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| Section | Objectives |
|---|---|
| Value Methodology Core Competencies | - Value Methodology Job Plan Application - Value Concept
- VM Facilitation and Leadership - Value Methodology Foundations
- Function Analysis |
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NEW QUESTION # 82
Which creativity method is based on the consideration of the overall problem and brainstorming by function?
Answer: B
Explanation:
The correct answer is A. Intuitive Creativity Method . In the CVS Value Methodology framework, the Creativity Phase is designed to generate a large quantity of ideas for performing the functions selected during Function Analysis. The SAVE VM Standard describes the Creative Phase as an effort to develop many ideas for "performing each function selected for study," with judgment suspended and free idea flow encouraged.
The intuitive creativity method is based on considering the overall problem and allowing ideas to emerge freely through association, imagination, and non-linear thinking. The VM Guide states that intuitive creativity methods are based on the "overall problem" and that brainstorming by function is a prime example. This matches the question exactly.
Option C, Discursive Creativity Method , is incorrect because it follows a deliberate, structured, step-by-step procedure by breaking the problem into sub-problems. Option D, Empirical Creativity Method , is more experimental or data-driven. Option B is not the standard classification used here.
References/topics: Creativity Phase; Creativity Techniques; Intuitive Creativity Methods; Brainstorming by Function; Creating by Function
NEW QUESTION # 83
What is the ultimate objective of the Function Analysis Phase?
Answer: C
Explanation:
The correct answer is D. To prioritize functions . The Function Analysis Phase includes several important activities: identifying functions, defining them in active verb/measurable noun form, classifying them as basic or secondary, organizing their relationships, and relating cost or worth where required. However, these activities are not the final purpose by themselves. Their purpose is to determine which functions deserve the team's focused attention for value improvement.
SAVE's Value Methodology guidance explains that during Function Analysis, the team defines project functions and reviews them to determine which need improvement, elimination, or creation to meet study goals. ( WSDOT ) The Study Guide also states that functions performed inefficiently or at more than expected cost become the focus of the VM team's improvement effort. ( ) This means the ultimate output is a prioritized understanding of where value improvement opportunities exist.
Option A may occur in advanced function-cost analysis, but it is not the ultimate objective. Options B and C are necessary intermediate steps, but they support the larger goal of prioritizing functions for creativity, evaluation, and development.
References/topics: Function Analysis Phase; Function Definition; Function Classification; Function Organization; Function Prioritization; Value Improvement Opportunities.
NEW QUESTION # 84
A well-managed VM program will include a process
Choose 2 answers.
Answer: B,D
Explanation:
The correct answers are A and C . A well-managed Value Methodology program must have a structured process for deciding which subjects should receive VM studies and when VM should be applied . VM program management is not simply about conducting studies randomly; it requires screening potential projects, products, processes, or services to determine where VM effort can create meaningful value improvement. The VM Guide program-management section specifically includes "Selecting subjects for VM studies" and "Timing of VM studies" as key management areas. ( pdfcoffee.com ) Option A is correct because subject selection helps the organization focus limited VM resources on studies with suitable size, complexity, risk, cost, performance concern, or strategic importance. Option C is correct because timing matters. SAVE guidance notes that VM may be applied at different points in a subject's life cycle, and early application often improves direction before later implementation costs increase. ( ) Option B is incorrect because no VM program can guarantee return on investment from every individual study. Option D is incorrect because requiring a VM study on every subject would waste resources and ignore proper screening criteria.
References/topics: VM Programs; VM Program Management; Selecting VM Study Subjects; Timing of VM Studies; VM Application Criteria.
NEW QUESTION # 85
Which of the following are typically included in a VM study report?
Choose 3 answers.
Answer: A,B,E
Explanation:
A VM study report is the formal documentation of the value study process, findings, alternatives, and supporting rationale. The correct inclusions are workshop agenda and team members , summary of the VM Job Plan , and the ideas generated with their evaluation . The SAVE VM Standard identifies the Job Plan as the structured framework for a valid study, and the Presentation Phase requires the team leader or facilitator to develop a report and/or presentation that documents and conveys the alternatives and value improvement opportunity. ( cdn..com ) A report should therefore preserve the administrative record of the study, including agenda, attendance, team composition, and study process. It should also summarize how the Job Plan was followed, because the Job Plan is the disciplined sequence that gives the study validity. The creative and evaluation outputs are also reportable because ideas are generated in the Creative Phase and then screened through a structured Evaluation Phase to identify value-improvement potential.
Design plans and specifications are source information used during preparation/information gathering, but they are not normally reproduced as core VM study-report content. The VM presentation may be related to the report, but it is not the best answer as a typical internal report section.
References/topics: Presentation Phase; VM Study Report; VM Job Plan; Creative Phase; Evaluation Phase; Study Documentation.
NEW QUESTION # 86
A VM study team member arrives with new information during the development of VM proposals. What should the VM facilitator do?
Choose 2 answers.
Answer: A,D
Explanation:
The correct answers are A and B . During the Development Phase , the VM team is converting selected ideas into value alternatives, so any new information that affects assumptions, cost, risk, performance, stakeholder impact, or feasibility must be evaluated before the proposal is finalized. SAVE's Study Guide explains that each Job Plan phase provides information needed for the next phase and that, as the team gains additional knowledge, a previous phase may be revisited. ( ) Therefore, the facilitator should first assess the information with the VM team to determine whether it changes the rationale, calculations, risk profile, or viability of any proposal.
The facilitator should also discuss the information with the study subject program manager because the information may affect scope, owner requirements, baseline assumptions, implementation constraints, or management expectations. In the Development Phase, value alternatives must be clearly written with supporting assumptions, calculations, vendor information, cost comparisons, and other information needed to convey the alternative. ( ) Option C is premature because new information does not automatically require a new proposal. Option D is incorrect because disregarding relevant information undermines proposal credibility and informed decision- making.
References/topics: Development Phase; Value Alternative Development; Facilitator Responsibilities; Proposal Validation; VM Team Coordination.
NEW QUESTION # 87
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