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| Section | Objectives |
|---|---|
| Job Plan Phases | - Development Phase
|
| Professional Practice Requirements | - Project documentation and reporting - Value study facilitation |
| Value Methodology Overview | - Principles of Value Engineering / Value Analysis
|
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NEW QUESTION # 14
Which of the following actions would be appropriate to effectively report lessons learned for a VM program?
Choose 2 answers.
Answer: A,D
Explanation:
The correct answers are A and C . In a VM Program, lessons learned should be captured, communicated, and converted into practical improvement for future value studies. Creating a summarized report and sharing it with the project team is appropriate because it records what worked, what did not work, what assumptions changed, what facilitation issues occurred, and what implementation barriers or success factors were observed.
Scheduling a team meeting is also appropriate because lessons learned are most useful when discussed, validated, and connected to future application. SAVE's VM Job Plan identifies Post-Study activity as completing changes, implementing changes, and monitoring status, with the objective of assuring implementation of approved recommendations. ( courses.washington.edu ) A lessons-learned review supports that same control mindset by improving future VM planning, team selection, facilitation, proposal development, and implementation follow-through.
Option B is weak because storing a report without distribution does not transfer knowledge. Option D is incorrect because successful projects still produce valuable positive lessons that should be repeated.
References/topics: VM Programs; Post-Study Activities; Lessons Learned; Knowledge Transfer; Continuous Improvement; VM Program Management.
NEW QUESTION # 15
Subject information:
Service Life = 12 years
Fuel = $9.00 per liter
Annual kilometers driven = 40,000 kilometers
Car A: Paid $40,000 , needs batteries every two years at $600 , needs tires every two years at $1,000 , fuel efficiency = 10 kilometers per liter .
Car B: Paid $50,000 , needs tires every two years at $2,000 , fuel efficiency = 15 kilometer per liter .
Car C: Paid $60,000 , needs tires every two years at $4,000 , fuel efficiency = 20 kilometer per liter .
What is the annual cost for Car C for the service life of the vehicle?
Answer: C
Explanation:
The correct answer is B. $216,000 . The question is asking for the annual operating cost for Car C across the full 12-year service life , not the one-year annual fuel cost alone. In life-cycle cost analysis, SAVE defines life-cycle cost as the sum of initial cost, recurrent annual cost, single expenditures, and disposal cost or salvage value over a specified period. It also defines recurrent annual cost as the operation and maintenance cost that occurs throughout each year of service life.
For Car C , annual fuel use is calculated from the annual driving distance and fuel efficiency:
40,000 km per year ÷ 20 km per liter = 2,000 liters per year
Fuel costs $9.00 per liter , so the annual fuel cost is:
2,000 liters × $9 = $18,000 per year
The service life is 12 years , so the annual cost over the service life is:
$18,000 × 12 years = $216,000
Option A. $18,000 is only the annual cost for one year. Option C. $198,000 has no valid basis from the stated data. Option D. $36,000 would match neither Car C's annual fuel use nor its service-life total. Tire replacement cost is excluded because the question asks for annual cost, not repair and replacement cost.
References/topics: Evaluation Phase; Life-Cycle Cost; Recurrent Annual Cost; Fuel Operating Cost; Service Life Costing.
NEW QUESTION # 16
A VM study team member determined that the VM proposal will not meet the goals of the study subject.
What should the VM facilitator do?
Choose 2 answers.
Answer: B,D
Explanation:
The correct answers are A and B . During the Development Phase , a VM proposal must be sufficiently developed to demonstrate that it supports the study objectives, required functions, performance expectations, constraints, risks, and value improvement goals. If a team member determines that a proposal will not meet the goals of the study subject, the facilitator should not simply discard it without traceability. The proper action is to document the reasons the proposal does not meet the goals. This preserves the analytical basis for the decision and shows that the alternative was considered objectively rather than rejected informally.
The facilitator should also review the results with stakeholders because the proposal may affect owner requirements, scope intent, user expectations, cost targets, or implementation priorities. Stakeholder review confirms whether the proposal should be revised, deferred, combined with another alternative, or formally eliminated.
Option C is incorrect because completing a proposal that is already known not to meet study goals wastes team effort unless stakeholders specifically redirect the team. Option D is incorrect because disregarding the proposal without documentation violates disciplined VM practice and weakens decision transparency.
References/topics: Development Phase; VM Proposal Development; Stakeholder Review; Value Alternative Validation; Documentation of Rejected Alternatives.
NEW QUESTION # 17
Which of the following support an organization in lessons learned from a VM study?
Choose 2 answers.
Answer: B,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 # 18
Which of the following are key considerations when selecting an in-person meeting room?
Choose 4 answers.
Answer: A,C,D,F
Explanation:
The correct answers are C, D, E, and F . Selecting an in-person VM workshop room is a Preparation Phase responsibility because the facilitator must create conditions that support team interaction, visible work products, and uninterrupted execution of the Job Plan. The SAVE Study Guide identifies Pre-Workshop activities as planning and organizing the Value Study, including determining "study dates, times, location and other logistical needs." ( ) It also emphasizes that the VM Job Plan supports team synergy through a structured process, not isolated individual opinions. ( ) A U-shaped table arrangement supports facilitation because participants can see one another, engage in discussion, and view flip charts or projected material. Availability for the full workshop duration is essential because the Study Guide notes that sufficient time must be allotted to apply the VM process and document findings; losing the room interrupts phase continuity. ( ) Windows and wall space matter because VM workshops rely heavily on posted functions, FAST diagrams, idea lists, evaluation matrices, and proposal development materials. Temperature controls are also important because an uncomfortable environment reduces concentration and participation during long workshop sessions. Chair comfort and site proximity may be useful, but they are secondary compared with room layout, uninterrupted access, display/workspace, and environmental control.
References/topics: Preparation Phase; Pre-Workshop Logistics; VM Facilitation; Workshop Environment; Team Dynamics.
NEW QUESTION # 19
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