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| Section | Objectives |
|---|---|
| Value Methodology Core Competencies | - VM Facilitation and Leadership - Value Methodology Job Plan Application - Value Methodology Foundations
- Advanced VM Practice (Leadership-level application) - VM Study Execution and Team Management - Value Concept
|
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NEW QUESTION # 53
Which statement best describes a FAST diagram?
Answer: C
Explanation:
The correct answer is B . FAST stands for Function Analysis System Technique. SAVE defines a FAST diagram as a graphical representation of dependent relationships of functions within a project, product, or process. The diagram uses logical relationships such as "How," "Why," and "When" to organize functions. It is a core Function Analysis tool because it forces the team to examine why functions exist, how they are accomplished, and which functions lie on the critical function logic path.
Option A is incorrect because schedule networks belong to project scheduling, not function modeling. Option C is wrong because cost spreadsheets may support resource analysis, but they do not show functional dependency logic. Option D is a procurement management artifact. FAST is valuable because it shifts the team from objects and components to function relationships. This enables better creativity because the team can ask, "How else can we perform this function?" rather than merely asking, "How can we make this component cheaper?" References/topics: FAST Diagram; Function Analysis System Technique; How-Why Logic.
NEW QUESTION # 54
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 # 55
What is the most appropriate description of the Information Phase?
Answer: A
NEW QUESTION # 56
Which activities promote innovation by the VM team during the Creativity Phase?
Choose 2 answers.
Answer: A,C
Explanation:
The correct answers are A and D . In the Creativity Phase, the VM team deliberately moves beyond the current design, process, or solution and generates alternative ways to perform the required functions. SAVE's Value Methodology Standard defines the Creative Phase as the point where the team uses creative techniques to identify other ways to perform the project's functions .
Envisioning the ideal promotes innovation because it removes premature constraints and helps the team imagine the best functional outcome before judging feasibility, cost, or implementation difficulty. This supports divergent thinking, which is essential during Creativity. Modifying what currently exists also promotes innovation because many value-improving ideas are produced by adapting, improving, simplifying, combining, or changing an existing concept rather than inventing a completely new one.
By contrast, maintaining existing solutions does not promote innovation because it preserves the current approach and limits alternative thinking. Testing old combinations is also not the best answer because the Creativity Phase is focused on generating possibilities, not testing or validating them. Testing, screening, and ranking belong more naturally in the Evaluation Phase.
References/topics: Creativity Phase; Creative Thinking; Alternative Generation; Function-Based Innovation; VM Job Plan.
NEW QUESTION # 57
How should the VM facilitator handle "conditionally accepted" VM proposals?
Choose 2 answers.
Answer: A,D
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 # 58
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