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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Leadership and Facilitation | 15% | - Stakeholder management and communication - Workshop facilitation skills - Leading value study teams |
| Topic 2: Value Methodology Principles and Concepts | 25% | - Definition and core concepts of Value - Value index, function and cost relationship - Origins, development and application scope of Value Methodology |
| Topic 3: Tools and Techniques | 20% | - Cost analysis and worth assessment - Decision-making and evaluation tools - Function analysis system technique (FAST) - Creative thinking and idea generation methods |
| Topic 4: Value Methodology Job Plan | 30% | - Preparation phase - Creative phase - Evaluation phase - Function analysis phase - Development phase - Information phase - Presentation and implementation phase |
| Topic 5: Standards, Ethics and Application | 10% | - Professional ethics and responsibilities - SAVE International standards and guidelines - Application in different industries and sectors |
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NEW QUESTION # 96
Which of the following support an organization in lessons learned from a VM study?
Choose 2 answers.
Answer: A,D
Explanation:
The correct answers are B and C . Lessons learned from a VM study are intended to strengthen organizational learning, improve future VM applications, and convert study experience into repeatable management knowledge. SAVE's study guidance identifies Value Study follow-up as the activity used to follow up on implementation results and improve the application of VM for future studies. It specifically includes preparing reports of study results and lessons learned, identifying missed opportunities, identifying roadblocks to innovation, debriefing and recording lessons learned, and integrating results into the organization's lessons- learned or program reporting system. ( cdn..com ) Therefore, documenting both successes and challenges is essential because lessons learned must be balanced, factual, and useful for future teams. Capturing only positive outcomes would distort the learning record, while capturing only failures would create blame rather than improvement. Requiring changes based on specific challenges is also appropriate because lessons learned should result in corrective or preventive action where recurring obstacles, process gaps, or implementation barriers are identified.
Option A is incorrect because VM lessons learned should not be a blame exercise focused on design errors and responsible individuals. Option D is incorrect because negative impacts must not be filtered out; they are often the most important source of improvement.
References/topics: VM Programs; Value Study Follow-Up Activities; Lessons Learned; Program Reporting; Implementation Feedback.
NEW QUESTION # 97
On the Function Logic Path, how do prescription eyeglasses correct vision?
Answer: D
Explanation:
The correct answer is D. Align focus . In Function Analysis, the team defines what the subject must do, not what its parts are. SAVE's study guidance states that functions are described using two-word active verb
/measurable noun pairings, and FAST is used to show how project functions relate to each other. ( ) For prescription eyeglasses, the basic function is correct vision . On the Function Logic Path, the "how" question asks: How do eyeglasses correct vision? The best functional answer is align focus because prescription lenses bend and direct light so the image focuses correctly for the user. This directly supports the basic function.
The other choices are supporting or secondary functions. Secure position helps hold the glasses properly on the face, but it does not itself correct vision. Minimize weight improves comfort, and improve durability supports dependability, but neither explains the direct functional mechanism of vision correction. FAST logic is specifically used to map these function relationships through How/Why reasoning, making align focus the correct lower-order function linked to "correct vision." ( ) References/topics: Function Analysis Phase; FAST Diagramming; Function Logic Path; Basic Function; Lower-Order Function.
NEW QUESTION # 98
Which approaches should the VM facilitator use to encourage innovation?
Choose 2 answers.
Answer: A,B
Explanation:
The correct answers are B and C . A VM facilitator encourages innovation by moving the team beyond existing assumptions, current habits, and normal organizational boundaries. In the Creativity Phase, SAVE- oriented VM guidance emphasizes generating ideas for all possible ways to accomplish the required functions, rather than defending the existing solution. ( Value Engineering ) The facilitator therefore supports future-focused thinking, where the team imagines an ideal condition and considers long-term potential before judging feasibility. This is consistent with VM practice because creativity must be allowed to expand before evaluation, cost review, or technical screening begins.
Option C is also correct because innovation often comes from cross-disciplinary transfer. Borrowing ideas from other industries, technologies, processes, or disciplines helps the team discover alternative ways to perform the required function. The Creative Phase is specifically described as being unconstrained by habit, tradition, negative attitudes, assumed restrictions, and specific criteria. ( UW Courses ) Option A is incorrect because simply maintaining current systems preserves the baseline and limits breakthrough thinking. Option D is incorrect because avoiding combinations and testing prevents idea development and blocks innovation.
References/topics: VM Facilitation; Team Dynamics; Creativity Phase; Innovation; Divergent Thinking; Long-Term Value Potential.
NEW QUESTION # 99
Which of the following is information that is typically documented for "conditionally accepted" VM proposals during the Implementation Meeting?
Choose 3 answers.
Answer: B,C,E
Explanation:
The correct answers are A, D, and E . A "conditionally accepted" VM proposal is not rejected, but it is also not fully approved for immediate implementation. It requires follow-up before final acceptance. Therefore, the Implementation Meeting documentation must clearly record what action is required , who is responsible , and when the final decision will be made .
This aligns directly with SAVE's VM Job Plan logic. The Development Phase requires the team to prepare implementation requirements, including initial cost, life-cycle cost, implementation cost, risk, uncertainty, and schedule impact. It also requires an implementation plan containing the proposed schedule, team assignments, and management requirements. ( UW Courses ) The Presentation Phase then seeks concurrence and commitment from management, and the written report confirms the implementation plan accepted by management. ( UW Courses ) During Post-Study, assignments are made to complete tasks associated with the approved implementation plan. ( UW Courses ) Grammar changes are editorial, not implementation-control information. VM team disagreements may be noted internally if relevant, but they are not the typical required record for conditional acceptance.
References/topics: Implementation Phase; Presentation Phase; Post-Study Activities; Implementation Plan; VM Proposal Follow-Up.
NEW QUESTION # 100
Which of the following situations are MOST appropriate for using a RACI matrix?
Choose 2 answers.
Answer: B,C
Explanation:
The correct answers are B and D . A RACI matrix is most appropriate when the VM facilitator needs to clarify involvement, responsibility, accountability, consultation, and communication among participants or stakeholders. In the SAVE International Value Methodology Core Competencies, the RACI matrix is listed under the Information Phase as a method used to transform information, while process flowcharts are listed separately as a different technique. This distinction is important because a RACI matrix does not map process sequence; it clarifies roles and involvement.
A RACI chart defines who is Responsible, Accountable, Consulted, and Informed for project tasks, and it is used to reduce confusion, improve communication pathways, and establish clear ownership. ( Atlassian ) Therefore, it directly addresses communication gaps and misunderstood concepts related to who should act, decide, advise, or be kept informed.
Option A is incorrect because process-flow issues are better handled with a process flowchart. Option C is incorrect because validated assumptions do not require role clarification; they are already confirmed information.
References/topics: Information Phase; RACI Matrix; Methods to Transform Information; VM Facilitation; Stakeholder Communication.
NEW QUESTION # 101
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