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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Tools and Techniques | 20% | - Cost analysis and worth assessment - Function analysis system technique (FAST) - Decision-making and evaluation tools - Creative thinking and idea generation methods |
| Topic 2: Leadership and Facilitation | 15% | - Workshop facilitation skills - Leading value study teams - Stakeholder management and communication |
| Topic 3: 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 |
| Topic 4: Standards, Ethics and Application | 10% | - SAVE International standards and guidelines - Application in different industries and sectors - Professional ethics and responsibilities |
| Topic 5: Value Methodology Job Plan | 30% | - Preparation phase - Presentation and implementation phase - Development phase - Creative phase - Information phase - Function analysis phase - Evaluation phase |
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128. Frage
Which of the following are the outputs of the Presentation Phase?
Choose 2 answers.
Antwort: C,D
Begründung:
The correct answers are C and D . The Presentation Phase is where the VM facilitator and study team formally communicate the conclusions of the VM study to decision makers. SAVE's VM Standard Reference states that, in this phase, the facilitator develops a report and/or presentation that documents and conveys the conclusions and results of the VM study.
Therefore, the VM study report is a direct output of the Presentation Phase. It records the developed value alternatives, supporting analysis, cost/performance implications, and the basis for management review. The list of VM proposals and results is also an output because decision makers must understand what proposals were generated, what benefits they offer, and what outcomes or decisions are associated with them.
Option A, list of participants, may appear in a report appendix or study record, but it is not a primary Presentation Phase output. Option B is incorrect because scheduling the VM presentation is a planning
/logistics activity, not an output of the phase. The phase produces documented results and communicates VM proposals for decision and follow-up.
References/topics: Presentation Phase; VM Study Report; VM Proposals; Study Results; VM Job Plan.
129. Frage
In a function, the noun can be:
Antwort: B
Begründung:
The correct answer is C. quantitative or qualitative . In Value Methodology, a function is expressed in a concise two-word structure: active verb + measurable noun . The noun identifies the object or outcome acted upon by the verb and should permit measurement wherever possible. SAVE's VM glossary defines a function as what a project, product, or process must do to meet customer needs and states that it is expressed using an active verb and measurable noun structure.
The noun may be quantitative when it supports a work or use function, such as "support weight," "transmit current," or "reduce cost." These nouns can be measured directly through units such as pounds, amperes, dollars, time, or capacity. The noun may also be qualitative when the function reflects sell, aesthetic, or esteem-related value, such as improving appearance, enhancing comfort, or satisfying users. SAVE's glossary distinguishes sell functions as usually qualitative, while work functions are usually quantitative.
Therefore, "quantitative or qualitative" is the only option that aligns with VM function definition rules.
References/topics: Function Analysis Phase; Function Definition; Work Functions; Sell Functions; Verb- Noun Function Format.
I can't select answers for a live timed certification exam.
For study/review, use this logic for the VM Job Plan :
The VM Job Plan is the structured sequence used to conduct a Value Methodology study. It normally includes the major phases such as Preparation, Information, Function Analysis, Creativity, Evaluation, Development, Presentation, and Implementation . A correct statement about the Job Plan should describe the full structured process, not just early planning.
Also, VM is not limited to financial savings. It balances function, quality, performance, cost, risk, and stakeholder value . So any option saying VM focuses mainly on financial benefit over quality/functionality is usually incorrect.
Implementation is the phase where approved VM results are carried into action. Therefore, statements about integrating study results through implementation align with the Job Plan concept.
Main topic: Value Methodology and Job Plan .
130. Frage
Place the process flow chart for the Function Performance Specification in the correct order.
Antwort:
Begründung:
Explanation:
Need # Function # Specific Requirement # Product
The correct order is Need # Function # Specific Requirement # Product . This is the exact logic of the Function Performance Specification process. The VM Guide figure for Function Performance Specification shows the sequence as "Need Function Specific Requirement Product" , where a user need is translated into a function, then into measurable requirements, and finally into a product solution.
The sequence is important because Value Methodology begins with the user's need or desire , not with a predetermined product. After the need is understood, the VM team defines the function that satisfies that need, normally in active verb/measurable noun format. SAVE's study-guide material explains that work functions are quantitative and stated using an active verb and measurable noun. The next step is the specific requirement , where the function is converted into measurable performance or quality criteria, such as assessment criteria, level, and flexibility. Only after the need, function, and requirement are clear should the team identify the product , which is the solution provided to satisfy the defined need. Starting with "Product" would be a classic VM error because it locks the team into a solution before understanding function.
References/topics: Function Analysis Phase; Function Performance Specification; Need; Function; Specific Requirement; Product; Performance Criteria.
131. Frage
How should the VM facilitator handle "conditionally accepted" VM proposals?
Choose 2 answers.
Antwort: B,C
Begründung:
A conditionally accepted VM proposal is not fully approved yet. It means the decision makers see value in the proposal, but acceptance depends on certain changes, clarifications, added data, or further review. Therefore, the facilitator should first identify the modifications required for acceptance . This creates a clear action path and prevents the proposal from being wrongly recorded as fully approved.
The facilitator should also ask decision makers for the timing of the final decision . In VM reporting and implementation follow-up, unresolved proposals must have ownership, required actions, and a decision schedule. Without a timing commitment, conditionally accepted proposals can remain open and lose implementation momentum.
Option B is incorrect because a conditionally accepted proposal is not the same as an accepted proposal.
Listing it as accepted would misrepresent the decision status. Option D is weaker because the facilitator should not merely list deficiencies; the correct VM approach is to convert concerns into specific required modifications and next steps.
References/topics: Presentation Phase; Decision Documentation; Proposal Disposition; Implementation Planning; VM Facilitator Responsibilities.
132. Frage
When a higher discount rate is used to calculate life cycle costs, which change occurs to the value of money over time?
Antwort: A
Begründung:
The correct answer is D. The life cycle cost is reduced . In Value Methodology, life cycle cost analysis is used to compare alternatives over the full ownership period, not just by initial cost. Future costs such as operation, maintenance, replacement, repair, and disposal are converted to present value using a discount rate. When the discount rate is higher, future costs are discounted more heavily, meaning their present value becomes smaller.
This does not mean the actual future cash payment disappears; it means that, in present-value terms, money spent in the future is worth less today. Therefore, increasing the discount rate reduces the present value of future cost streams and normally lowers the calculated present-value life cycle cost, especially for alternatives with large costs occurring later in the study period.
Option A is incorrect because discounting is essential when costs occur at different times. Option B is incorrect because changing the discount rate directly changes present-value calculations. Option C is incorrect because a higher discount rate does not increase the present value of future costs; it reduces them.
References/topics: Development Phase; Life Cycle Costing; Economic Analysis; Present Value; Discount Rate; VM Proposal Development.
133. Frage
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