VM Facilitator Role; Proposal Review and Revision; VM Job Plan.
NEW QUESTION # 106
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