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| Section | Objectives |
|---|---|
| Topic 1: Job Plan Phases | - Presentation Phase
|
| Topic 2: Value Methodology Overview | - Principles of Value Engineering / Value Analysis
|
| Topic 3: Professional Practice Requirements | - Value study facilitation - Project documentation and reporting |
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NEW QUESTION # 10
Which is the least appropriate information to include in the Presentation?
Answer: A
Explanation:
The correct answer is D. Recognition of VM study contributors . The Presentation Phase is intended to communicate the developed VM recommendations to decision makers in a way that supports approval, concurrence, and movement toward implementation. SAVE's Value Methodology Standard states that the team leader develops a report and/or presentation that documents the adequacy of the developed alternatives and the associated value improvement opportunity.
Therefore, recommended proposals are central to the presentation. The VM study scope and goals are also appropriate because decision makers need to understand the boundaries, objectives, assumptions, and basis of the study. Expected implementation decisions are also relevant because the presentation should help management determine whether alternatives should proceed, require more information, or be rejected. The Presentation Phase is specifically tied to obtaining concurrence and commitment to proceed with implementation recommendations.
Recognition of contributors may be professionally courteous and can appear in a report appendix, closing remarks, or acknowledgments section, but it is not essential technical content for decision making. Compared with scope, goals, recommendations, and implementation decisions, it is the least appropriate core information for the VM presentation.
References/topics: Presentation Phase; VM Report; Recommended Proposals; Implementation Commitment; Decision-Maker Communication.
NEW QUESTION # 11
In VM, the basic function of a product, project, or process answers which question?
Answer: A
Explanation:
The correct answer is A . The basic function is the essential purpose for which the project, product, or process exists. SAVE's dictionary defines the basic function as the specific purpose for which the subject exists and states that it answers, "What must it do?" This is one of the most important concepts in the CVS exam because the basic function anchors function analysis, FAST diagramming, creativity, and evaluation.
Option B is incorrect because cost is a resource measure, not the basic function itself. Cost becomes meaningful only when compared with function, worth, performance, and user need. Option C is irrelevant to function. Option D may matter in procurement or schedule evaluation, but it does not define why the subject exists. A team that fails to identify the basic function often becomes trapped by existing design assumptions.
For example, a wall may be assumed necessary, but the basic function might be "separate spaces," which could be achieved by many alternatives. Function abstraction is the discipline that opens the door to value improvement.
References/topics: Basic Function; Function Classification; Function Analysis Phase.
NEW QUESTION # 12
What is the correct order for the management of change stages?
Answer: D
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 # 13
Carpet and vinyl tile are acceptable alternatives for an owner to cover 1,000 square meters of floor.
Carpet
Installed cost, including pad = $30 / square meter
Service life = 10 years
Maintenance cost: vacuum weekly = $500 / month
Maintenance cost: shampoo once per year = $3,000 / shampoo
Vinyl
Installed cost, including pad = $10 / square meter
Service life = 15 years
Maintenance cost: vacuum weekly = $400 / month
Maintenance cost: strip and wax once per month = $1,000 / strip and wax Between carpet and vinyl, which is a better value option for the owner over the service life of the products?
Answer: C
Explanation:
The correct answer is A. Carpet $120,000 . This is an Evaluation Phase life-cycle cost comparison. SAVE's VM Dictionary defines life-cycle cost as the sum of initial cost, recurrent annual cost, single expenditures, and disposal or salvage value over a specified period. It also defines recurrent annual cost as operation and maintenance cost occurring throughout each year of service life.
For carpet , the initial cost is:
1,000 square meters × $30 = $30,000
The monthly vacuum maintenance cost is:
$500 × 12 months × 10 years = $60,000
The annual shampoo cost is:
$3,000 × 10 years = $30,000
Therefore, carpet life-cycle cost is:
$30,000 + $60,000 + $30,000 = $120,000
Vinyl is not the better value option in the listed choices. Even though vinyl has a lower initial installed cost, its recurring strip-and-wax maintenance is significant. Over a 10-year comparison period, vinyl would be:
$10,000 + $48,000 + $120,000 = $178,000
That corresponds to option D, but it is higher than carpet's $120,000. The CVS exam trap is focusing on lowest initial cost instead of total cost over the study period. In Value Methodology, value decisions require considering function, performance, and total resource commitment, not first cost alone.
References/topics: Evaluation Phase; Life-Cycle Cost; Initial Cost; Recurrent Annual Cost; Alternative Comparison.
NEW QUESTION # 14
Place the process flow chart for the Function Performance Specification in the correct order.
Answer:
Explanation:
Explanation:
Need # Function # Specific Requirement # Product
The correct order is Need # Function # Specific Requirement # Product . This is the exact logic of the Function Performance Specification process. The VM Guide figure for Function Performance Specification shows the sequence as "Need Function Specific Requirement Product" , where a user need is translated into a function, then into measurable requirements, and finally into a product solution.
The sequence is important because Value Methodology begins with the user's need or desire , not with a predetermined product. After the need is understood, the VM team defines the function that satisfies that need, normally in active verb/measurable noun format. SAVE's study-guide material explains that work functions are quantitative and stated using an active verb and measurable noun. The next step is the specific requirement , where the function is converted into measurable performance or quality criteria, such as assessment criteria, level, and flexibility. Only after the need, function, and requirement are clear should the team identify the product , which is the solution provided to satisfy the defined need. Starting with "Product" would be a classic VM error because it locks the team into a solution before understanding function.
References/topics: Function Analysis Phase; Function Performance Specification; Need; Function; Specific Requirement; Product; Performance Criteria.
NEW QUESTION # 15
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