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| Section | Objectives |
|---|---|
| Topic 1: Value Methodology Overview | - Principles of Value Engineering / Value Analysis
|
| Topic 2: Job Plan Phases | - Evaluation Phase
|
| Topic 3: Professional Practice Requirements | - Value study facilitation - Project documentation and reporting |
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NEW QUESTION # 123 
Which of the following is an "all-the-time" function in a FAST diagram for prescription eyeglasses?
Answer: C
Explanation:
The correct answer is C. Position lenses . In FAST diagramming, functions are expressed in a disciplined active verb / measurable noun format, and the purpose of the diagram is to show how project, product, or process functions logically relate to each other. The SAVE certification study material identifies FAST as a graphical mapping tool that helps team members understand how functions relate, while preserving the basic function and analyzing supporting functions. ( ) An "all-the-time" function is a supporting or simultaneous function that must occur continuously while the product performs its basic function. FAST construction tests this by asking: when this function is being performed, what other function must also occur? This "when" relationship identifies functions that occur together, not necessarily functions timed by a clock.
For prescription eyeglasses, the lenses must be held in the correct optical position relative to the wearer's eyes at all times. Therefore, Position lenses is the best all-the-time function. Improve focus and Access vision describe higher-order or basic-path purposes, while Display information is not a normal function of prescription eyeglasses.
References/topics: Function Analysis Phase; FAST Diagramming; All-the-Time Functions; Basic and Secondary Functions; Function Logic.
NEW QUESTION # 124
What are key factors that cause VM programs to fail?
Choose 2 answers.
Answer: C,D
Explanation:
The correct answers are A and B . A VM program can fail when it is placed too narrowly inside one department because Value Methodology must operate as an organization-wide management process, not as the property of a single functional group. When VM is positioned inside one department, other departments may view it as that department's agenda rather than as a neutral, cross-functional decision-support process.
This weakens participation, reduces ownership of recommendations, and limits executive visibility.
An undefined implementation and change management process is also a major failure factor. VM studies produce recommendations, but the program succeeds only when those recommendations are reviewed, approved, assigned, tracked, and integrated into normal project or business controls. Without a defined implementation path, even technically strong VM proposals can remain unused. Change management is necessary because VM recommendations often alter scope, design, delivery approach, cost allocation, or stakeholder expectations.
By contrast, management support and tracking VM study results are success factors, not failure factors.
Executive support gives authority and resources, while tracking verifies savings, value improvement, and accountability.
References/topics: VM Programs; Program Organization; Management Support; Implementation Process; Change Management; Tracking VM Results.
NEW QUESTION # 125
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: A
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 # 126
How should the VM facilitator handle "conditionally accepted" VM proposals?
Choose 2 answers.
Answer: B,C
Explanation:
A conditionally accepted VM proposal is not fully approved yet. It means the decision makers see value in the proposal, but acceptance depends on certain changes, clarifications, added data, or further review. Therefore, the facilitator should first identify the modifications required for acceptance . This creates a clear action path and prevents the proposal from being wrongly recorded as fully approved.
The facilitator should also ask decision makers for the timing of the final decision . In VM reporting and implementation follow-up, unresolved proposals must have ownership, required actions, and a decision schedule. Without a timing commitment, conditionally accepted proposals can remain open and lose implementation momentum.
Option B is incorrect because a conditionally accepted proposal is not the same as an accepted proposal.
Listing it as accepted would misrepresent the decision status. Option D is weaker because the facilitator should not merely list deficiencies; the correct VM approach is to convert concerns into specific required modifications and next steps.
References/topics: Presentation Phase; Decision Documentation; Proposal Disposition; Implementation Planning; VM Facilitator Responsibilities.
NEW QUESTION # 127
Which of the following are the effects of increasing the duration of a VM study?
Choose 2 answers.
Answer: B,C
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 # 128
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