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| Section | Objectives |
|---|---|
| Professional Practice Requirements | - Project documentation and reporting - Value study facilitation |
| Job Plan Phases | - Function Analysis Phase
|
| Value Methodology Overview | - Principles of Value Engineering / Value Analysis
|
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NEW QUESTION # 59
Pareto's law of distribution can be applied to
Choose 4 answers.
Answer: B,C,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 # 60
Which statement best describes a FAST diagram?
Answer: B
Explanation:
The correct answer is B . FAST stands for Function Analysis System Technique. SAVE defines a FAST diagram as a graphical representation of dependent relationships of functions within a project, product, or process. The diagram uses logical relationships such as "How," "Why," and "When" to organize functions. It is a core Function Analysis tool because it forces the team to examine why functions exist, how they are accomplished, and which functions lie on the critical function logic path.
Option A is incorrect because schedule networks belong to project scheduling, not function modeling. Option C is wrong because cost spreadsheets may support resource analysis, but they do not show functional dependency logic. Option D is a procurement management artifact. FAST is valuable because it shifts the team from objects and components to function relationships. This enables better creativity because the team can ask, "How else can we perform this function?" rather than merely asking, "How can we make this component cheaper?" References/topics: FAST Diagram; Function Analysis System Technique; How-Why Logic.
NEW QUESTION # 61
Which of the following are appropriate techniques to achieve the expected output of the Evaluation Phase?
Answer: D
Explanation:
The correct answer is C. Coarse, medium, and fine filters . In the VM Job Plan, the Evaluation Phase converts the large number of ideas generated during the Creativity Phase into a smaller, rationally selected group of ideas suitable for Development. SAVE's Value Methodology Standard states that the Evaluation Phase uses a structured evaluation process to select ideas with potential for value improvement while still delivering required functions and respecting performance requirements and resource limits. ( ) The SAVE International Core Competencies directly classify Evaluation Phase techniques as coarse filter, medium filter, and fine filter methods. These appear under "Apply Evaluation Techniques," with coarse filters representing simple screening, medium filters supporting intermediate comparison, and fine filters supporting more detailed evaluation before ideas move into development. ( ) Option A, weighted evaluation, can be part of a detailed or fine-filter evaluation, but it is not the complete filtering approach named in the CVS/VM Guide framework. Options B and D are more closely associated with idea generation or creative stimulation, not the primary structured filtering process of the Evaluation Phase.
References/topics: Evaluation Phase; Apply Evaluation Techniques; Coarse Filter; Medium Filter; Fine Filter; Idea Selection.
NEW QUESTION # 62
One member of the group is dominating the discussions. What approach should the VM Facilitator use to engage the group?
Answer: A
Explanation:
The correct answer is D. ask questions of the quiet members . In a VM workshop, the facilitator must maintain balanced participation so the team benefits from the full range of technical, operational, customer, and stakeholder perspectives. A dominating participant can unintentionally suppress alternative viewpoints, reduce creativity, and weaken the quality of evaluation and consensus. The facilitator's response should therefore be corrective but professional, not punitive.
SAVE International guidance identifies the team leader's responsibilities as keeping the team focused, keeping team members involved in the discussion and work, keeping the team together, and acting as a catalyst while being diplomatic rather than dictatorial. ( ) Asking quiet members targeted, neutral questions directly supports these responsibilities because it redistributes participation without embarrassing the dominant person or disrupting team cohesion.
Option A is too extreme and damages trust. Option B worsens the imbalance by allowing quieter members to remain disengaged. Option C may distract the group but does not solve the participation problem. The best facilitation technique is to invite quieter members into the conversation through open-ended questions, round- robin input, or direct prompts tied to their expertise.
References/topics: VM Facilitation and Team Dynamics; Team Leader Responsibilities; Balanced Participation; Group Engagement; Workshop Control.
NEW QUESTION # 63
What reviews should be conducted during the development of VM proposals?
Choose 2 answers.
Answer: B,C
Explanation:
The correct answers are B and C . During the Development Phase , selected ideas are converted into workable VM proposals. This phase requires disciplined review because recommendations must be technically sound, cost-supported, practical, and aligned with project objectives. All VM study team members should review the proposals because VM is a team-based methodology. The proposal must reflect multidisciplinary input, including function, cost, performance, risk, schedule, constructability, operations, and implementation concerns. A proposal developed or checked by only one person may miss critical impacts.
A midpoint review with stakeholders is also appropriate. Stakeholder review helps confirm that the developing proposals are moving in a useful direction before the team spends additional time preparing final recommendations. It allows early correction of misunderstandings, validation of assumptions, and identification of acceptance issues. This improves the quality and credibility of the final presentation.
Option A is incorrect because controversial proposals should not be discarded automatically. They should be analyzed objectively if they improve value. Option D is incorrect because the facilitator guides the process but does not serve as the sole technical reviewer.
References/topics: Development Phase; VM Proposal Development; Team Review; Stakeholder Review; Value Study Process; Proposal Validation.
NEW QUESTION # 64
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