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| Section | Weight | Objectives |
|---|---|---|
| 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 |
| Leadership and Facilitation | 15% | - Stakeholder management and communication - Leading value study teams - Workshop facilitation skills |
| Standards, Ethics and Application | 10% | - SAVE International standards and guidelines - Application in different industries and sectors - Professional ethics and responsibilities |
| Value Methodology Job Plan | 30% | - Function analysis phase - Development phase - Creative phase - Preparation phase - Presentation and implementation phase - Evaluation phase - Information phase |
| Value Methodology Principles and Concepts | 25% | - Value index, function and cost relationship - Origins, development and application scope of Value Methodology - Definition and core concepts of Value |
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NEW QUESTION # 17
Which of the following indicates the need to train managers, team members, or decision-makers in the Value Methodology?
Choose 3 answers.
Answer: A,B,C
Explanation:
The correct indicators are poor results , reluctance to participate in a value study , and lack of management support . These are behavioral and organizational symptoms showing that the Value Methodology is not being understood, accepted, or applied correctly. VM depends on a disciplined Job Plan, qualified facilitation, multidisciplinary participation, and informed decision-making. SAVE describes VM as a systematic process applied by a multidisciplinary team to improve value through function analysis, and SAVE also emphasizes education, training, and certification as part of competent VM practice. ( Value Engineering ) Poor results suggest that participants may be using VM tools mechanically without understanding function analysis, value improvement, or the Job Plan logic. Reluctance to participate usually reflects misunderstanding, fear of criticism, or lack of awareness of the benefits of VM. Lack of management support is especially critical because VM programs require sponsorship, resources, implementation authority, and decision-maker commitment. Lack of technical expertise is not primarily a VM training indicator; it is a team composition issue. Lack of funding is a resource constraint, not direct evidence that VM education is needed.
References/topics: VM Programs; VM Training; Management Support; Program Implementation; Team Participation; Value Study Effectiveness.
NEW QUESTION # 18
When is the most appropriate time to acquire information from the customer?
Answer: B
Explanation:
The correct answer is C. Before the VM study begins . Customer information must be acquired during the Preparation Phase , also called the pre-study effort, because the VM facilitator needs accurate project knowledge before the formal study session starts. This includes the customer's objectives, needs, constraints, priorities, budget concerns, schedule requirements, performance expectations, risk issues, and definition of success. Without this information, the VM team may begin the study with an unclear scope, incomplete data, or incorrect assumptions.
The customer's input also helps the facilitator select the right team members, prepare the agenda, identify required documents, define study boundaries, and confirm the decision-making framework. By the time the team enters the Information Phase, the study should already be organized and supported by relevant background data.
Option A is weaker because waiting until the study begins reduces efficiency and may waste team time.
Option B is incorrect because the final presentation is for communicating recommendations, not collecting basic customer requirements. Option D is incorrect because conceptual development occurs after functions and ideas have already been analyzed.
References/topics: Preparation Phase; Pre-Study Activities; Customer Requirements; Study Scope; VM Job Plan; Information Readiness.
NEW QUESTION # 19
Match the statements that best identify a FAST diagram and flowchart.
Answer:
Explanation:
Explanation:
The correct matches are FAST Diagram = Describes the purpose of the study subject and Flowchart = Describes the activities of the study subject . In Value Methodology, a FAST diagram is not an activity map. It is a function model. SAVE's Study Guide defines a function as the original intent or purpose that a product, service, or process is expected to perform, expressed in active verb/measurable noun form. It also defines FAST as a graphical representation of dependent relationships between functions within a project.
Therefore, FAST is used to understand the functional purpose and how functions logically relate through "how
/why" thinking.
A flowchart is different. It represents process flow: the sequence of activities, steps, or operations used by the study subject. SAVE's glossary defines a process as a sequence of activities that delivers a product or project.
That aligns directly with the option "Describes the activities of the study subject."
"Identifies flaws" is too narrow; defects may be discovered during analysis, but that is not the defining purpose of either tool. "Prioritizes activities" is also incorrect because prioritization normally belongs to evaluation or decision methods, not basic FAST or flowchart definition.
References/topics: Function Analysis Phase; FAST Diagramming; Function Modeling; Process Flowchart; How-Why Logic.
NEW QUESTION # 20
Pareto's law of distribution can be applied to
Choose 4 answers.
Answer: A,B,D,F
Explanation:
The correct answers are A, C, D, and E . Pareto's law of distribution, often expressed as the 80/20 principle , is used in Value Methodology to focus team attention on the "vital few" items that create the greatest effect.
In a VM study, this principle helps the team avoid spreading effort equally across all issues and instead concentrate on the limited number of elements that drive most of the project impact.
It can be applied to time , because a small number of activities often consume most of the schedule or create major delay exposure. It can be applied to quality , because a limited group of defects, failures, or performance gaps may account for most quality problems. It can be applied to risk , because a small number of risk events often carry the largest probability-impact burden. It is also highly applicable to costs , because VM studies commonly use cost models and cost distribution to identify high-cost elements for function analysis and value improvement.
Standards are not normally treated as Pareto-distributed variables; they are requirements or constraints.
Performance is important in VM, but Pareto application is more directly tied to measurable distributions such as cost, time, quality problems, and risk exposure.
References/topics: Information Phase; Pareto Analysis; Cost Modeling; Risk Identification; Quality Drivers; Schedule Drivers.
NEW QUESTION # 21
What are tools the VM facilitator might use during the Creativity Phase?
Choose 3 answers.
Answer: A,C,E
Explanation:
The correct answers are Reverse brainstorming, Hitchhiking, and Mind-mapping . In the Creativity Phase , the VM facilitator leads the team in generating many possible alternatives for performing the required functions identified during Function Analysis. The objective is divergent thinking: produce a broad range of ideas without judging them too early. SAVE's certification study material identifies creativity as a distinct VM Job Plan area and emphasizes idea generation before moving into Evaluation. ( ) Reverse brainstorming is appropriate because it helps the team approach a function or problem from the opposite direction, often revealing hidden assumptions and new solution paths. Hitchhiking is also a valid creativity technique because one team member builds on another person's idea, improving participation and expanding idea quantity. Mind-mapping supports creativity by visually organizing related thoughts around a central function or issue, helping the team see connections and generate additional alternatives.
SWOT analysis is not primarily a Creativity Phase tool; it is more commonly used for strategic assessment.
RACI matrix is also incorrect because it assigns responsibilities and accountabilities, which fits planning or implementation control, not creative idea generation.
References/topics: Creativity Phase; Idea Generation; Brainstorming Techniques; Divergent Thinking; VM Facilitation.
NEW QUESTION # 22
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