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| Section | Objectives |
|---|---|
| Value Methodology Core Competencies | - Value Methodology Foundations
- Value Methodology Job Plan Application - Function Analysis - Advanced VM Practice (Leadership-level application) - VM Study Execution and Team Management |
>> CVS Practical Information <<
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NEW QUESTION # 69
During the Implementation Phase, the project manager is tasked to ensure compliance with internal tracking and auditing procedures. Which action would most effectively demonstrate the application of tracking and audit knowledge and skills?
Answer: B
Explanation:
The correct answer is C because it directly applies both tracking and audit controls during the Implementation Phase. The CVS/SAVE Value Methodology guidance defines Implementation Activities as ensuring that accepted value alternatives are actually implemented and that the projected benefits are realized. It also identifies implementation responsibilities such as establishing action plans, obtaining commitments, setting review timeframes, tracking value achievement, signing off deliverables, validating benefits, and managing the implementation plan. ( ) Regular audits of project documentation are the most effective action because they verify that recorded data is accurate, current, traceable, and compliant with internal procedures while implementation is still active. This supports corrective action in real time rather than after-the-fact discovery. Option A is incomplete because it excludes tracking procedures. Option B monitors milestones but deliberately avoids auditing the process, which weakens compliance assurance. Option D is reactive and delayed; reviewing logs only at project close does not adequately control implementation performance or prevent noncompliance during execution. The SAVE study guide also emphasizes the value tracking process and tracking implementation results as part of VM program discipline. ( ) References/topics: Implementation Phase; Value Tracking Process; Implementation Plan; Follow-Up Activities; VM Program Reporting.
NEW QUESTION # 70
A team wants to skip Function Analysis because the design solution already appears obvious. What is the best CVS-level response?
Answer: D
Explanation:
The correct answer is C . Function Analysis is not an optional administrative exercise. SAVE's VM Standard states that, for a study to qualify as a Value Study, the team must follow an organized Job Plan and perform Function Analysis as defined in the standard. It also states that the team defines functions using active verb
/measurable noun language and analyzes them to determine which need improvement, elimination, or creation.
Option A is wrong because expert confidence does not replace the VM process. Experts are valuable, but they often carry design bias. Option B destroys the logic of the Job Plan because Development should refine selected ideas, not bypass function understanding. Option D may provide useful cost intelligence, but benchmarking does not identify required functions or function relationships. The disciplined CVS answer is that Function Analysis protects the team from solution fixation. It reveals what must be accomplished, which functions consume resources, and where value mismatches exist. Skipping it reduces VM to ordinary design review.
References/topics: Function Analysis Phase; Valid Value Study; VM Job Plan Discipline.
NEW QUESTION # 71
Which of the following activities should a VM Facilitator recommend decision-makers conduct prior to the disposition of VM proposals?
Answer: B
Explanation:
The correct answer is D. Review VM proposals . Prior to the formal disposition of VM proposals, decision- makers must first understand what has been recommended, why each proposal was developed, what value improvement is expected, and what effects the proposal may have on cost, performance, quality, schedule, and risk. SAVE's VM Standard Reference describes the Implementation Phase as the point where the sponsoring organization reviews the results of the VM study and decides which VM proposals to implement .
( )
This sequence is important. Review comes before disposition. Disposition means determining whether each VM proposal is accepted, rejected, deferred, modified, or requires additional study. The SAVE Study Guide also identifies common implementation activities as reviewing the preliminary report and then conducting an implementation meeting to determine the disposition of each value alternative. ( ) Option A occurs after proposals are accepted, because the implementation plan is developed for approved actions. Option B may occur only when information is incomplete, but it is not the normal decision-maker activity before disposition. Option C is essentially the disposition activity itself, not the step before it.
References/topics: Implementation Phase; VM Proposal Review; Preliminary Report; Disposition of Value Alternatives; Implementation Planning.
NEW QUESTION # 72
What should the VM facilitator primarily consider when guiding discussion on which VM proposals to present when time is limited?
Choose 2 answers.
Answer: B,C
Explanation:
The correct answers are A. Proposals that provide the greatest benefit and B. The relative risk of each proposal . During the Presentation Phase, the VM team must communicate recommendations that are strong enough to justify management action. SAVE's VM guidance states that developed alternatives should include cost, performance data, implementation cost, and consideration of risk and uncertainty . It also identifies performance benefit analysis as part of developing alternatives before presentation. ( UW Courses ) When time is limited, the facilitator should guide the team toward proposals with the highest value contribution, not simply the easiest or cheapest ideas. A proposal with the greatest benefit is most aligned with VM's purpose: improving value by achieving required functions more effectively. Risk is also essential because decision makers must understand whether the recommendation is practical, credible, and acceptable for implementation.
Option C may be attractive, but ease of implementation alone does not prove high value. Option D is incorrect because low cost impact may produce limited value improvement and may not justify presentation priority.
The Presentation Phase seeks concurrence and commitment from decision makers to proceed with implementation of recommendations. ( UW Courses ) References/topics: Presentation Phase; Development Phase; VM Proposal Selection; Risk and Uncertainty; Performance Benefit Analysis.
NEW QUESTION # 73
Select the best matches for the functions of prescription eyeglasses.
Answer:
Explanation:
Explanation:
The correct matches are based on formal Function Analysis classification. SAVE defines a function as what a project, product, or process must do, independent of what it is or how it is accomplished, and it should be stated in active verb/measurable noun form. A basic function is the specific purpose for which the product exists and answers "What must it do?" For prescription eyeglasses, that purpose is Correct vision . SAVE's function-analysis examples for spectacles also classify Correct Vision as the basic function.
A higher order function represents the broader need or outcome that causes the basic function to exist.
Correcting vision exists to Enhance vision , so that is the best higher-order match. A lower order function is outside the study scope and represents a required input. For prescription eyeglasses, the prescription must be determined first; therefore Assess vision is the best lower-order function. A secondary function supports the basic function and results from the selected design approach. In eyeglasses, the frames, bridge, arms, and related hardware support the basic function by Positioning lenses correctly in front of the eyes. "Fit face" is also a supporting idea, but it is less direct than "Position lenses" for this one-slot secondary classification.
References/topics: Function Analysis Phase; Basic Function; Higher Order Function; Lower Order Function; Secondary Function; FAST Logic.
NEW QUESTION # 74
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