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| Section | Weight | Objectives |
|---|---|---|
| Standards, Ethics and Application | 10% | - Application in different industries and sectors - SAVE International standards and guidelines - Professional ethics and responsibilities |
| Value Methodology Principles and Concepts | 25% | - Value index, function and cost relationship - Origins, development and application scope of Value Methodology - Definition and core concepts of Value |
| Tools and Techniques | 20% | - Function analysis system technique (FAST) - Decision-making and evaluation tools - Cost analysis and worth assessment - Creative thinking and idea generation methods |
| Leadership and Facilitation | 15% | - Leading value study teams - Workshop facilitation skills - Stakeholder management and communication |
| Value Methodology Job Plan | 30% | - Preparation phase - Evaluation phase - Presentation and implementation phase - Function analysis phase - Information phase - Development phase - Creative phase |
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NEW QUESTION # 26
During the Presentation Phase, the team leader should primarily do which of the following?
Answer: D
Explanation:
The correct answer is A . SAVE's VM Standard defines the Presentation Phase as the phase where the team leader develops a report and/or presentation that documents and conveys the adequacy of the developed alternatives and the associated value improvement opportunity. The purpose is to communicate recommendations clearly so decision makers can assess whether to accept, modify, defer, or reject them.
Option B belongs to Function Analysis. Option C belongs to Creativity. Option D is wrong because the VM team recommends; it does not take over governance or ownership authority. A strong CVS-level presentation must be technically credible and management-focused. It should explain what is recommended, why the alternative satisfies required functions, how it affects performance and risk, what costs change, what life-cycle benefits are expected, and what implementation actions are required. The Presentation Phase is not a sales pitch based on vague savings claims. It is a disciplined transfer of decision-ready information from the VM team to accountable decision makers.
References/topics: Presentation Phase; VM Report; Decision-Maker Communication.
NEW QUESTION # 27
Which of the following should be considered when preparing the VM study report?
Choose 3 answers.
Answer: A,D,E
Explanation:
The correct answers are B, D, and E . The VM study report is a formal communication tool prepared after the study to document the study process, findings, developed proposals, expected benefits, implementation considerations, and decision-support information. Therefore, the status of the VM study subject must be considered because the report should reflect the current condition, design stage, project phase, constraints, assumptions, and decisions affecting the subject.
The report must also focus on the typical audience of stakeholders and project managers . These readers need clear, usable information to understand the value opportunities, proposal rationale, cost/performance impacts, and implementation requirements. The report should support management action, not simply record technical discussion.
Option E is also correct because the report should be understandable to people who were not directly involved in the VM study . A good VM report allows future reviewers, decision makers, implementation teams, and auditors to understand what was studied, what alternatives were recommended, and why.
Option A is incorrect because "non-study focus groups" are not a primary consideration in preparing the study report. Option C is incorrect because excessive technical language can reduce clarity; the report should be clear, concise, and audience-focused.
References/topics: Presentation Phase; VM Study Report; Stakeholder Communication; Proposal Documentation; Decision Support.
NEW QUESTION # 28
The VM Job Plan differs from the scientific method approach to problem-solving because the VM job plan
Answer: C
Explanation:
The correct answer is B. focuses on what a subject does . The key difference between the VM Job Plan and many other problem-solving methods is its deliberate emphasis on function . In Value Methodology, the team does not begin by defending the existing design, component, process, or solution. Instead, it asks what the subject must do to satisfy the required need.
SAVE's Study Guide states that Value Methodology improves value through the analysis of functions and that Function Analysis is the activity that differentiates VM from other problem-solving or improvement practices. It also explains that functions describe the work being performed within the study scope using active verb and measurable noun pairings. ( ) Option A is incorrect because VM still requires adequate information during the Information Phase. Option C is incorrect because VM does not reduce analysis; it structures analysis through the Job Plan. Option D describes the scientific method more closely because hypothesis development and testing are central to scientific inquiry. The VM Job Plan is function-based: it defines, analyzes, creatively improves, evaluates, develops, and presents alternatives that better perform required functions. SAVE's VM Standard also confirms that Function Analysis defines project functions and identifies which functions require improvement, elimination, or creation. ( ) References/topics: Value Methodology and Job Plan; Function Analysis Phase; Function-Based Thinking; Active Verb/Measurable Noun; VM vs Scientific Method.
NEW QUESTION # 29
One member of the group is dominating the discussions. What approach should the VM Facilitator use to engage the group?
Answer: D
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 # 30
Match the statements that best identify a FAST diagram and flowchart.
Answer:
Explanation:
Explanation:
The correct matches are FAST Diagram = Describes the purpose of the study subject and Flowchart = Describes the activities of the study subject . In Value Methodology, a FAST diagram is not an activity map. It is a function model. SAVE's Study Guide defines a function as the original intent or purpose that a product, service, or process is expected to perform, expressed in active verb/measurable noun form. It also defines FAST as a graphical representation of dependent relationships between functions within a project.
Therefore, FAST is used to understand the functional purpose and how functions logically relate through "how
/why" thinking.
A flowchart is different. It represents process flow: the sequence of activities, steps, or operations used by the study subject. SAVE's glossary defines a process as a sequence of activities that delivers a product or project.
That aligns directly with the option "Describes the activities of the study subject."
"Identifies flaws" is too narrow; defects may be discovered during analysis, but that is not the defining purpose of either tool. "Prioritizes activities" is also incorrect because prioritization normally belongs to evaluation or decision methods, not basic FAST or flowchart definition.
References/topics: Function Analysis Phase; FAST Diagramming; Function Modeling; Process Flowchart; How-Why Logic.
NEW QUESTION # 31
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