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| Section | Weight | Objectives |
|---|---|---|
| Standards, Ethics and Application | 10% | - Application in different industries and sectors - Professional ethics and responsibilities - SAVE International standards and guidelines |
| Tools and Techniques | 20% | - Creative thinking and idea generation methods - Function analysis system technique (FAST) - Decision-making and evaluation tools - Cost analysis and worth assessment |
| Value Methodology Job Plan | 30% | - Development phase - Function analysis phase - Evaluation phase - Creative phase - Preparation phase - Presentation and implementation phase - Information phase |
| Value Methodology Principles and Concepts | 25% | - Origins, development and application scope of Value Methodology - Value index, function and cost relationship - Definition and core concepts of Value |
| Leadership and Facilitation | 15% | - Workshop facilitation skills - Stakeholder management and communication - Leading value study teams |
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NEW QUESTION # 124
Which of the following should be considered when preparing the VM study report?
Choose 3 answers.
Answer: B,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 # 125
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 # 126
A FAST diagram is used to
Choose 3 answers.
Answer: B,C,E
Explanation:
The correct answers are B, C, and D . In the Function Analysis Phase, the FAST diagram is used as a function- logic model, not as an activity schedule or work-sequence chart. The VM Guide describes FAST, or Function Analysis System Technique, as one of the most effective methods for classifying and organizing functions and as a powerful diagramming technique for analyzing the relationship of functions . It specifically states that FAST diagrams are used to show the specific relationships of functions, test the validity of functions under study, and help identify missing functions. ( pdfcoffee.com ) Therefore, C is correct because FAST visually illustrates how functions relate through How/Why logic. B is correct because the diagram tests whether identified functions are valid within the functional logic path. D is correct because gaps in the How/Why logic expose missing functions.
Option A is not the best answer because FAST does not primarily identify a chronological sequence of functions. Option E is incorrect because FAST focuses on functions, not required activities or tasks.
References/topics: Function Analysis Phase; FAST Diagramming; Function Logic; Missing Functions; Validity of Functions.
NEW QUESTION # 127
In VM, the basic function of a product, project, or process answers which question?
Answer: B
Explanation:
The correct answer is A . The basic function is the essential purpose for which the project, product, or process exists. SAVE's dictionary defines the basic function as the specific purpose for which the subject exists and states that it answers, "What must it do?" This is one of the most important concepts in the CVS exam because the basic function anchors function analysis, FAST diagramming, creativity, and evaluation.
Option B is incorrect because cost is a resource measure, not the basic function itself. Cost becomes meaningful only when compared with function, worth, performance, and user need. Option C is irrelevant to function. Option D may matter in procurement or schedule evaluation, but it does not define why the subject exists. A team that fails to identify the basic function often becomes trapped by existing design assumptions.
For example, a wall may be assumed necessary, but the basic function might be "separate spaces," which could be achieved by many alternatives. Function abstraction is the discipline that opens the door to value improvement.
References/topics: Basic Function; Function Classification; Function Analysis Phase.
NEW QUESTION # 128
A team wants to skip Function Analysis because the design solution already appears obvious. What is the best CVS-level response?
Answer: A
Explanation:
The correct answer is C . Function Analysis is not an optional administrative exercise. SAVE's VM Standard states that, for a study to qualify as a Value Study, the team must follow an organized Job Plan and perform Function Analysis as defined in the standard. It also states that the team defines functions using active verb
/measurable noun language and analyzes them to determine which need improvement, elimination, or creation.
Option A is wrong because expert confidence does not replace the VM process. Experts are valuable, but they often carry design bias. Option B destroys the logic of the Job Plan because Development should refine selected ideas, not bypass function understanding. Option D may provide useful cost intelligence, but benchmarking does not identify required functions or function relationships. The disciplined CVS answer is that Function Analysis protects the team from solution fixation. It reveals what must be accomplished, which functions consume resources, and where value mismatches exist. Skipping it reduces VM to ordinary design review.
References/topics: Function Analysis Phase; Valid Value Study; VM Job Plan Discipline.
NEW QUESTION # 129
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