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| Section | Weight | Objectives |
|---|---|---|
| Leadership and Facilitation | 15% | - Workshop facilitation skills - Stakeholder management and communication - Leading value study teams |
| Tools and Techniques | 20% | - Cost analysis and worth assessment - Function analysis system technique (FAST) - Creative thinking and idea generation methods - Decision-making and evaluation tools |
| 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 |
| Standards, Ethics and Application | 10% | - Professional ethics and responsibilities - Application in different industries and sectors - SAVE International standards and guidelines |
| Value Methodology Job Plan | 30% | - Development phase - Information phase - Function analysis phase - Creative phase - Presentation and implementation phase - Evaluation phase - Preparation phase |
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NEW QUESTION # 74
Carpet and vinyl tile are acceptable alternatives for an owner to cover 1,000 square meters of floor. Carpet installation cost is $30 per square meter. What is the initial cost of the carpet?
Answer: B
Explanation:
The correct answer is A . Initial cost is the acquisition, construction, production, or installation expenditure incurred at the start of the alternative's life. SAVE's dictionary defines initial cost as the initial expenditure of resources to develop, acquire, produce, or construct a project, product, or process, and notes that it is interchangeable with capital cost.
Here, the calculation is direct:
1,000 square meters Γ $30 per square meter = $30,000.
The maintenance costs, shampooing cost, service life, and vinyl data are not needed for this specific question because it asks only for the initial cost of carpet , not the life-cycle cost. Options B, C, and D incorrectly include additional amounts or appear to mix operating/maintenance costs with initial cost. In CVS-style questions, the trap is often to include irrelevant life-cycle data. A disciplined evaluator first identifies the cost category being requested: initial cost, recurrent annual cost, single expenditure, salvage value, present worth, annualized cost, or total life-cycle cost.
References/topics: Evaluation Phase; Initial Cost; Life-Cycle Cost Analysis.
NEW QUESTION # 75
Which of the following is the most commonly used technique to identify functions?
Answer: C
Explanation:
The correct answer is D. Random Function Identification . In the Function Analysis Phase, the team first identifies and defines functions of the product, project, process, or service being studied. The function statement is normally written in the classic VM format: active verb + measurable noun . SAVE-related VM guidance describes this first step as identifying and defining functions using active verbs and measurable nouns, often referred to as Random Function Definition . ( UC Homepages ) This is why Random Function Identification is the best answer. It is the direct technique used to generate the initial list of functions before the team classifies, organizes, models, or evaluates those functions.
FAST is important, but it is not primarily the first technique for identifying individual functions. FAST is mainly used after functions are listed, to show logical How/Why relationships between functions and to build a function model. SAVE material describes FAST as a technique that illustrates relationships among functions. ( cdn..com ) Mind Mapping and Random Words are creativity tools, not the standard VM function-identification method.
References/topics: Function Analysis Phase; Random Function Definition; Function Identification; Verb- Noun Function Format; FAST Diagramming.
NEW QUESTION # 76
A VM study team member arrives with new information during the development of VM proposals. What should the VM facilitator do?
Choose 2 answers.
Answer: A,C
Explanation:
The correct answers are A and B . During the Development Phase , the VM team is converting selected ideas into value alternatives, so any new information that affects assumptions, cost, risk, performance, stakeholder impact, or feasibility must be evaluated before the proposal is finalized. SAVE's Study Guide explains that each Job Plan phase provides information needed for the next phase and that, as the team gains additional knowledge, a previous phase may be revisited. ( ) Therefore, the facilitator should first assess the information with the VM team to determine whether it changes the rationale, calculations, risk profile, or viability of any proposal.
The facilitator should also discuss the information with the study subject program manager because the information may affect scope, owner requirements, baseline assumptions, implementation constraints, or management expectations. In the Development Phase, value alternatives must be clearly written with supporting assumptions, calculations, vendor information, cost comparisons, and other information needed to convey the alternative. ( ) Option C is premature because new information does not automatically require a new proposal. Option D is incorrect because disregarding relevant information undermines proposal credibility and informed decision- making.
References/topics: Development Phase; Value Alternative Development; Facilitator Responsibilities; Proposal Validation; VM Team Coordination.
NEW QUESTION # 77
Which of the following actions demonstrate brainwriting during the Creativity Phase?
Answer: B
Explanation:
The correct answer is A . Brainwriting is an idea-generation technique in which participants first develop ideas individually and silently in written form before the ideas are shared, reviewed, or expanded by the group. This fits the Creativity Phase because the purpose of that phase is to generate a quantity of ideas related to alternative ways of performing required functions. The SAVE Study Guide identifies the Creative Phase purpose as generating "a quantity of ideas" and asks the fundamental question: "How else may the functions be performed?" It also emphasizes establishing rules that protect the creative environment and using group idea-stimulation techniques. ( ) Option B describes verbal brainstorming, not brainwriting. Option C is incorrect because feasibility screening belongs later in the Evaluation Phase; limiting ideas during creativity suppresses innovation. Option D contains a partial brainwriting concept, because some brainwriting methods allow participants to build on others' ideas, but the wording "instead of developing their own" is too restrictive and does not represent the core method. Brainwriting begins with silent individual idea capture.
References/topics: Creativity Phase; Idea Generation; Creativity Ground Rules; Group Idea-Stimulation Techniques; Brainwriting.
NEW QUESTION # 78
On the Function Logic Path, how do prescription eyeglasses correct vision?
Answer: D
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 # 79
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