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| Section | Objectives |
|---|---|
| Topic 1: Value Methodology Core Competencies | - VM Study Execution and Team Management - Value Methodology Job Plan Application - Value Concept
- Function Analysis - Value Methodology Foundations
|
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NEW QUESTION # 91
Which of the following are typically documented in the "accepted" VM proposal status report?
Choose 3 answers.
Answer: A,B,D
Explanation:
The correct answers are A. Next update, D. Tracking identification number, and E. Performance impacts . In the Implementation Phase, accepted VM proposals must be tracked so that the organization can confirm whether the approved value improvement is actually being carried into execution. The VM Guide explains that implementation status reports formally document and track the status of VM proposals and are used by VM program managers to follow implementation progress. It specifically identifies a tracking identification number as the code used to track the change within the organization, and it also requires discussion of performance impacts , including any deviation from the VM team's original performance assessment. ( pdfcoffee.com ) A next update is also appropriate because implementation status reporting is not a one-time record; it is a continuing control mechanism. The guide identifies "Next update" as the date of the next implementation status update. ( pdfcoffee.com ) Option C is incorrect because the VM study presentation is an input used earlier to resolve proposals, not a documented element of an accepted proposal status report. Option B is administrative and may appear in some organizations, but the essential accepted-proposal tracking content focuses on traceability, implementation follow-up, and validated impacts.
References/topics: Implementation Phase; Implementation Status Reports; Accepted VM Proposals; Tracking Identification Number; Performance Impacts; Next Update.
NEW QUESTION # 92
Which of the following considerations should be included in the Implementation Plan for each of the accepted VM proposals?
Choose 3 answers.
Answer: C,D,E
Explanation:
The correct answers are A, B, and C . An implementation plan for accepted VM proposals must translate approved recommendations into executable action. Therefore, it must identify the implementation costs , the responsible parties , and the schedule for completing the required activities. The SAVE Value Methodology Standard states that during proposal development, the team prepares implementation requirements, including estimated initial costs, life-cycle costs, and implementation costs , while accounting for risk and uncertainty.
It also requires technical data to identify schedule impact. ( UW Courses ) The same Standard further specifies that the implementation plan should include the proposed schedule of all implementation activities, team assignments, and management requirements. This directly supports responsibility and schedule as required plan elements. ( UW Courses ) In the Implementation/Post-Study activity, assignments may be made to VM team members or to other individuals designated by management, so the key requirement is not generic "VM Team involvement" but clear accountability. ( UW Courses )
"New proposals" are not part of the implementation plan for already accepted proposals; they would belong to a new study cycle or further development.
References/topics: Implementation Phase; Development Phase; Implementation Plan; Accepted VM Proposals; Responsibility Assignment; Schedule and Cost Requirements.
NEW QUESTION # 93
The project team expresses uncertainty about how their tasks align with the overall objectives of the VM Job Plan. What steps should the VM facilitator take to enhance understanding of the VM Job Plan?
Choose 2 answers.
Answer: C,D
Explanation:
The correct answers are A and B . The issue in the scenario is not lack of a deadline; it is lack of shared understanding of how individual responsibilities support the VM Job Plan. SAVE describes Value Methodology as a multidisciplinary team process used to improve project value through function analysis, and the VM Standard requires the Value Study Team to include experienced professionals and project stakeholders selected for their expertise and project experience. Therefore, pairing project and VM team members for deeper role discussion is appropriate because it builds cross-functional understanding, clarifies responsibilities, and improves team integration.
Option B is also correct because the facilitator should actively guide discussion so team members understand how their tasks contribute to the structured Job Plan. SAVE's Study Guide states that the Job Plan supports team synergy within a structured process rather than a collection of individual opinions, and each phase provides information and understanding needed for the next phase. SAVE's glossary also defines a facilitator as a substantively neutral person who enables the group to improve problem solving, decision making, and effectiveness while leading the group through the VM Job Plan.
Option C is weaker because a low-interaction lecture does not address uncertainty effectively. Option D manages schedule compliance, not understanding or alignment.
References/topics: VM Facilitation; Team Dynamics; VM Job Plan; Multidisciplinary Team; Facilitator Role.
NEW QUESTION # 94
The VM Job Plan differs from the scientific method approach to problem-solving because the VM job plan
Answer: A
Explanation:
The correct answer is B. focuses on what a subject does . The key difference between the VM Job Plan and many other problem-solving methods is its deliberate emphasis on function . In Value Methodology, the team does not begin by defending the existing design, component, process, or solution. Instead, it asks what the subject must do to satisfy the required need.
SAVE's Study Guide states that Value Methodology improves value through the analysis of functions and that Function Analysis is the activity that differentiates VM from other problem-solving or improvement practices. It also explains that functions describe the work being performed within the study scope using active verb and measurable noun pairings. ( ) Option A is incorrect because VM still requires adequate information during the Information Phase. Option C is incorrect because VM does not reduce analysis; it structures analysis through the Job Plan. Option D describes the scientific method more closely because hypothesis development and testing are central to scientific inquiry. The VM Job Plan is function-based: it defines, analyzes, creatively improves, evaluates, develops, and presents alternatives that better perform required functions. SAVE's VM Standard also confirms that Function Analysis defines project functions and identifies which functions require improvement, elimination, or creation. ( ) References/topics: Value Methodology and Job Plan; Function Analysis Phase; Function-Based Thinking; Active Verb/Measurable Noun; VM vs Scientific Method.
NEW QUESTION # 95
Which statement best describes the Implementation Phase?
Answer: A
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 # 96
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