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| Section | Weight | Objectives |
|---|---|---|
| Leadership and Facilitation | 15% | - Stakeholder management and communication - Leading value study teams - Workshop facilitation skills |
| Value Methodology Job Plan | 30% | - Evaluation phase - Function analysis phase - Information phase - Presentation and implementation phase - Development phase - Creative phase - Preparation phase |
| Tools and Techniques | 20% | - Cost analysis and worth assessment - Decision-making and evaluation tools - Function analysis system technique (FAST) - Creative thinking and idea generation methods |
| Standards, Ethics and Application | 10% | - SAVE International standards and guidelines - Professional ethics and responsibilities - Application in different industries and sectors |
| Value Methodology Principles and Concepts | 25% | - Origins, development and application scope of Value Methodology - Definition and core concepts of Value - Value index, function and cost relationship |
>> Associate CVS Level Exam <<
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NEW QUESTION # 60
Which of the following activities should a VM Facilitator recommend decision-makers conduct prior to the disposition of VM proposals?
Answer: A
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 .
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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 # 61
Which creativity method is based on the consideration of the overall problem and brainstorming by function?
Answer: A
Explanation:
The correct answer is A. Intuitive Creativity Method . In the CVS Value Methodology framework, the Creativity Phase is designed to generate a large quantity of ideas for performing the functions selected during Function Analysis. The SAVE VM Standard describes the Creative Phase as an effort to develop many ideas for "performing each function selected for study," with judgment suspended and free idea flow encouraged.
The intuitive creativity method is based on considering the overall problem and allowing ideas to emerge freely through association, imagination, and non-linear thinking. The VM Guide states that intuitive creativity methods are based on the "overall problem" and that brainstorming by function is a prime example. This matches the question exactly.
Option C, Discursive Creativity Method , is incorrect because it follows a deliberate, structured, step-by-step procedure by breaking the problem into sub-problems. Option D, Empirical Creativity Method , is more experimental or data-driven. Option B is not the standard classification used here.
References/topics: Creativity Phase; Creativity Techniques; Intuitive Creativity Methods; Brainstorming by Function; Creating by Function
NEW QUESTION # 62
How should the VM facilitator handle "conditionally accepted" VM proposals?
Choose 2 answers.
Answer: A,B
Explanation:
A conditionally accepted VM proposal is not fully approved yet. It means the decision makers see value in the proposal, but acceptance depends on certain changes, clarifications, added data, or further review. Therefore, the facilitator should first identify the modifications required for acceptance . This creates a clear action path and prevents the proposal from being wrongly recorded as fully approved.
The facilitator should also ask decision makers for the timing of the final decision . In VM reporting and implementation follow-up, unresolved proposals must have ownership, required actions, and a decision schedule. Without a timing commitment, conditionally accepted proposals can remain open and lose implementation momentum.
Option B is incorrect because a conditionally accepted proposal is not the same as an accepted proposal.
Listing it as accepted would misrepresent the decision status. Option D is weaker because the facilitator should not merely list deficiencies; the correct VM approach is to convert concerns into specific required modifications and next steps.
References/topics: Presentation Phase; Decision Documentation; Proposal Disposition; Implementation Planning; VM Facilitator Responsibilities.
NEW QUESTION # 63
A company wants to add a new product to its manufacturing process. Who should provide input as this new product will affect the current manufacturing process?
Choose 3 answers.
Answer: A,D,E
Explanation:
The correct answers are B. Maintenance, C. Production, and E. Engineering . The question is focused on how adding a new product will affect the current manufacturing process , so input must come from the functions that directly understand equipment capability, production workflow, process design, downtime risk, maintainability, tooling, tolerances, and operational constraints. SAVE's Value Methodology Standard specifically states that VM can be applied to manufacturing processes , and that the Value Study Team should be a multidisciplinary group of experienced professionals and project stakeholders selected based on their expertise and experience with the project.
Production is essential because it understands line capacity, sequencing, labor flow, bottlenecks, cycle time, quality impact, and daily operating constraints. Maintenance is essential because a new product may require equipment changes, additional preventive maintenance, setup changes, spare parts, downtime planning, or reliability analysis. Engineering is essential because it understands product design, process capability, manufacturing methods, fixtures, tooling, specifications, and technical feasibility.
Marketing may provide market demand or customer preference input, but that is not the best answer when the question narrows the issue to the existing manufacturing process. Human resources may support staffing or training later, but it is not one of the three primary technical process stakeholders.
References/topics: Multidisciplinary Team; Stakeholder Expertise; Manufacturing Process VM; Team Composition.
NEW QUESTION # 64
Between carpet and vinyl, which is a better value option for the owner over the service life of the products?
Answer: B
Explanation:
The correct answer is A. Carpet $120,000 . This question applies life-cycle cost comparison , which is commonly used in the Development Phase when VM alternatives are being analyzed for economic feasibility and owner value. The better value option is not determined by the lowest initial cost alone; it must include installed cost, maintenance cost, recurring service cost, and service life impacts.
For carpet:
Installed cost = 1,000 sq. m × $30 = $30,000 .
Vacuum maintenance = $500/month × 12 months × 10 years = $60,000 .
Annual shampoo = $3,000/year × 10 years = $30,000 .
Total carpet life-cycle cost = $30,000 + $60,000 + $30,000 = $120,000 .
For vinyl over a comparable 10-year ownership period:
Installed cost = 1,000 sq. m × $10 = $10,000 .
Vacuum maintenance = $400/month × 12 × 10 = $48,000 .
Strip and wax = $1,000/month × 12 × 10 = $120,000 .
Total vinyl cost = $178,000 .
Although vinyl has a lower initial cost, its recurring monthly strip-and-wax cost makes it more expensive.
Therefore, carpet provides the better value.
References/topics: Development Phase; Life-Cycle Costing; Economic Evaluation; Alternative Comparison; Owner Value.
NEW QUESTION # 65
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