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| Section | Objectives |
|---|---|
| Value Methodology Overview | - Principles of Value Engineering / Value Analysis
|
| Job Plan Phases | - Information Phase
|
| Professional Practice Requirements | - Value study facilitation - Project documentation and reporting |
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NEW QUESTION # 80
What is needed most for a successful VM program?
Answer: D
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 # 81
Which of the following strategies should be employed to enhance the VM study presentation?
Choose 2 answers.
Answer: C,D
Explanation:
The correct strategies are A and C because the Presentation Phase is intended to communicate value alternatives clearly enough for management and stakeholders to make informed implementation decisions.
The SAVE Study Guide identifies the Presentation Phase purpose as presenting value alternatives to management, stakeholders, and decision makers, with the fundamental question focused on helping them make more informed decisions that fit strategic plans. ( ) Therefore, a concise summary of key points is essential because it reinforces the major recommendations, benefits, risks, and implementation direction without forcing decision makers to search through excessive detail.
Visuals such as charts and graphs are also appropriate because presentation products commonly include cost- versus-worth comparisons, present-worth analysis, risk analysis, and advantages-versus-disadvantages information. ( ) These items are best communicated visually when the objective is executive understanding and decision readiness. The formal VM Standard also states that the Presentation Phase involves an oral presentation followed by a written report, with the team obtaining approval or direction for additional information. ( courses.washington.edu ) A complex presentation format would reduce clarity, and detailed technical specifications belong mainly in the Development Phase technical data package, not as the primary means of enhancing the presentation.
References/topics: Presentation Phase; Value Alternatives; Management Decision Support; Oral Presentation; Formal Report.
NEW QUESTION # 82
Which of the following are fine filter actions a VM study team can take to evaluate ideas?
Choose 2 answers.
Answer: A,C
Explanation:
The correct answers are A and C . In the Evaluation Phase , the VM team moves from broad creative idea generation into structured judgment. SAVE's VM guidance identifies the Evaluation Phase as the point where ideas from the Creative Phase are synthesized, sorted, rated, ranked, and selected for development using previously established evaluation criteria. It also identifies fine filter activity as detailed evaluation, not a quick vote or informal reaction. ( courses.washington.edu ) A SWOT analysis for each idea is a fine filter action because it examines strengths, weaknesses, opportunities, and threats in a structured way. This supports deeper evaluation of feasibility, risk, benefits, constraints, and implementation exposure. Aligning each idea with the subject study goals is also correct because fine filtering must test whether an idea supports the agreed VM study objectives, user/customer needs, performance expectations, and value targets.
Option B is incorrect because feedback without discussion is closer to simple screening and does not represent detailed evaluation. Option D is too narrow because VM does not rank ideas only by estimated cost; value requires consideration of function, performance, quality, risk, time, and overall benefit.
References/topics: Evaluation Phase; Fine Filter; Evaluation Criteria; Idea Screening; VM Study Goals.
NEW QUESTION # 83
At a VM study implementation meeting the VM facilitator is asked to make a five-minute presentation. The presentation should
Answer: B
Explanation:
The correct answer is D. demonstrate that the VM team understood objectives of the VM study . At an Implementation Meeting, the decision-makers are not primarily looking for a training session on Value Methodology or a review of the VM Job Plan. They need confidence that the VM study results are grounded in the actual project objectives, constraints, required functions, and success criteria.
A five-minute presentation must be concise and decision-focused. The facilitator should quickly show that the VM team understood the study scope, owner goals, performance needs, cost drivers, risks, and implementation expectations. This builds credibility before decision-makers review the disposition of VM proposals.
Option A is incorrect because the Job Plan explains the process, but implementation decision-makers need results and alignment, not a phase-by-phase lecture. Option B is also too broad for a five-minute implementation presentation. Option C is inappropriate because the meeting is not about individual team- member recognition. The strongest presentation is one that links the VM recommendations back to the study objectives and shows that the team's proposals support those objectives.
References/topics: Implementation Phase; Implementation Meeting; VM Proposal Disposition; Study Objectives; Decision-Maker Confidence.
NEW QUESTION # 84
The left project scope line is located between the
Answer: A
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 # 85
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