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| Section | Objectives |
|---|---|
| Topic 1: Value Methodology Core Competencies | - Function Analysis - Value Concept
- Advanced VM Practice (Leadership-level application) - Value Methodology Foundations
- Value Methodology Job Plan Application |
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NEW QUESTION # 34
Which of the following actions is the most effective method for encouraging stakeholder engagement during the implementation phase?
Answer: D
Explanation:
The correct answer is D. Coordinate with the project manager to distribute information to stakeholders .
In the Implementation Phase , the purpose is not merely to produce documentation; it is to ensure that approved VM proposals are converted into executed actions. SAVE's VM Standard Reference states that during implementation, the sponsoring organization reviews VM study results, decides which proposals to implement, and develops and executes an implementation plan to actualize the value improvements.
Stakeholder engagement depends on timely, coordinated, and project-controlled communication. The project manager is normally the central execution authority, so coordinating with the project manager ensures that stakeholders receive the right information, understand decisions, know implementation responsibilities, and remain aligned with schedule, cost, quality, risk, and performance expectations.
Option A is ineffective because assigning tasks before informing stakeholders can create resistance and reduce buy-in. Option B supports documentation but does not actively engage stakeholders. Option C may be useful, but handing out the VM study report during a meeting is passive and often too late to build ownership.
Coordinated information distribution through the project manager is the most effective engagement mechanism.
References/topics: Implementation Phase; VM Study Results; Implementation Plan; Stakeholder Communication; Project Manager Coordination.
NEW QUESTION # 35
Subject information:
Service Life = 12 years
Fuel = $9.00 per liter
Annual kilometers driven = 40,000 kilometers
Car A: Paid $40,000 , needs batteries every two years at $600 , needs tires every two years at $1,000 , fuel efficiency = 10 kilometers per liter .
Car B: Paid $50,000 , needs tires every two years at $2,000 , fuel efficiency = 15 kilometer per liter .
Car C: Paid $60,000 , needs tires every two years at $4,000 , fuel efficiency = 20 kilometer per liter .
What is the annual cost for Car C for the service life of the vehicle?
Answer: C
Explanation:
The correct answer is B. $216,000 . The question is asking for the annual operating cost for Car C across the full 12-year service life , not the one-year annual fuel cost alone. In life-cycle cost analysis, SAVE defines life-cycle cost as the sum of initial cost, recurrent annual cost, single expenditures, and disposal cost or salvage value over a specified period. It also defines recurrent annual cost as the operation and maintenance cost that occurs throughout each year of service life.
For Car C , annual fuel use is calculated from the annual driving distance and fuel efficiency:
40,000 km per year ÷ 20 km per liter = 2,000 liters per year
Fuel costs $9.00 per liter , so the annual fuel cost is:
2,000 liters × $9 = $18,000 per year
The service life is 12 years , so the annual cost over the service life is:
$18,000 × 12 years = $216,000
Option A. $18,000 is only the annual cost for one year. Option C. $198,000 has no valid basis from the stated data. Option D. $36,000 would match neither Car C's annual fuel use nor its service-life total. Tire replacement cost is excluded because the question asks for annual cost, not repair and replacement cost.
References/topics: Evaluation Phase; Life-Cycle Cost; Recurrent Annual Cost; Fuel Operating Cost; Service Life Costing.
NEW QUESTION # 36 
Which of the following is an "all-the-time" function in a FAST diagram for prescription eyeglasses?
Answer: D
Explanation:
The correct answer is C. Position lenses . In FAST diagramming, functions are expressed in a disciplined active verb / measurable noun format, and the purpose of the diagram is to show how project, product, or process functions logically relate to each other. The SAVE certification study material identifies FAST as a graphical mapping tool that helps team members understand how functions relate, while preserving the basic function and analyzing supporting functions. ( ) An "all-the-time" function is a supporting or simultaneous function that must occur continuously while the product performs its basic function. FAST construction tests this by asking: when this function is being performed, what other function must also occur? This "when" relationship identifies functions that occur together, not necessarily functions timed by a clock.
For prescription eyeglasses, the lenses must be held in the correct optical position relative to the wearer's eyes at all times. Therefore, Position lenses is the best all-the-time function. Improve focus and Access vision describe higher-order or basic-path purposes, while Display information is not a normal function of prescription eyeglasses.
References/topics: Function Analysis Phase; FAST Diagramming; All-the-Time Functions; Basic and Secondary Functions; Function Logic.
NEW QUESTION # 37
Which of the following are appropriate techniques to achieve the expected output in the Function Analysis Phase?
Choose 2 answers.
Answer: B,E
Explanation:
The correct techniques are Random function identification and FAST diagramming . In the Function Analysis Phase, the team must shift away from describing components, designs, or solutions and instead define what the project, product, or process must do . SAVE's Value Methodology Standard states that this phase defines project functions using a two-word active verb / measurable noun format and analyzes those functions to determine which require improvement, elimination, or creation. This directly supports random function identification, commonly aligned with Random Function Definition, where the team identifies functions in verb-noun form before classifying and organizing them.
FAST diagramming is also a core Function Analysis technique. The standard function-analysis sequence includes building a function model as a Function Analysis System Technique (FAST) diagram , and the SAVE glossary defines a FAST diagram as a graphical representation of dependent function relationships using How/Why logic. Detailed cost analysis is not the primary technique here; cost is allocated to functions after functions are defined. A paired comparison matrix is more typical of evaluation/prioritization, and a process flowchart belongs more naturally in information/process understanding rather than function modeling.
References/topics: Function Analysis Phase; Random Function Definition; FAST Diagramming; Function Classification; Function Modeling.
NEW QUESTION # 38
Pareto's law of distribution can be applied to
Choose 4 answers.
Answer: A,C,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 # 39
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