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| Section | Objectives |
|---|---|
| Value Methodology Core Competencies | - Value Concept
- VM Facilitation and Leadership - Value Methodology Foundations
- Function Analysis - Value Methodology Job Plan Application |
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NEW QUESTION # 87
The left project scope line is located between the
Answer: D
Explanation:
The correct answer is C. Higher order and basic functions . In FAST diagramming, the project scope is shown by vertical scope lines that define the portion of the function logic included in the value study. The left project scope line separates the broader reason for the study from the functions that are actually inside the study boundary.
The higher order function is placed outside the left scope line because it answers the "why" question for the basic function. It represents the larger objective or purpose that the basic function supports. FAST guidance states that highest-order functions appear outside the left scope line and to the left of the basic functions. ( ) The basic function is placed immediately to the right of the left scope line. It represents the primary purpose or mission of the subject under study. The FAST reference specifically states that basic functions immediately to the right of the left scope line represent the purpose or mission of the subject. ( ) Therefore, the left project scope line is located between the higher order function and the basic function .
References/topics: Function Analysis Phase; FAST Diagramming; Project Scope Line; Higher Order Function; Basic Function; How/Why Logic.
NEW QUESTION # 88
A FAST diagram is used to
Choose 3 answers.
Answer: A,C,E
Explanation:
The correct answers are B, C, and D . In the Function Analysis Phase, the FAST diagram is used as a function- logic model, not as an activity schedule or work-sequence chart. The VM Guide describes FAST, or Function Analysis System Technique, as one of the most effective methods for classifying and organizing functions and as a powerful diagramming technique for analyzing the relationship of functions . It specifically states that FAST diagrams are used to show the specific relationships of functions, test the validity of functions under study, and help identify missing functions. ( pdfcoffee.com ) Therefore, C is correct because FAST visually illustrates how functions relate through How/Why logic. B is correct because the diagram tests whether identified functions are valid within the functional logic path. D is correct because gaps in the How/Why logic expose missing functions.
Option A is not the best answer because FAST does not primarily identify a chronological sequence of functions. Option E is incorrect because FAST focuses on functions, not required activities or tasks.
References/topics: Function Analysis Phase; FAST Diagramming; Function Logic; Missing Functions; Validity of Functions.
NEW QUESTION # 89
Which of the following are key elements of a risk register?
Choose 2 answers.
Answer: A,C
Explanation:
The correct answers are B and D . A risk register is used to document, organize, and evaluate risks so that the VM team can understand how uncertainty may affect proposed alternatives. The two essential risk-register elements shown in the choices are probability of occurrence and impact on the scope . Probability identifies how likely the risk is to happen. Impact identifies what the consequence will be if the risk occurs, including possible effects on scope, cost, schedule, quality, performance, implementation, or stakeholder acceptance.
In the VM Job Plan, risk thinking becomes especially important when ideas move from creativity into evaluation and development. At that point, alternatives are no longer just possibilities; they must be tested for feasibility, consequences, and implementation exposure. A risk with high probability and high impact demands more attention than one with low probability and minor impact.
Option A, performance criteria , is related to evaluation criteria, not a core risk-register field. Option C, function of the risk , is not a standard risk-register element. Functions belong to Function Analysis and are normally expressed in verb-noun format, while risks are documented as uncertain events or conditions.
References/topics: Evaluation Phase; Development Phase; Risk Register; Risk Probability; Risk Impact; VM Proposal Screening.
NEW QUESTION # 90
SWOT stands for
Answer: B
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 # 91
The VM study sponsor wants to limit the amount of time some of the VM team members participate. In which phases might the VM facilitator recommend these VM team members fully participate?
Choose 2 answers.
Answer: A,C
Explanation:
The correct phases are Function Analysis Phase and Creativity Phase . When participation time must be limited, the VM facilitator should protect the phases where multidisciplinary team contribution has the highest effect on value improvement. The Function Analysis Phase is central because the team defines project functions in active verb / measurable noun form and analyzes which functions need improvement, elimination, or creation to meet study goals. SAVE's Value Methodology Standard identifies this phase as the point where the team defines and analyzes functions, making it essential for shared understanding and correct problem framing. ( ) The Creativity Phase is also critical because the team uses creative techniques to identify alternative ways to perform the required functions. Diverse participation here improves idea quantity, prevents narrow technical thinking, and helps avoid premature commitment to existing solutions. The Implementation Phase occurs after proposal approval and is not normally the best place to require full participation from time-limited team members. The Presentation Phase communicates developed recommendations, but full participation by every limited-time team member is less essential than their contribution during function definition and idea generation.
References/topics: VM Facilitation; Team Participation Planning; Function Analysis Phase; Creativity Phase; Multidisciplinary Team Dynamics.
NEW QUESTION # 92
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