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| Section | Objectives |
|---|---|
| Topic 1: Value Methodology Core Competencies | - Value Methodology Job Plan Application - Advanced VM Practice (Leadership-level application) - VM Facilitation and Leadership - Function Analysis - VM Study Execution and Team Management - Value Concept
|
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NEW QUESTION # 38
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: A
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 # 39
Which of the following strategies should be used to enhance understanding of VM proposals presented during the Presentation Phase?
Choose 2 answers.
Answer: B,C
Explanation:
The correct answers are C and D . In the Presentation Phase, the purpose is not simply to display information, but to communicate the developed VM proposals clearly enough for decision makers to understand the recommendation, its basis, and its value improvement opportunity. SAVE's Value Methodology Standard states that the Presentation Phase should develop a report and/or presentation that documents and conveys the adequacy of the developed alternatives and their associated value improvement opportunity. ( ) Using baseline and proposed graphics at a similar level of complexity helps the audience compare the current condition against the recommended alternative without distortion. If one graphic is overly detailed and the other is simplified, the comparison may become misleading or difficult to evaluate. Providing clear explanations and context is equally important because graphics alone rarely communicate assumptions, functional trade-offs, cost implications, risks, or implementation constraints.
Option A is incorrect because relying only on graphics removes the technical reasoning needed for acceptance. Option B is also incorrect because excessive graphics can dilute the message and distract from the proposal's functional and value basis.
References/topics: Presentation Phase; VM Proposal Communication; Baseline vs Proposed Comparison; Decision-Maker Understanding; VM Report and Presentation.
NEW QUESTION # 40
Which function statement is written in the most appropriate VM format?
Answer: A
Explanation:
The correct answer is B because VM functions are expressed in a two-word format using an active verb and a measurable noun. SAVE's VM Standard states that the team defines functions using a two-word active verb
/measurable noun context. The SAVE dictionary also explains that a function identifies what something does, independent of what it is or how it is accomplished, and is expressed as an active verb plus measurable noun.
Option A is wrong because it describes an object and attribute, not a function. "Strong steel beam" tells what the solution is, not what it does. Option C is too design-specific and sentence-based; it identifies the component and solution rather than abstracting the function. Option D is vague and not measurable. "Support load" is superior because it focuses on the required action without locking the team into a beam, slab, truss, or other specific solution. CVS candidates must be able to distinguish function language from component language.
References/topics: Function Definition; Verb-Noun Format; Function Analysis Phase.
NEW QUESTION # 41
The VM job plan separates
Answer: B
Explanation:
The correct answer is A. creative steps from analytical steps . The VM Job Plan is structured so the team does not mix information gathering, function analysis, idea generation, judgment, and proposal development into one uncontrolled discussion. SAVE guidance describes the Job Plan as the process that guides the study team in identifying and focusing on key project functions to create ideas that result in value improvement. ( ) This separation is important because the Creative Phase requires free idea generation without premature criticism, feasibility judgment, or cost filtering. The Evaluation Phase then applies analytical judgment to screen, rank, and select ideas with value potential. The Development Phase further analyzes selected alternatives through cost, performance, risk, and implementation considerations. SAVE's VM Standard also states that a qualifying value study follows an organized Job Plan with defined phases, including Function Analysis, Creative, Evaluation, Development, and Presentation. ( ) Option B is incorrect because designers may be part of the multidisciplinary VM team. Option C is incorrect because cost and function are intentionally related during VM analysis. Option D is incorrect because project needs and functions are also connected; functions express what must be done to satisfy needs.
References/topics: Value Methodology and Job Plan; Creative Phase; Evaluation Phase; Function Analysis; Analytical vs Creative Thinking.
NEW QUESTION # 42
Which of the following are the effects of increasing the duration of a VM study?
Choose 2 answers.
Answer: A,B
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 # 43
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