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Pass the SAVE International Value Methodology CVS Questions and answers with CertsForce

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Questions # 21:

There is resistance to a new VM program in an organization. What should a VM program coordinator focus on to increase acceptance of VM?

Options:

A.

Explain the difference between VM and other value-improving programs (TRIZ, Lean 6-Sigma, etc.)


B.

Highlight that there are many areas with deficiencies that will be improved by VM.


C.

Prepare a memo for the CEO to sign that requires staff to incorporate VM in all departments.


D.

Identify a few subjects that would benefit from change and recommend a VM study through dialogue with staff.


Expert Solution
Questions # 22:

SMART stands for

Options:

A.

Specific, Measureable, Attainable, Reasonable, and Timebound.


B.

Specific, Measureable, Accountable, Relevant, and Timebound.


C.

Standards, Measureable, Attainable, Relevant, and Timebound.


D.

Standards, Measureable, Accountable, Relevant, and Timebound.


E.

Standards, Measureable, Attainable, Reasonable, and Timebound.


F.

Specific, Measureable, Attainable, Relevant, and Timebound.


Expert Solution
Questions # 23:

Which of the following play a part in effective VM Facilitation?

Choose 3 answers.

Options:

A.

Recognizing disruptive behavior is personal


B.

Belief in the group and its possibilities


C.

Familiarity of facilitation concepts and methods


D.

Practiced ability to plan appropriate group processes


E.

Technical knowledge in the subject area


Expert Solution
Questions # 24:

Which of the following are reasons why the VM facilitator and VM study team members should participate in the Implementation Meeting?

Choose 3 answers

Options:

A.

To answer questions about the cost impact


B.

To present the VM proposals


C.

To respond to technical questions about the VM proposals


D.

To address alternative VM proposals


E.

To address the level of effort required for implementation


Expert Solution
Questions # 25:

What is the role of the designer during the Information Phase?

Options:

A.

Define expectations


B.

Identify VM study team members


C.

Identify functions


D.

Describe the project


Expert Solution
Questions # 26:

Which statement best describes a FAST diagram?

Options:

A.

A schedule network used to calculate project float


B.

A graphical model showing dependent relationships among functions


C.

A cost spreadsheet used to calculate inflation


D.

A procurement chart showing supplier lead times


Expert Solution
Questions # 27:

Which of the following are common change drivers?

Choose 3 answers

Options:

A.

Organizational culture


B.

Maintaining habits


C.

Technological evolution


D.

Process reviews


E.

Crises


Expert Solution
Questions # 28:

Function analysis is used to

Choose 2 answers.

Options:

A.

provide a new understanding of the project.


B.

identify improvements.


C.

create a collaborative environment.


D.

assist individuals with a technical background.


Expert Solution
Questions # 29:

The decision-makers agreed to implement a VM proposal requiring an organizational change. What should be done to improve success?

Choose 2 answers.

Options:

A.

Encourage participation by those affected by the change


B.

Strictly define the implementation plan


C.

Hire a change management consultant


D.

Appoint an oversight committee


Expert Solution
Questions # 30:

At a VM study implementation meeting the VM facilitator is asked to make a five-minute presentation. The presentation should

Options:

A.

focus on the VM study job plan.


B.

explain how the Value Methodology works.


C.

highlight the strengths of each VM team member.


D.

demonstrate that the VM team understood objectives of the VM study.


Expert Solution
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