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| Section | Objectives |
|---|---|
| Value Methodology Core Competencies | - Value Concept
- Value Methodology Foundations
- VM Study Execution and Team Management - Advanced VM Practice (Leadership-level application) - VM Facilitation and Leadership |
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NEW QUESTION # 125
What is the most appropriate description of the Information Phase?
Answer: A
Explanation:
The most appropriate description of the Information Phase is to gather, organize, review, and transform data collected . In the Value Methodology Job Plan, the Information Phase begins the formal Value Study and is used to complete the data package that was initiated during the Pre-Study/Preparation work. The SAVE Value Methodology Standard identifies the Information Phase under the Value Study and lists its immediate output as completing the data package and modifying the scope when needed. ( UW Courses ) This phase is not merely administrative scheduling or management approval. Its purpose is to ensure the team has a clear factual basis before moving into Function Analysis. The project sponsor or designer may brief the team, the team asks questions based on prior data research, site visits may be completed, improvement targets such as value, cost, performance, and schedule are agreed, and the scope is reviewed based on new information. ( UW Courses ) Option A and B are mainly Pre-Study/Preparation activities. Option D is partially related, but too narrow because the Information Phase supports the entire study, not only Function Analysis.
References/topics: Information Phase; Value Methodology Job Plan; Data Package; Scope Review; Study Targets.
NEW QUESTION # 126
Which of the following are specific VM facilitator tasks to be completed prior to the VM study workshop?
Choose 2 answers.
Answer: C,D
Explanation:
The correct answers are A and B because both are facilitator responsibilities performed during the Pre- Workshop / Preparation Phase . The SAVE study guide defines this stage as the point where the team must
"Plan and organize the Value Study" and asks the fundamental question: "What has to be done to prepare for a Value Study?" Its listed activities include obtaining project data, collecting key documents such as scope definitions, drawings, specifications, reports, estimates, gathering customer/user information, distributing information to team members, developing the study schedule, and determining dates, times, location, and logistical needs. ( cdn..com ) Therefore, compiling information for use in the Information Phase is a proper facilitator task. Likewise, developing a high-level agenda or schedule and reviewing it with the client for concurrence is consistent with the preparation requirement to establish scope, objectives, timing, logistics, roles, responsibilities, and management expectations before the workshop begins.
Option C is incorrect because Implementation occurs after the workshop when accepted alternatives are reviewed, action plans are assigned, and changes are tracked. ( cdn..com ) Option D is incorrect because identifying project functions is principally a Function Analysis Phase team activity, not a facilitator pre- workshop decision. ( cdn..com ) References/topics: Preparation Phase; Pre-Workshop Activities; Information Phase Readiness; VM Facilitation and Team Dynamics.
NEW QUESTION # 127
Which of the following should be considered when preparing the VM study report?
Choose 3 answers.
Answer: A,C,E
Explanation:
The correct answers are B, D, and E . The VM study report is a formal communication tool prepared after the study to document the study process, findings, developed proposals, expected benefits, implementation considerations, and decision-support information. Therefore, the status of the VM study subject must be considered because the report should reflect the current condition, design stage, project phase, constraints, assumptions, and decisions affecting the subject.
The report must also focus on the typical audience of stakeholders and project managers . These readers need clear, usable information to understand the value opportunities, proposal rationale, cost/performance impacts, and implementation requirements. The report should support management action, not simply record technical discussion.
Option E is also correct because the report should be understandable to people who were not directly involved in the VM study . A good VM report allows future reviewers, decision makers, implementation teams, and auditors to understand what was studied, what alternatives were recommended, and why.
Option A is incorrect because "non-study focus groups" are not a primary consideration in preparing the study report. Option C is incorrect because excessive technical language can reduce clarity; the report should be clear, concise, and audience-focused.
References/topics: Presentation Phase; VM Study Report; Stakeholder Communication; Proposal Documentation; Decision Support.
NEW QUESTION # 128
Which of the following activities should be prioritized during the Evaluation Phase to analyze the subject's impact?
Choose 2 answers
Answer: B,C
Explanation:
The correct answers are B and D . The Evaluation Phase requires the VM team to apply a structured evaluation process so that ideas are judged against defined requirements rather than informal preference.
SAVE's Value Methodology Standard states that the team selects ideas with potential for value improvement while still delivering the required functions and considering performance requirements and resource limits. ( ) Therefore, setting baseline criteria is essential because impact cannot be measured unless the current or expected performance condition is defined first. Baselines allow future outcomes to be compared against the starting point and help determine whether the selected alternative actually improves value. Defining key performance indicators is also correct because KPIs translate subject objectives into measurable evaluation factors, such as time, quality, productivity, service level, risk reduction, cost effectiveness, or functional performance.
Option A is weak because a one-time opinion survey may provide useful input, but it does not create a disciplined impact-measurement framework. Option C is too narrow because budget review only addresses financial efficiency and does not fully evaluate subject impact. The official SAVE Core Competencies also place "establish evaluation framework" and "establish evaluation criteria" directly within the Evaluation Phase.
References/topics: Evaluation Phase; Evaluation Framework; Evaluation Criteria; KPI Alignment; Baseline Measurement; Subject Impact Analysis.
NEW QUESTION # 129
Which of the following are the purposes of function analysis?
Choose 4 answers.
Answer: C,D,E,F
Explanation:
The correct answers are B. Stimulate communication, C. Change viewpoints, D. Expand knowledge, and E.
Identify opportunities . Function Analysis is the central differentiator of the Value Methodology because it forces the team to define what the project, product, process, or service must do , rather than defending existing solutions. SAVE's Study Guide states that Function Analysis is the foundation of VM and that functions are identified within the study scope using active verb/measurable noun descriptions. It further explains that naming functions enables clear thinking, helps multidisciplinary teams build shared understanding, and allows the team to identify where value-improvement opportunities exist. ( ) Function Analysis therefore stimulates communication by giving different disciplines a common functional language. It changes viewpoints by shifting discussion from components and preferred solutions to required purposes. It expands knowledge because team members learn how functions, resources, cost, worth, and performance relate. It also identifies opportunities by exposing inefficient, high-cost, unnecessary, or poorly performed functions.
Option A is less precise because Function Analysis does not primarily "communicate ideas"; idea communication occurs more strongly in Creativity, Development, and Presentation. Option F is incorrect because opportunities are identified in Function Analysis, while new alternatives are created in the Creativity Phase.
References/topics: Function Analysis Phase; Function Definition; Shared Understanding; Value Improvement Opportunities; FAST/Function Modeling.
NEW QUESTION # 130
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