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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Value Methodology Job Plan | 30% | - Information phase - Evaluation phase - Preparation phase - Function analysis phase - Creative phase - Development phase - Presentation and implementation phase |
| Topic 2: Value Methodology Principles and Concepts | 25% | - Value index, function and cost relationship - Origins, development and application scope of Value Methodology - Definition and core concepts of Value |
| Topic 3: Standards, Ethics and Application | 10% | - SAVE International standards and guidelines - Professional ethics and responsibilities - Application in different industries and sectors |
| Topic 4: Tools and Techniques | 20% | - Decision-making and evaluation tools - Cost analysis and worth assessment - Function analysis system technique (FAST) - Creative thinking and idea generation methods |
| Topic 5: Leadership and Facilitation | 15% | - Leading value study teams - Workshop facilitation skills - Stakeholder management and communication |
1. Which of the following actions would be appropriate to effectively report lessons learned for a VM program?
Choose 2 answers.
A) Create a summarized report of lessons learned and share it with the project team.
B) Store the lessons learned report in a digital folder without any further distribution.
C) Schedule a meeting with the team to discuss the lessons learned and how they can be applied in future projects.
D) Ignore the lessons learned discussion since the last project was successful.
2. Match each Phase with its correct question:
3. What should the VM facilitator consider for the title of a VM proposal?
Choose 2 answers.
A) Using general non-specific jargon
B) Using specific technical language
C) Framing the title to help sell the concept
D) Using a concise description of the proposal
4. Which of the following are techniques the VM facilitator might use for a VM study team that is having difficulty completing the FAST diagram?
Choose 2 answers.
A) Reorganize the functions for the VM study team
B) Review level of abstraction
C) Ask the VM study team if a function is missing
D) Make sure all identified functions are used
5. The left project scope line is located between the
A) Subject objectives and all-the-time functions
B) Basic and secondary functions
C) Secondary and lower order functions
D) Higher order and basic functions
Solutions:
| Question # 1 Answer: A,C | Question # 2 Answer: Only visible for members | Question # 3 Answer: C,D | Question # 4 Answer: B,C | Question # 5 Answer: D |
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