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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Tools and Techniques | 20% | - Function analysis system technique (FAST) - Cost analysis and worth assessment - Creative thinking and idea generation methods - Decision-making and evaluation tools |
| Topic 2: Leadership and Facilitation | 15% | - Leading value study teams - Stakeholder management and communication - Workshop facilitation skills |
| Topic 3: Value Methodology Principles and Concepts | 25% | - Origins, development and application scope of Value Methodology - Value index, function and cost relationship - Definition and core concepts of Value |
| Topic 4: Standards, Ethics and Application | 10% | - Application in different industries and sectors - SAVE International standards and guidelines - Professional ethics and responsibilities |
| Topic 5: Value Methodology Job Plan | 30% | - Presentation and implementation phase - Preparation phase - Development phase - Creative phase - Function analysis phase - Information phase - Evaluation phase |
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NEW QUESTION # 42
Which of the following is the most commonly used technique to identify functions?
Answer: C
Explanation:
The correct answer is D. Random Function Identification . In the Function Analysis Phase, the team first identifies and defines functions of the product, project, process, or service being studied. The function statement is normally written in the classic VM format: active verb + measurable noun . SAVE-related VM guidance describes this first step as identifying and defining functions using active verbs and measurable nouns, often referred to as Random Function Definition . ( UC Homepages ) This is why Random Function Identification is the best answer. It is the direct technique used to generate the initial list of functions before the team classifies, organizes, models, or evaluates those functions.
FAST is important, but it is not primarily the first technique for identifying individual functions. FAST is mainly used after functions are listed, to show logical How/Why relationships between functions and to build a function model. SAVE material describes FAST as a technique that illustrates relationships among functions. ( cdn..com ) Mind Mapping and Random Words are creativity tools, not the standard VM function-identification method.
References/topics: Function Analysis Phase; Random Function Definition; Function Identification; Verb- Noun Function Format; FAST Diagramming.
NEW QUESTION # 43
Other than the creative ideas list and evaluation scores, which of the following information should be included in a value study report?
Answer: B
Explanation:
The correct answer is C. Recommended alternatives, list of information reviewed, and function analysis . A value study report must document the technical basis of the VM study and provide management with enough objective information to make implementation decisions. The Presentation Phase requires the VM team to prepare presentation/supporting documentation, compare conclusions to success requirements from the Information and Function Analysis Phases, ensure management has full objective information, and prepare a formal report. ( ) Recommended alternatives belong in the report because the Development Phase converts selected ideas into clearly written value alternatives, supported by assumptions, sketches, calculations, cost comparisons, and implementation considerations. ( ) A list of information reviewed is also appropriate because the Information Phase gathers project data, key documents, cost data, quality data, marketing information, process flow charts, and other baseline material. ( ) Function analysis is essential because it records the functional basis of the study, including identified functions, function models, cost drivers, performance attributes, and value- mismatched functions. ( ) Option A is administrative and incomplete. Option B includes a stakeholder survey, which is not a standard core report element. Option D is weakened by "VM presentation," because the presentation is separate from the report deliverable.
References/topics: Presentation Phase; Value Study Report; Information Phase; Function Analysis Phase; Development Phase; Recommended Alternatives.
NEW QUESTION # 44
What should the VM facilitator consider for the title of a VM proposal?
Choose 2 answers.
Answer: C,D
Explanation:
The correct selections are A and C . A VM proposal title should be clear, concise, and persuasive because it is part of the communication package used to move a value alternative toward management understanding, acceptance, and implementation. In the Presentation Phase, the value team presents value alternatives to management, stakeholders, or decision makers, with the intent of helping them make informed decisions aligned with strategic objectives. The SAVE study guide identifies the Presentation Phase purpose as presenting value alternatives to management and other decision makers, and its outcome includes ensuring stakeholders understand the rationale of alternatives and generating interest to sanction implementation. ( cdn..
com )
Therefore, a concise title helps the proposal communicate its central idea quickly without obscuring the function, benefit, or decision point. Framing the title to help sell the concept is also appropriate because a VM proposal must communicate value, not merely describe a technical change. The facilitator should avoid overly specific technical language when it narrows the audience's understanding, and avoid general jargon because it weakens clarity, credibility, and decision usefulness. A strong title should express the value opportunity in management-facing terms.
References/topics: Presentation Phase; Development Phase; VM Proposal Communication; Value Alternatives; Management Decision Support.
NEW QUESTION # 45
Which of the following assists the VM Facilitator in creating a collaborative client relationship?
Choose 3 answers.
Answer: A,B,D
Explanation:
The correct answers are A, C, and E . A VM Facilitator creates a collaborative client relationship by first diagnosing client needs and then tailoring the VM Job Plan to produce the intended outcomes. Value Methodology is not a rigid checklist; it is a systematic, function-oriented team process led by a qualified facilitator to improve value. ( Value Engineering ) Therefore, the facilitator must understand the client's objectives, constraints, decision environment, and expected deliverables before structuring the study.
Analyzing organizational involvement is also essential because successful VM depends on the correct sponsor, decision-makers, technical experts, users, and stakeholders being involved at the right level. The SAVE certification study material identifies Pre-Workshop responsibilities such as identifying team members, obtaining commitment, and preparing the study structure. ( ) Clarifying mutual involvement completes the collaborative relationship by defining how the facilitator, client, sponsor, team, and management will participate. This builds shared ownership and prevents misunderstanding. Option B is too narrow because structure alone does not create collaboration. Option D is incorrect because "dictating" tasks and responsibilities is directive, not collaborative.
References/topics: VM Facilitation; Client Relationship; Preparation Phase; Team Dynamics; VM Job Plan Planning.
NEW QUESTION # 46
Which of the following are the effects of increasing the duration of a VM study?
Choose 2 answers.
Answer: C,D
Explanation:
The correct answers are B and D . Increasing the duration of a VM study gives the team more working time inside the structured Job Plan. SAVE describes Value Methodology as a structured process following defined phases such as Information, Function Analysis, Creativity, Evaluation, Development, and Presentation. ( Value Engineering ) When more time is available, the team can apply additional creative techniques during the Creativity Phase rather than relying only on basic brainstorming. This may include checklists, attribute listing, analogy, morphological methods, or other structured idea-generation approaches.
A longer study also allows evaluation techniques to be more thoughtful . In the Evaluation Phase, ideas from the Creativity Phase are screened, grouped, compared, ranked, and selected for further development. With more time, the team can apply better criteria, discuss advantages and disadvantages more carefully, consider cost, performance, risk, constructability, operations, and maintenance impacts, and reach stronger consensus.
Option A is incorrect because site-visit time may change depending on study scope and complexity. Option C is incorrect because more duration does not mean numerous FAST diagrams must be produced. Option E is not guaranteed because implementation depends on management approval, feasibility, funding, and follow- through after the study.
References/topics: VM Programs; Study Duration; Creativity Phase; Evaluation Phase; VM Job Plan Planning.
NEW QUESTION # 47
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