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| Section | Weight | Objectives |
|---|---|---|
| Value Methodology Principles and Concepts | 25% | - Definition and core concepts of Value - Origins, development and application scope of Value Methodology - Value index, function and cost relationship |
| Value Methodology Job Plan | 30% | - Development phase - Function analysis phase - Evaluation phase - Preparation phase - Creative phase - Information phase - Presentation and implementation phase |
| Leadership and Facilitation | 15% | - Workshop facilitation skills - Leading value study teams - Stakeholder management and communication |
| Standards, Ethics and Application | 10% | - SAVE International standards and guidelines - Professional ethics and responsibilities - Application in different industries and sectors |
| Tools and Techniques | 20% | - Cost analysis and worth assessment - Decision-making and evaluation tools - Creative thinking and idea generation methods - Function analysis system technique (FAST) |
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NEW QUESTION # 74
Which is the least appropriate information to include in the Presentation?
Answer: B
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 # 75
Pareto's law of distribution can be applied to
Choose 4 answers.
Answer: A,B,D,F
Explanation:
The correct answers are A, C, D, and E . Pareto's law of distribution, often expressed as the 80/20 principle , is used in Value Methodology to focus team attention on the "vital few" items that create the greatest effect.
In a VM study, this principle helps the team avoid spreading effort equally across all issues and instead concentrate on the limited number of elements that drive most of the project impact.
It can be applied to time , because a small number of activities often consume most of the schedule or create major delay exposure. It can be applied to quality , because a limited group of defects, failures, or performance gaps may account for most quality problems. It can be applied to risk , because a small number of risk events often carry the largest probability-impact burden. It is also highly applicable to costs , because VM studies commonly use cost models and cost distribution to identify high-cost elements for function analysis and value improvement.
Standards are not normally treated as Pareto-distributed variables; they are requirements or constraints.
Performance is important in VM, but Pareto application is more directly tied to measurable distributions such as cost, time, quality problems, and risk exposure.
References/topics: Information Phase; Pareto Analysis; Cost Modeling; Risk Identification; Quality Drivers; Schedule Drivers.
NEW QUESTION # 76
What is the role of the VM facilitator during the Development Phase?
Choose 2 answers.
Answer: B,D
Explanation:
The correct answers are A. Review VM proposals and C. Rewrite VM proposals . During the Development Phase, selected ideas are converted into formal VM proposals with enough documentation for decision makers to determine whether implementation is justified. SAVE's VM Standard Reference states that, in this phase, the VM study team develops selected ideas into VM proposals with sufficient documentation for implementation decisions.
The facilitator's role is not to become the technical author or researcher for each proposal. Instead, the facilitator manages the process, maintains consistency, reviews proposal quality, checks clarity, confirms that required elements are included, and helps revise or rewrite proposal narratives so they are understandable, complete, and decision-ready. This aligns with the facilitator's broader duty to lead the multidisciplinary VM process, keep the team disciplined within the Job Plan, and ensure outputs support value-based decisions.
SAVE describes VM as a systematic process used by a multidisciplinary team led by a qualified VM facilitator.
Option B is incorrect because proposal preparation is primarily the responsibility of assigned team members or technical specialists. Option D is incorrect because background research is normally performed by the proposal owner or subject-matter experts, not by the facilitator as a primary role.
References/topics: Development Phase; VM Proposal Development; VM Facilitator Role; Proposal Review and Revision; VM Job Plan.
NEW QUESTION # 77
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 # 78
On the function logic path in a FAST diagram.
Choose 3 answers.
Answer: C,D,E
Explanation:
The correct answers are A, C, and E . In the Function Analysis Phase, FAST diagramming organizes functions by How-Why logic , not by chronological sequence. SAVE's course structure places FAST Diagrams , How-Why and When Logic , and FAST Diagram Structure directly under the Function Analysis Phase, confirming that this is a core function-modeling competency. ( SAVE International Online Courses ) On the logic path, moving left to right answers the question, "How is this function achieved?" Therefore, the function on the right represents the approach, means, or method used to perform the function on the left.
Conversely, moving right to left answers "Why is this function performed?" Therefore, the function on the left expresses the goal, purpose, or higher-order reason for the function on the right. FAST guidance also states that higher-order functions are toward the left, while lower-order functions describing how they are accomplished are toward the right. ( Value Analysis ) A change to a function or method on the critical logic path affects the functions dependent on it, which are located to its right. ( ) References/topics: Function Analysis Phase; FAST Diagramming; How-Why Logic; Critical Path Functions.
NEW QUESTION # 79
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