A VM study report is the formal documentation of the value study process, findings, alternatives, and supporting rationale. The correct inclusions are workshop agenda and team members , summary of the VM Job Plan , and the ideas generated with their evaluation . The SAVE VM Standard identifies the Job Plan as the structured framework for a valid study, and the Presentation Phase requires the team leader or facilitator to develop a report and/or presentation that documents and conveys the alternatives and value improvement opportunity. ( cdn..com )

A report should therefore preserve the administrative record of the study, including agenda, attendance, team composition, and study process. It should also summarize how the Job Plan was followed, because the Job Plan is the disciplined sequence that gives the study validity. The creative and evaluation outputs are also reportable because ideas are generated in the Creative Phase and then screened through a structured Evaluation Phase to identify value-improvement potential.

Design plans and specifications are source information used during preparation/information gathering, but they are not normally reproduced as core VM study-report content. The VM presentation may be related to the report, but it is not the best answer as a typical internal report section.

References/topics: Presentation Phase; VM Study Report; VM Job Plan; Creative Phase; Evaluation Phase; Study Documentation.