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| Section | Objectives |
|---|---|
| Topic 1: Professional Practice Requirements | - Project documentation and reporting - Value study facilitation |
| Topic 2: Value Methodology Overview | - Principles of Value Engineering / Value Analysis
|
| Topic 3: Job Plan Phases | - Function Analysis Phase
|
>> Vce SAVE International CVS Exam <<
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NEW QUESTION # 62
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: D
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 × $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 # 63
Which of the following activities should be prioritized during the Evaluation Phase to analyze the subject's impact?
Choose 2 answers
Answer: B,D
Explanation:
The correct answers are B and D . The Evaluation Phase requires the VM team to apply a structured evaluation process so that ideas are judged against defined requirements rather than informal preference.
SAVE's Value Methodology Standard states that the team selects ideas with potential for value improvement while still delivering the required functions and considering performance requirements and resource limits. ( ) Therefore, setting baseline criteria is essential because impact cannot be measured unless the current or expected performance condition is defined first. Baselines allow future outcomes to be compared against the starting point and help determine whether the selected alternative actually improves value. Defining key performance indicators is also correct because KPIs translate subject objectives into measurable evaluation factors, such as time, quality, productivity, service level, risk reduction, cost effectiveness, or functional performance.
Option A is weak because a one-time opinion survey may provide useful input, but it does not create a disciplined impact-measurement framework. Option C is too narrow because budget review only addresses financial efficiency and does not fully evaluate subject impact. The official SAVE Core Competencies also place "establish evaluation framework" and "establish evaluation criteria" directly within the Evaluation Phase.
References/topics: Evaluation Phase; Evaluation Framework; Evaluation Criteria; KPI Alignment; Baseline Measurement; Subject Impact Analysis.
NEW QUESTION # 64
Which of the following are techniques the VM facilitator might use for a VM study team that is having difficulty completing the FAST diagram?
Choose 2 answers.
Answer: A,B
Explanation:
The correct answers are A and D . When a VM study team struggles to complete a FAST diagram, the facilitator should guide the team through questioning, not take control of the technical work. Asking whether a function is missing is an appropriate facilitation technique because a break in the How/Why logic often means the team has skipped a needed function, used an unclear verb-noun statement, or failed to connect a supporting function to a higher-order function. This keeps ownership with the team while helping them complete the logic chain.
Reviewing the level of abstraction is also correct. FAST diagramming requires functions to be placed at the right level: not too broad, not too detailed, and consistent with the project scope. If one function is stated at a strategic level and another at a component-detail level, the FAST diagram becomes difficult to organize.
Option B is incorrect because the facilitator should not reorganize the functions for the team; that weakens team participation and ownership. Option C is incorrect because not every identified function must appear in the final FAST diagram. Only functions that support the logical function model should be used.
References/topics: Function Analysis Phase; FAST Diagramming; Facilitation; Function Logic; Level of Abstraction.
NEW QUESTION # 65
Which function statement is written in the most appropriate VM format?
Answer: A
Explanation:
The correct answer is B because VM functions are expressed in a two-word format using an active verb and a measurable noun. SAVE's VM Standard states that the team defines functions using a two-word active verb
/measurable noun context. The SAVE dictionary also explains that a function identifies what something does, independent of what it is or how it is accomplished, and is expressed as an active verb plus measurable noun.
Option A is wrong because it describes an object and attribute, not a function. "Strong steel beam" tells what the solution is, not what it does. Option C is too design-specific and sentence-based; it identifies the component and solution rather than abstracting the function. Option D is vague and not measurable. "Support load" is superior because it focuses on the required action without locking the team into a beam, slab, truss, or other specific solution. CVS candidates must be able to distinguish function language from component language.
References/topics: Function Definition; Verb-Noun Format; Function Analysis Phase.
NEW QUESTION # 66
Select the best matches for the functions of prescription eyeglasses.
Answer:
Explanation:
Explanation:
The correct matches are based on formal Function Analysis classification. SAVE defines a function as what a project, product, or process must do, independent of what it is or how it is accomplished, and it should be stated in active verb/measurable noun form. A basic function is the specific purpose for which the product exists and answers "What must it do?" For prescription eyeglasses, that purpose is Correct vision . SAVE's function-analysis examples for spectacles also classify Correct Vision as the basic function.
A higher order function represents the broader need or outcome that causes the basic function to exist.
Correcting vision exists to Enhance vision , so that is the best higher-order match. A lower order function is outside the study scope and represents a required input. For prescription eyeglasses, the prescription must be determined first; therefore Assess vision is the best lower-order function. A secondary function supports the basic function and results from the selected design approach. In eyeglasses, the frames, bridge, arms, and related hardware support the basic function by Positioning lenses correctly in front of the eyes. "Fit face" is also a supporting idea, but it is less direct than "Position lenses" for this one-slot secondary classification.
References/topics: Function Analysis Phase; Basic Function; Higher Order Function; Lower Order Function; Secondary Function; FAST Logic.
NEW QUESTION # 67
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