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| Section | Objectives |
|---|---|
| Professional Practice Requirements | - Value study facilitation - Project documentation and reporting |
| Value Methodology Overview | - Principles of Value Engineering / Value Analysis
|
| Job Plan Phases | - Development Phase
|
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NEW QUESTION # 43
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 # 44
Which of the following assists the VM Facilitator in creating a collaborative client relationship?
Choose 3 answers.
Answer: A,B,C
Explanation:
The correct answers are A, C, and E . A VM Facilitator creates a collaborative client relationship by first diagnosing client needs and then tailoring the VM Job Plan to produce the intended outcomes. Value Methodology is not a rigid checklist; it is a systematic, function-oriented team process led by a qualified facilitator to improve value. ( Value Engineering ) Therefore, the facilitator must understand the client's objectives, constraints, decision environment, and expected deliverables before structuring the study.
Analyzing organizational involvement is also essential because successful VM depends on the correct sponsor, decision-makers, technical experts, users, and stakeholders being involved at the right level. The SAVE certification study material identifies Pre-Workshop responsibilities such as identifying team members, obtaining commitment, and preparing the study structure. ( ) Clarifying mutual involvement completes the collaborative relationship by defining how the facilitator, client, sponsor, team, and management will participate. This builds shared ownership and prevents misunderstanding. Option B is too narrow because structure alone does not create collaboration. Option D is incorrect because "dictating" tasks and responsibilities is directive, not collaborative.
References/topics: VM Facilitation; Client Relationship; Preparation Phase; Team Dynamics; VM Job Plan Planning.
NEW QUESTION # 45
Carpet and vinyl tile are acceptable alternatives for an owner to cover 1,000 square meters of floor.
Carpet
Installation cost, including pad = $30 / square meter
Service life = 10 years
Maintenance cost: vacuum weekly = $500 / month
Maintenance cost: shampoo once per year = $3,000 / shampoo
Vinyl
Installation cost, including pad = $10 / square meter
Service life = 15 years
Maintenance cost: vacuum weekly = $400 / month
Maintenance cost: strip and wax once per month = $1,000 / strip and wax What is the initial cost of the carpet ?
Answer: C
Explanation:
The correct answer is A. $30,000 . The question asks only for the initial cost of the carpet, not its annual maintenance cost, life-cycle cost, present worth, or equivalent annual cost. In SAVE terminology, initial cost means the first expenditure required to acquire, produce, construct, or install the project, product, or process.
The SAVE VM Dictionary identifies initial cost as the initial expenditure of resources and also treats it as interchangeable with capital cost. It separately defines life-cycle cost as the sum of initial cost, recurrent annual cost, single expenditures, and disposal or salvage value over a defined period. Therefore, the maintenance costs and service-life data are distractors for this specific calculation.
The carpet covers 1,000 square meters , and the installation cost is $30 per square meter . The calculation is:
1,000 × $30 = $30,000
Options B, C, and D incorrectly imply that additional costs have been added to the initial installation cost. In the Evaluation Phase, CVS candidates must identify the cost category being requested before performing the calculation. SAVE's VM Standard places structured evaluation after creativity to compare alternatives while considering performance requirements and resource limits.
References/topics: Evaluation Phase; Initial Cost; Capital Cost; Life-Cycle Cost Analysis; Cost Classification.
NEW QUESTION # 46
A well-managed VM program will include a process
Choose 2 answers.
Answer: A,D
Explanation:
The correct answers are A and C . A well-managed Value Methodology program must have a structured process for deciding which subjects should receive VM studies and when VM should be applied . VM program management is not simply about conducting studies randomly; it requires screening potential projects, products, processes, or services to determine where VM effort can create meaningful value improvement. The VM Guide program-management section specifically includes "Selecting subjects for VM studies" and "Timing of VM studies" as key management areas. ( pdfcoffee.com ) Option A is correct because subject selection helps the organization focus limited VM resources on studies with suitable size, complexity, risk, cost, performance concern, or strategic importance. Option C is correct because timing matters. SAVE guidance notes that VM may be applied at different points in a subject's life cycle, and early application often improves direction before later implementation costs increase. ( ) Option B is incorrect because no VM program can guarantee return on investment from every individual study. Option D is incorrect because requiring a VM study on every subject would waste resources and ignore proper screening criteria.
References/topics: VM Programs; VM Program Management; Selecting VM Study Subjects; Timing of VM Studies; VM Application Criteria.
NEW QUESTION # 47
Which of the following are key considerations when selecting an in-person meeting room?
Choose 4 answers.
Answer: A,B,E,F
Explanation:
The correct answers are C, D, E, and F . Selecting an in-person VM workshop room is a Preparation Phase responsibility because the facilitator must create conditions that support team interaction, visible work products, and uninterrupted execution of the Job Plan. The SAVE Study Guide identifies Pre-Workshop activities as planning and organizing the Value Study, including determining "study dates, times, location and other logistical needs." ( ) It also emphasizes that the VM Job Plan supports team synergy through a structured process, not isolated individual opinions. ( ) A U-shaped table arrangement supports facilitation because participants can see one another, engage in discussion, and view flip charts or projected material. Availability for the full workshop duration is essential because the Study Guide notes that sufficient time must be allotted to apply the VM process and document findings; losing the room interrupts phase continuity. ( ) Windows and wall space matter because VM workshops rely heavily on posted functions, FAST diagrams, idea lists, evaluation matrices, and proposal development materials. Temperature controls are also important because an uncomfortable environment reduces concentration and participation during long workshop sessions. Chair comfort and site proximity may be useful, but they are secondary compared with room layout, uninterrupted access, display/workspace, and environmental control.
References/topics: Preparation Phase; Pre-Workshop Logistics; VM Facilitation; Workshop Environment; Team Dynamics.
NEW QUESTION # 48
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