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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Standards, Ethics and Application | 10% | - Professional ethics and responsibilities - SAVE International standards and guidelines - Application in different industries and sectors |
| Topic 2: Value Methodology Job Plan | 30% | - Presentation and implementation phase - Preparation phase - Creative phase - Development phase - Information phase - Function analysis phase - Evaluation phase |
| Topic 3: Value Methodology Principles and Concepts | 25% | - Definition and core concepts of Value - Value index, function and cost relationship - Origins, development and application scope of Value Methodology |
| Topic 4: Leadership and Facilitation | 15% | - Stakeholder management and communication - Workshop facilitation skills - Leading value study teams |
| Topic 5: Tools and Techniques | 20% | - Function analysis system technique (FAST) - Decision-making and evaluation tools - Cost analysis and worth assessment - Creative thinking and idea generation methods |
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NEW QUESTION # 56
What reviews should be conducted during the development of VM proposals?
Choose 2 answers.
Answer: A,B
Explanation:
The correct answers are B and C . During the Development Phase , selected ideas are converted into workable VM proposals. This phase requires disciplined review because recommendations must be technically sound, cost-supported, practical, and aligned with project objectives. All VM study team members should review the proposals because VM is a team-based methodology. The proposal must reflect multidisciplinary input, including function, cost, performance, risk, schedule, constructability, operations, and implementation concerns. A proposal developed or checked by only one person may miss critical impacts.
A midpoint review with stakeholders is also appropriate. Stakeholder review helps confirm that the developing proposals are moving in a useful direction before the team spends additional time preparing final recommendations. It allows early correction of misunderstandings, validation of assumptions, and identification of acceptance issues. This improves the quality and credibility of the final presentation.
Option A is incorrect because controversial proposals should not be discarded automatically. They should be analyzed objectively if they improve value. Option D is incorrect because the facilitator guides the process but does not serve as the sole technical reviewer.
References/topics: Development Phase; VM Proposal Development; Team Review; Stakeholder Review; Value Study Process; Proposal Validation.
NEW QUESTION # 57
Which of the following are reasons why the VM facilitator and VM study team members should participate in the Implementation Meeting?
Choose 3 answers
Answer: A,D,E
Explanation:
The correct answers are A, C, and E . The Implementation Meeting is not merely another presentation session; it is the point where management and the project team review the preliminary VM report, determine the disposition of each value alternative, establish action plans for accepted alternatives, obtain implementation commitments, and set timeframes for review and implementation. ( ) The VM facilitator and study team members should participate because they understand the technical basis, assumptions, cost comparisons, performance effects, and risk considerations behind the proposals. Therefore, they are needed to answer cost-impact questions , because accepted alternatives often depend on capital cost, operating cost, life-cycle cost, and implementation-cost implications. They are also needed to respond to technical questions , since the proposal write-ups include descriptions, sketches, assumptions, calculations, vendor information, performance data, and possible negative factors. ( ) They should also address the level of effort required for implementation , because implementation requires action steps, responsibilities, timing, resources, and follow-through. Option B is less appropriate because formal presentation occurs in the Presentation Phase. Option D is not the main purpose; the meeting disposes developed value alternatives, not creates a new set of alternative proposals.
References/topics: Implementation Phase; Implementation Meeting; Disposition of Value Alternatives; Cost Impact; Technical Clarification; Implementation Effort.
NEW QUESTION # 58
Which of the following are fine filter actions a VM study team can take to evaluate ideas?
Choose 2 answers.
Answer: B,C
Explanation:
The correct answers are A and C . In the Evaluation Phase , the VM team moves from broad creative idea generation into structured judgment. SAVE's VM guidance identifies the Evaluation Phase as the point where ideas from the Creative Phase are synthesized, sorted, rated, ranked, and selected for development using previously established evaluation criteria. It also identifies fine filter activity as detailed evaluation, not a quick vote or informal reaction. ( courses.washington.edu ) A SWOT analysis for each idea is a fine filter action because it examines strengths, weaknesses, opportunities, and threats in a structured way. This supports deeper evaluation of feasibility, risk, benefits, constraints, and implementation exposure. Aligning each idea with the subject study goals is also correct because fine filtering must test whether an idea supports the agreed VM study objectives, user/customer needs, performance expectations, and value targets.
Option B is incorrect because feedback without discussion is closer to simple screening and does not represent detailed evaluation. Option D is too narrow because VM does not rank ideas only by estimated cost; value requires consideration of function, performance, quality, risk, time, and overall benefit.
References/topics: Evaluation Phase; Fine Filter; Evaluation Criteria; Idea Screening; VM Study Goals.
NEW QUESTION # 59
When facilitating a VM study team without experience with function analysis, which of the following are effective methods to introduce the topic?
Choose 2 answers.
Answer: A,B
Explanation:
The correct answers are B and C . When a VM study team has little or no experience with function analysis, the facilitator should introduce the concept through simple demonstration and participative learning. SAVE guidance identifies Function Analysis as the foundation of Value Methodology and explains that functions are expressed in two-word active verb / measurable noun form to describe what work is being performed. ( ) Showing an example of function analysis helps the team see how physical items are translated into functional language before applying the method to the study subject.
Having the team identify functions of items in the room is also effective because it creates a low-risk practice exercise. The SAVE study material provides simple item-based examples such as a table performing "Support Weight" and a screwdriver performing "Transmit Torque," which directly supports this teaching approach. ( ) This builds confidence before moving to more complex project functions.
Option A is not preferred because preparing the FAST diagram in advance removes team discovery, ownership, and consensus-building. Option D is incorrect because functions must first be identified before they can be classified, analyzed, or evaluated; function analysis is defined as the process of defining, classifying, and evaluating functions. ( ) References/topics: VM Facilitation; Team Learning; Function Analysis Phase; Function Identification; FAST Introduction.
NEW QUESTION # 60
What should the VM facilitator primarily consider when guiding discussion on which VM proposals to present when time is limited?
Choose 2 answers.
Answer: A,C
Explanation:
The correct answers are A. Proposals that provide the greatest benefit and B. The relative risk of each proposal . During the Presentation Phase, the VM team must communicate recommendations that are strong enough to justify management action. SAVE's VM guidance states that developed alternatives should include cost, performance data, implementation cost, and consideration of risk and uncertainty . It also identifies performance benefit analysis as part of developing alternatives before presentation. ( UW Courses ) When time is limited, the facilitator should guide the team toward proposals with the highest value contribution, not simply the easiest or cheapest ideas. A proposal with the greatest benefit is most aligned with VM's purpose: improving value by achieving required functions more effectively. Risk is also essential because decision makers must understand whether the recommendation is practical, credible, and acceptable for implementation.
Option C may be attractive, but ease of implementation alone does not prove high value. Option D is incorrect because low cost impact may produce limited value improvement and may not justify presentation priority.
The Presentation Phase seeks concurrence and commitment from decision makers to proceed with implementation of recommendations. ( UW Courses ) References/topics: Presentation Phase; Development Phase; VM Proposal Selection; Risk and Uncertainty; Performance Benefit Analysis.
NEW QUESTION # 61
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