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| Section | Objectives |
|---|---|
| Topic 1: Value Methodology Overview | - Principles of Value Engineering / Value Analysis
|
| Topic 2: Professional Practice Requirements | - Project documentation and reporting - Value study facilitation |
| Topic 3: Job Plan Phases | - Presentation Phase
|
What sets FreeCram Certified Value Specialist (CVS) practice tests (desktop and web-based) apart are their unique features. The CVS web-based practice exam is compatible with all operating systems and it can be taken on popular browsers like Chrome, Firefox, and Safari. The SAVE International CVS desktop practice exam software is compatible with Windows computers. After validating the product's license, you won't need an active internet connection to use the desktop Certified Value Specialist (CVS) practice test software.
NEW QUESTION # 108
Which of the following support an organization in lessons learned from a VM study?
Choose 2 answers.
Answer: B,D
Explanation:
The correct answers are B and C . Lessons learned from a VM study are intended to strengthen organizational learning, improve future VM applications, and convert study experience into repeatable management knowledge. SAVE's study guidance identifies Value Study follow-up as the activity used to follow up on implementation results and improve the application of VM for future studies. It specifically includes preparing reports of study results and lessons learned, identifying missed opportunities, identifying roadblocks to innovation, debriefing and recording lessons learned, and integrating results into the organization's lessons- learned or program reporting system. ( cdn..com ) Therefore, documenting both successes and challenges is essential because lessons learned must be balanced, factual, and useful for future teams. Capturing only positive outcomes would distort the learning record, while capturing only failures would create blame rather than improvement. Requiring changes based on specific challenges is also appropriate because lessons learned should result in corrective or preventive action where recurring obstacles, process gaps, or implementation barriers are identified.
Option A is incorrect because VM lessons learned should not be a blame exercise focused on design errors and responsible individuals. Option D is incorrect because negative impacts must not be filtered out; they are often the most important source of improvement.
References/topics: VM Programs; Value Study Follow-Up Activities; Lessons Learned; Program Reporting; Implementation Feedback.
NEW QUESTION # 109
What is the correct order for the management of change stages?
Answer: C
Explanation:
The correct sequence is shock, defensive retreat, acknowledgement, adaptation to change . In Value Methodology, proposed alternatives often challenge existing assumptions, designs, ownership positions, or organizational habits. Therefore, resistance to change must be anticipated and managed as part of facilitation, presentation, and implementation. The CVS study material places team building and facilitation knowledge within the areas of team dynamics, consensus building, habits, attitudes, creativity roadblocks, and effective presentation. ( ) The first reaction to significant change is usually shock , where stakeholders are surprised or unsettled by the proposed departure from the current approach. This is followed by defensive retreat , where individuals may protect the original concept, defend prior decisions, or resist the implication that improvement is possible. The next stage is acknowledgement , where stakeholders begin to recognize the validity of the new information, value alternative, or improvement opportunity. Finally, adaptation to change occurs when the organization accepts the revised direction and begins integrating it into practice. This aligns with VM implementation guidance, where accepted alternatives must be planned, committed to, tracked, and embedded into the organization. ( ) References/topics: VM Facilitation and Team Dynamics; Change Management Strategies; Presentation Phase; Implementation Activities; Team Dynamics.
NEW QUESTION # 110
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: B,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 # 111
What is needed most for a successful VM program?
Answer: C
Explanation:
The correct answer is A. Upper management commitment . A successful VM program is not sustained by technique alone. It requires organizational authority, visible sponsorship, resources, and follow-through from senior leadership. The SAVE International material identifies the Value Program Manager as reporting to a General Manager or member of Executive Staff , which shows that a VM program must be connected to senior management rather than treated as an isolated technical activity. ( UW Courses ) Following the VM Job Plan is essential for conducting a valid value study, but a Job Plan does not by itself create organizational adoption. Having trained staff is also important, but trained people cannot maintain a program without executive support, project selection, funding, management expectations, and implementation authority. Awareness of laws and standards helps compliance, but it is not the main driver of program success.
Upper management commitment ensures VM is accepted as part of the organization's normal decision- making process. It gives the program credibility, secures participation from departments, removes barriers, and supports implementation of accepted proposals. SAVE's Study Guide also recognizes VM as an organizational effort used to stimulate innovation and improve performance, which requires management- level support. ( ) References/topics: VM Programs; Management Commitment; Value Program Manager; Organizational Support; VM Program Success.
NEW QUESTION # 112
What is the most appropriate description of the Information Phase?
Answer: A
Explanation:
The most appropriate description of the Information Phase is to gather, organize, review, and transform data collected . In the Value Methodology Job Plan, the Information Phase begins the formal Value Study and is used to complete the data package that was initiated during the Pre-Study/Preparation work. The SAVE Value Methodology Standard identifies the Information Phase under the Value Study and lists its immediate output as completing the data package and modifying the scope when needed. ( UW Courses ) This phase is not merely administrative scheduling or management approval. Its purpose is to ensure the team has a clear factual basis before moving into Function Analysis. The project sponsor or designer may brief the team, the team asks questions based on prior data research, site visits may be completed, improvement targets such as value, cost, performance, and schedule are agreed, and the scope is reviewed based on new information. ( UW Courses ) Option A and B are mainly Pre-Study/Preparation activities. Option D is partially related, but too narrow because the Information Phase supports the entire study, not only Function Analysis.
References/topics: Information Phase; Value Methodology Job Plan; Data Package; Scope Review; Study Targets.
NEW QUESTION # 113
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