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| Section | Weight | Objectives |
|---|---|---|
| Leadership and Facilitation | 15% | - Workshop facilitation skills - Leading value study teams - Stakeholder management and communication |
| Value Methodology Job Plan | 30% | - Evaluation phase - Presentation and implementation phase - Development phase - Preparation phase - Creative phase - Information phase - Function analysis phase |
| Value Methodology Principles and Concepts | 25% | - Definition and core concepts of Value - Origins, development and application scope of Value Methodology - Value index, function and cost relationship |
| Tools and Techniques | 20% | - Function analysis system technique (FAST) - Creative thinking and idea generation methods - Decision-making and evaluation tools - Cost analysis and worth assessment |
| Standards, Ethics and Application | 10% | - Professional ethics and responsibilities - Application in different industries and sectors - SAVE International standards and guidelines |
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NEW QUESTION # 110
Which of the following strategies should be employed to enhance the VM study presentation?
Choose 2 answers.
Answer: B,C
Explanation:
The correct strategies are A and C because the Presentation Phase is intended to communicate value alternatives clearly enough for management and stakeholders to make informed implementation decisions.
The SAVE Study Guide identifies the Presentation Phase purpose as presenting value alternatives to management, stakeholders, and decision makers, with the fundamental question focused on helping them make more informed decisions that fit strategic plans. ( ) Therefore, a concise summary of key points is essential because it reinforces the major recommendations, benefits, risks, and implementation direction without forcing decision makers to search through excessive detail.
Visuals such as charts and graphs are also appropriate because presentation products commonly include cost- versus-worth comparisons, present-worth analysis, risk analysis, and advantages-versus-disadvantages information. ( ) These items are best communicated visually when the objective is executive understanding and decision readiness. The formal VM Standard also states that the Presentation Phase involves an oral presentation followed by a written report, with the team obtaining approval or direction for additional information. ( courses.washington.edu ) A complex presentation format would reduce clarity, and detailed technical specifications belong mainly in the Development Phase technical data package, not as the primary means of enhancing the presentation.
References/topics: Presentation Phase; Value Alternatives; Management Decision Support; Oral Presentation; Formal Report.
NEW QUESTION # 111
Pareto's law of distribution can be applied to
Choose 4 answers.
Answer: A,B,C,E
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 # 112
SWOT stands for
Answer: A
Explanation:
The correct answer is B. strengths, weaknesses, opportunities, and threats . SWOT is a strategic assessment tool used to examine both internal and external conditions affecting an organization, program, project, or study subject. In the SAVE International certification study context, SWOT is identified as a tool under VM program and organizational assessment practices, specifically as Strengths, Weaknesses, Opportunities, and Threats . ( ) The distinction between the four terms is important. Strengths and weaknesses normally describe internal factors, such as organizational capability, resources, skills, process maturity, or limitations. Opportunities and threats normally describe external factors, such as market conditions, stakeholder expectations, regulatory changes, competing priorities, risks, or environmental influences. In a VM program, SWOT can help managers understand where the program is strong, where corrective improvement is needed, where expansion or innovation is possible, and where resistance or risk may affect implementation.
Options A, C, and D are incorrect because "organization," "standards," and "thresholds" are not part of the SWOT acronym. They may be relevant management terms, but they do not define SWOT.
References/topics: VM Programs; Strategic Assessment; SWOT Analysis; Program Planning; Organizational Readiness.
NEW QUESTION # 113
On the Function Logic Path, how do prescription eyeglasses correct vision?
Answer: B
Explanation:
The correct answer is D. Align focus . In Function Analysis, the team defines what the subject must do, not what its parts are. SAVE's study guidance states that functions are described using two-word active verb
/measurable noun pairings, and FAST is used to show how project functions relate to each other. ( ) For prescription eyeglasses, the basic function is correct vision . On the Function Logic Path, the "how" question asks: How do eyeglasses correct vision? The best functional answer is align focus because prescription lenses bend and direct light so the image focuses correctly for the user. This directly supports the basic function.
The other choices are supporting or secondary functions. Secure position helps hold the glasses properly on the face, but it does not itself correct vision. Minimize weight improves comfort, and improve durability supports dependability, but neither explains the direct functional mechanism of vision correction. FAST logic is specifically used to map these function relationships through How/Why reasoning, making align focus the correct lower-order function linked to "correct vision." ( ) References/topics: Function Analysis Phase; FAST Diagramming; Function Logic Path; Basic Function; Lower-Order Function.
NEW QUESTION # 114
The decision-makers agreed to implement a VM proposal requiring an organizational change. What should be done to improve success?
Choose 2 answers.
Answer: B,D
Explanation:
The correct answers are A. Encourage participation by those affected by the change and D. Appoint an oversight committee . In the Implementation Phase, the approved VM proposal must be converted from an accepted recommendation into an actual organizational action. When the proposal requires organizational change, technical approval alone is not enough; successful implementation depends heavily on acceptance, ownership, coordination, and follow-through.
Encouraging participation by those affected by the change is essential because employees, managers, operators, and process owners who must live with the change often understand the practical barriers, workflow impacts, training needs, and resistance points. Their involvement improves buy-in and reduces implementation failure.
Appointing an oversight committee is also appropriate because organizational change normally crosses departments, responsibilities, and authority levels. Oversight provides governance, monitors progress, resolves conflicts, confirms accountability, and ensures the approved VM proposal remains aligned with the intended value improvement.
Option B is less suitable because an implementation plan should be clear and controlled, but not so rigid that it prevents adjustment during organizational transition. Option C is not required; a consultant may help in special cases, but it is not a primary VM implementation requirement.
References/topics: Implementation Phase; Change Adoption; Stakeholder Participation; Implementation Governance; VM Proposal Follow-Through.
NEW QUESTION # 115
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