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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Leadership and Facilitation | 15% | - Workshop facilitation skills - Leading value study teams - Stakeholder management and communication |
| Topic 2: Tools and Techniques | 20% | - Cost analysis and worth assessment - Decision-making and evaluation tools - Creative thinking and idea generation methods - Function analysis system technique (FAST) |
| Topic 3: Standards, Ethics and Application | 10% | - Application in different industries and sectors - SAVE International standards and guidelines - Professional ethics and responsibilities |
| Topic 4: Value Methodology Principles and Concepts | 25% | - Value index, function and cost relationship - Definition and core concepts of Value - Origins, development and application scope of Value Methodology |
| Topic 5: Value Methodology Job Plan | 30% | - Function analysis phase - Presentation and implementation phase - Creative phase - Information phase - Evaluation phase - Preparation phase - Development phase |
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NEW QUESTION # 137
Which of the following actions would be appropriate for transforming your subject's information into a useful work breakdown structure?
Choose 2 answers.
Answer: B,D
Explanation:
The correct answers are C and D . A useful Work Breakdown Structure converts project or study information into a structured breakdown of the total scope. In VM program planning, this supports clearer control of deliverables, responsibilities, schedule logic, and implementation follow-up. The WBS is not simply a chronological activity list; it is a structured decomposition of the work into defined, manageable elements.
This aligns with standard project-management guidance that describes the WBS as a hierarchical breakdown of project work into smaller components or work packages. ( Atlassian ) Option C is correct because identifying major milestones or high-level outputs and then decomposing them into manageable elements is a practical way to convert broad study information into usable work packages.
Option D is also correct because breaking the project into defined elements is the core purpose of the WBS.
Option A is incorrect because chronological sequencing belongs more to scheduling, not WBS construction.
Option B is incorrect because cost estimating may use the WBS later, but the WBS itself should be organized around scope, deliverables, and work elements rather than cost first. PMI also treats the WBS as a foundational project-control structure. ( Project Management Institute ) References/topics: VM Programs; Work Breakdown Structure; Implementation Planning; Project Scope Decomposition; Deliverable Control.
NEW QUESTION # 138
After reviewing the VM study results, the decision-makers take no action. What strategies could the VM facilitator use to engage the group?
Choose 2 answers.
Answer: B,C
Explanation:
The correct answers are A and D . When decision-makers review VM study results but take no action, the facilitator is dealing with a change-response problem, not simply a technical presentation problem. In VM implementation guidance, this behavior aligns with the early "shock" response to change, where people may mentally shut down because the proposed change feels uncertain, risky, or disruptive. The recommended coping strategy is to create safety, structure, and visible support around the change.
Therefore, discussing allocation of time and resources is appropriate because implementation cannot move forward without clear commitment, staffing, schedule allowance, and management attention. The VM Guide identifies proper allocation of time and resources as a way to provide safety during change. It also states that shock and stress can be reduced by building a support network through a detailed implementation plan . ( pdfcoffee.com ) Option B is incorrect because the guidance emphasizes visible upper management support, not merely lower- level involvement. Option C is incorrect because limiting information increases uncertainty; the recommended approach is to provide broad, clear, and consistent information about the change.
References/topics: Implementation Phase; Change Management Strategies; Implementation Plan; Resource Allocation; Decision-Maker Engagement.
NEW QUESTION # 139
A VM study team struggles to reach consensus while evaluating an idea during the Evaluation Phase. Which approaches should the VM facilitator use?
Choose 3 answers.
Answer: B,C,D
Explanation:
The correct approaches are A, B, and D because the facilitator's role in the Evaluation Phase is to keep the team in a structured, objective decision process rather than prematurely discarding ideas or resetting the workshop. SAVE's Value Methodology Standard defines the Evaluation Phase as the point where the team uses a structured process to select ideas with value-improvement potential while considering project functions, performance requirements, and resource limits. ( ) When consensus is difficult, the facilitator should first clarify the idea. Modifying the idea title can remove ambiguity, improve shared understanding, and ensure the team is evaluating the same concept. Asking for more information is also appropriate because disagreement often reflects insufficient technical, cost, risk, or implementation detail.
The facilitator must also ensure that every team member has provided input, since VM relies on multidisciplinary team judgment and stakeholder expertise. The Standard identifies the team as a multidisciplinary group chosen for relevant expertise and experience, including different points of view. ( ) Removing the idea is premature unless it clearly fails criteria, and restarting the evaluation process is unnecessary unless the entire evaluation basis is invalid.
References/topics: Evaluation Phase; VM Facilitation; Team Consensus; Structured Evaluation; Idea Clarification.
NEW QUESTION # 140
Which of the following are reasons why the VM facilitator and VM study team members should participate in the Implementation Meeting?
Choose 3 answers
Answer: B,C,D
Explanation:
The correct answers are A, C, and E . The Implementation Meeting is not merely another presentation session; it is the point where management and the project team review the preliminary VM report, determine the disposition of each value alternative, establish action plans for accepted alternatives, obtain implementation commitments, and set timeframes for review and implementation. ( ) The VM facilitator and study team members should participate because they understand the technical basis, assumptions, cost comparisons, performance effects, and risk considerations behind the proposals. Therefore, they are needed to answer cost-impact questions , because accepted alternatives often depend on capital cost, operating cost, life-cycle cost, and implementation-cost implications. They are also needed to respond to technical questions , since the proposal write-ups include descriptions, sketches, assumptions, calculations, vendor information, performance data, and possible negative factors. ( ) They should also address the level of effort required for implementation , because implementation requires action steps, responsibilities, timing, resources, and follow-through. Option B is less appropriate because formal presentation occurs in the Presentation Phase. Option D is not the main purpose; the meeting disposes developed value alternatives, not creates a new set of alternative proposals.
References/topics: Implementation Phase; Implementation Meeting; Disposition of Value Alternatives; Cost Impact; Technical Clarification; Implementation Effort.
NEW QUESTION # 141
Which of the following are important to the success of the Presentation Phase?
Choose 3 answers.
Answer: C,D,E
Explanation:
The correct answers are A, C, and D because the Presentation Phase is focused on communicating developed VM results in a form that enables decision makers to understand, judge, and act on the team's recommendations. SAVE's Value Methodology Standard describes the Presentation Phase as the point where the team leader develops a report or presentation that "documents and conveys the adequacy" of the developed alternatives and their value improvement opportunity. ( ) Therefore, tailoring the material to the participants is essential. Executives, technical reviewers, owners, cost specialists, and implementation personnel require different levels of detail and emphasis. Timing of the presentation is also critical because VM results should be presented while the study findings are current, decision attention is active, and implementation momentum has not been lost. Level of development of proposal write-ups is equally important because weak or incomplete write-ups reduce credibility and make approval difficult.
Option B is incorrect because the team should not present every idea generated in Creativity; only evaluated and developed alternatives should advance. The Evaluation Phase selects ideas with value potential, and the Development Phase turns selected ideas into documented proposals for decision making. ( ) References/topics: Presentation Phase; Development Phase; VM Proposal Write-Ups; Decision-Maker Communication; VM Results Presentation.
NEW QUESTION # 142
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