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| Section | Objectives |
|---|---|
| Job Plan Phases | - Evaluation Phase
|
| Value Methodology Overview | - Principles of Value Engineering / Value Analysis
|
| Professional Practice Requirements | - Value study facilitation - Project documentation and reporting |
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NEW QUESTION # 64
A baseline design has a function cost of $120,000 and the team estimates the function worth at $80,000.
Using VI = FC ÷ FW, what is the Value Index?
Answer: B
Explanation:
The correct answer is C . Using the stated formula, Value Index = Function Cost ÷ Function Worth =
$120,000 ÷ $80,000 = 1.50 . SAVE's dictionary defines Function Cost as the directly related resources allocated to a function and Function Worth as the lowest overall cost to perform a function without regard to criteria or code. It also defines Value Index as the monetary relationship of function cost to function worth, expressed as FC ÷ FW, where good value is VI # 1.0.
Option A reverses the formula and calculates FW ÷ FC. Option B would mean cost equals worth, which is not true here. Option D has no mathematical basis from the numbers given. A VI of 1.50 indicates a value mismatch: the current function cost exceeds the function worth. This does not automatically mean the function should be eliminated, but it does identify a strong candidate for creativity and evaluation. CVS candidates must be careful because some older materials express the ratio in reverse; the exam stem controls the formula.
References/topics: Evaluation Phase; Function Cost; Function Worth; Value Index.
NEW QUESTION # 65
Which function of prescription eyeglasses is located in the "When" direction?
Answer: B
Explanation:
The correct answer is B. Maintain position . In FAST diagramming, the horizontal logic path normally answers How and Why . The vertical "When" direction is used for supporting or secondary functions that occur in relation to a function on the critical function logic path. SAVE's VM Glossary defines a FAST diagram as a graphical representation of dependent function relationships and specifically identifies the labeled How, Why, and When arrows as FAST components. It also explains that vertical lines connect secondary functions to required secondary functions through their "When" relationships . ( ) For prescription eyeglasses, Modify vision is the core/basic function because the lenses correct or adjust the user's vision. Facilitate sight is a higher-order purpose explaining why the basic function exists. Maintain position is a supporting function because the frame, bridge, temples, and nose pads keep the lenses properly located in front of the eyes while the eyeglasses modify vision. This function happens concurrently with the basic function, making it appropriate in the When direction. Fold eyeglasses is only a convenience/storage function, not the functional support required during vision correction.
References/topics: Function Analysis Phase; FAST Diagramming; When Relationship; Secondary Function; Prescription Eyeglasses Function Model.
NEW QUESTION # 66
Carpet and vinyl tile are acceptable alternatives for an owner to cover 1,000 square meters of floor.
Carpet
Installation 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
Installation 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 What is the initial cost of the carpet ?
Answer: C
Explanation:
The correct answer is A. $30,000 . The question asks only for the initial cost of the carpet, not its annual maintenance cost, life-cycle cost, present worth, or equivalent annual cost. In SAVE terminology, initial cost means the first expenditure required to acquire, produce, construct, or install the project, product, or process.
The SAVE VM Dictionary identifies initial cost as the initial expenditure of resources and also treats it as interchangeable with capital cost. It separately defines life-cycle cost as the sum of initial cost, recurrent annual cost, single expenditures, and disposal or salvage value over a defined period. Therefore, the maintenance costs and service-life data are distractors for this specific calculation.
The carpet covers 1,000 square meters , and the installation cost is $30 per square meter . The calculation is:
1,000 × $30 = $30,000
Options B, C, and D incorrectly imply that additional costs have been added to the initial installation cost. In the Evaluation Phase, CVS candidates must identify the cost category being requested before performing the calculation. SAVE's VM Standard places structured evaluation after creativity to compare alternatives while considering performance requirements and resource limits.
References/topics: Evaluation Phase; Initial Cost; Capital Cost; Life-Cycle Cost Analysis; Cost Classification.
NEW QUESTION # 67
What is the most appropriate description of the Information Phase?
Answer: A
NEW QUESTION # 68
Which of the following methods should the VM facilitator utilize during the Creativity Phase using discursive creativity techniques?
Choose 2 answers.
Answer: A,B
Explanation:
The correct answers are C. Break problems into sub-problems and D. Utilize mind-mapping techniques to visualize connections . In the Creativity Phase, the VM team generates alternative ways to perform the selected functions. SAVE's VM guidance describes this phase as a quantity-focused idea-generation activity where ideas are developed without judgment, habit, assumed restrictions, or premature feasibility screening. ( UW Courses ) Discursive creativity techniques are structured, logical, and systematic. They help the team move through the problem deliberately rather than relying only on spontaneous brainstorming. Breaking problems into sub- problems is appropriate because it allows the facilitator to separate a complex function, process, or constraint into smaller idea-generation targets. This improves coverage and prevents the team from treating the problem too broadly. Mind-mapping is also appropriate because it visually organizes relationships among functions, causes, ideas, constraints, and possible solution paths.
Option A is incorrect because focusing on the most feasible ideas belongs to the Evaluation Phase , not Creativity. Option B is a useful facilitation rule, but it is not specifically a discursive creativity technique.
References/topics: Creativity Phase; Discursive Creativity Techniques; Idea Generation; Function-Based Alternatives; Evaluation Phase Boundary.
NEW QUESTION # 69
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