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| Section | Objectives |
|---|---|
| Value Methodology Core Competencies | - Function Analysis - Value Concept
- Value Methodology Job Plan Application - VM Facilitation and Leadership - Advanced VM Practice (Leadership-level application) - Value Methodology Foundations
|
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NEW QUESTION # 44
Which behavior best reflects the proper role of a VM facilitator?
Answer: C
Explanation:
The correct answer is B . SAVE's dictionary defines a facilitator as someone who is substantively neutral, has no substantive decision-making authority, and helps a group improve how it identifies and solves problems, makes decisions, and increases effectiveness. In the VM context, the facilitator leads the group through the VM Job Plan and is associated with the Value Team Leader role.
Option A is wrong because a facilitator who pushes a preferred solution compromises neutrality and suppresses team ownership. Option C is too narrow; cost estimating may support the study, but the facilitator' s role is process leadership, not simply estimating. Option D is unrealistic and incorrect. Disagreement can be productive when managed professionally. The facilitator should structure the discussion, clarify assumptions, surface competing stakeholder needs, and guide the team toward function-based consensus. CVS facilitation requires discipline: the facilitator protects the process, manages participation, maintains phase boundaries, and prevents premature judgment while ensuring the team produces usable outputs.
References/topics: VM Facilitation; Team Dynamics; Facilitator Neutrality.
NEW QUESTION # 45
Which statement best describes the Implementation Phase?
Answer: C
Explanation:
The correct answer is B . Implementation is the post-presentation activity where accepted recommendations are converted into action. Although the six-phase workshop Job Plan ends with Presentation, SAVE's VM process recognizes post-workshop documentation and implementation activity as part of the broader value study process. The VM Standard's process flow shows pre-workshop, workshop, and post-workshop
/implementation activities.
Option A is incorrect because collecting user attitudes and study preparation occur before or during early study activities, not Implementation. Option C is wrong because Creativity generates alternatives, while Implementation executes approved proposals. Option D is wrong because unselected ideas are not automatically approved. At CVS level, Implementation requires ownership, assigned responsibilities, schedules, change management, technical follow-through, documentation, and confirmation of achieved value. A proposal has no realized value until it is adopted and executed. Weak VM programs often generate impressive workshop reports but fail during implementation because accountability, funding, decision authority, and tracking mechanisms are missing.
References/topics: Implementation Phase; Post-Workshop Activities; Value Realization.
NEW QUESTION # 46
Which type of cost is calculated for study items by multiplying the unit cost by the number of units produced per year?
Answer: B
Explanation:
The correct answer is D. Annualized costs . In VM cost analysis, when a study item has a known unit cost and a known annual production quantity , multiplying the two gives the cost impact over one year. That makes the result an annualized cost , because the calculation converts a per-unit value into a yearly cost basis.
This distinction is important in manufacturing or repetitive-process VM studies. A component may appear inexpensive on a unit basis, but if it is used thousands or millions of times per year, its annualized cost may become a major value-improvement target. SAVE's VM Glossary defines cost as the monetary valuation of resources consumed in the production or delivery of a project, product, or process, and it also recognizes annualized cost as a cost expression used in life-cycle cost measurement. ( ) Option A, total costs , is too broad because it may include many cost categories and periods. Option B, life- cycle costs , covers acquisition, operation, maintenance, replacement, and disposal over time. Option C, incremental unit costs , concerns the cost of an additional unit, not annual volume impact.
References/topics: Information Phase; Cost Data; Cost Modeling; Annualized Costs; Manufacturing Study Items.
NEW QUESTION # 47
During the Presentation Phase, the team leader should primarily do which of the following?
Answer: C
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 # 48
Function analysis is used to
Choose 2 answers.
Answer: B,D
Explanation:
The correct answers are A and B . Function Analysis is used to give the VM team a clearer and often new understanding of the project by describing the project in terms of what it must do , rather than what it currently is . The SAVE International Study Guide identifies Function Analysis as the foundation of Value Methodology and states that functions are identified to describe the work being performed within the study scope. It also explains that functions are expressed through active verb and measurable noun pairings, which supports clear thinking and a shared understanding of functional requirements. ( ) Function Analysis is also used to identify improvements . After defining and naming project functions, the team reviews them to determine which functions may be inefficient, over-costly, or suitable for improvement.
The Study Guide further explains that this process allows the team to identify where value improvement opportunities exist in the project. ( ) Creating a collaborative environment is more broadly related to facilitation and team dynamics, not the primary purpose of function analysis. Assisting only individuals with a technical background is incorrect because VM is multidisciplinary.
References/topics: Function Analysis Phase; Function Definition; Functional Requirements; Value Improvement Opportunities; FAST/Function Modeling.
NEW QUESTION # 49
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