In which phases of the VM Job Plan does the VM study team use convergent thinking?
Creativity, Evaluation, Development
Information, Function Analysis, Creativity
Evaluation, Development, Presentation
Function Analysis, Creativity, Evaluation
The Value Methodology (VM) Job Plan leverages both divergent and convergent thinking, as taught in the VMF 1 course (Core Competency #3: Value Methodology Job Plan). According to SAVE International’s Value Methodology Standard, “convergent thinking is used to narrow down and refine ideas, focusing on analysis, selection, and implementation, while divergent thinking generates a wide range of ideas.” The VM Job Plan’s six phases are: Information, Function Analysis, Creativity, Evaluation, Development, and Presentation. Convergent thinking is applied in:
Evaluation Phase: The team narrows down ideas using filters (Coarse, Medium, Fine, as in Question 33) and evaluation matrices, selecting the best ones.
Development Phase: The team refines selected ideas into actionable proposals, focusing on feasibility and cost.
Presentation Phase: The team consolidates proposals into a final recommendation, ensuring clarity and alignment with stakeholder needs.
Divergent thinking is primarily used in the Creativity Phase, while Information and Function Analysis involve analytical thinking but not necessarily convergent thinking in the same sense (they focus on understanding and defining, not narrowing down).
Option A (Creativity, Evaluation, Development) is incorrect because Creativity uses divergent thinking, not convergent.
Option B (Information, Function Analysis, Creativity) is incorrect because none of these phases primarily use convergent thinking; Creativity is divergent.
Option C (Evaluation, Development, Presentation) is correct, as these phases involve convergent thinking to narrow down, refine, and finalize ideas.
Option D (Function Analysis, Creativity, Evaluation) is incorrect because Function Analysis and Creativity do not primarily use convergent thinking.
Identify which are key data used to transform information for a product value study:
Flow diagrams, latest cost estimate, labor reports, drawings, site plan, regulatory requirements
Customer requirements, overhead cost, competitive analysis, sample components, packaging requirements, warranty information
Design objectives, original cost estimate, drawings, specifications, resource models, customer demographics
Customer demographics, overhead cost, drawings, competitive analysis, sample components, labor reports
The Information Phase of the Value Methodology (VM) Job Plan involves gathering and transforming data to understand the subject of the study, as taught in the VMF 1 course (Core Competency #3: Value Methodology Job Plan). According to SAVE International’s Value Methodology Standard, “key data for a product value study typically includes design objectives, cost estimates, drawings, specifications, and resource models, which are transformed to define functions, costs, and constraints.” These data types are essential for a product-focused study (as opposed to a process or construction project), enabling the VM team to:
Understand the product’s purpose (design objectives).
Analyze costs (original cost estimate, before optimization).
Review technical details (drawings, specifications).
Assess resource use (resource models).Customer demographics may provide context but are not core to transforming information for a product value study.
Option A (Flow diagrams, latest cost estimate, labor reports, drawings, site plan, regulatory requirements): This is more suited for a process or construction project (e.g., flow diagrams, site plan), not a product value study.
Option B (Customer requirements, overhead cost, competitive analysis, sample components, packaging requirements, warranty information): While customer requirements and sample components are relevant, competitive analysis, packaging, and warranty are secondary; overhead cost is too specific and not a core data type for transformation.
Option C (Design objectives, original cost estimate, drawings, specifications, resource models, customer demographics): This is correct, as it includes the core data types for a product value study (design objectives, cost estimate, drawings, specifications, resource models), though customer demographics are less critical but acceptable as context.
Option D (Customer demographics, overhead cost, drawings, competitive analysis, sample components, labor reports): This includes less relevant data (customer demographics, competitive analysis, labor reports) and misses key items like design objectives and specifications.
Option C (Design objectives, original cost estimate, drawings, specifications, resource models, customer demographics) is correct, as it best aligns with the key data needed for a product value study.
Which of the following are ground rules of the Creativity Phase? (Choose 3 answers)
Apply the "Principle of Deferred Judgment"
Establish an ambitious goal for the number of ideas
Emphasize cost savings
Encourage "Free-Wheeling" of ideas
Emphasize quality rather than quantity
The Creativity Phase (also known as the Creative Phase) of the Value Methodology (VM) Job Plan focuses on generating a large quantity of ideas, as taught in the VMF 1 course (Core Competency #6: Creative Thinking and Idea Generation). According to SAVE International’s Value Methodology Standard, “the Creativity Phase follows ground rules to foster divergent thinking, including: applying the Principle of Deferred Judgment (no criticism of ideas), establishing an ambitious goal for the number of ideas (to maximize quantity), and encouraging ‘Free-Wheeling’ of ideas (welcoming wild or unconventional ideas).” These rules were partially addressed in Question 10, where ground rules like encouraging openness, freewheeling, and recording good ideas were confirmed, aligning with the focus on quantity over quality during this phase.
A. Apply the "Principle of Deferred Judgment": Correct, as this ensures no ideas are criticized during brainstorming, fostering creativity.
B. Establish an ambitious goal for the number of ideas: Correct, as setting a high target (e.g., 100 ideas) encourages the team to generate many ideas, focusing on quantity.
C. Emphasize cost savings: Incorrect, as cost savings are considered in the Evaluation and Development Phases, not during Creativity, where the focus is on idea generation without judgment.
D. Encourage "Free-Wheeling" of ideas: Correct, as freewheeling (allowing wild, unconventional ideas) is a standard brainstorming rule in VM to maximize creativity.
E. Emphasize quality rather than quantity: Incorrect, as the Creativity Phase prioritizes quantity over quality; quality is assessed later in the Evaluation Phase (as noted in Question 49).
"When" is represented by which of the following letters?
A
B
C
D
The diagram provided is a Function Analysis System Technique (FAST) diagram, a key tool in Value Methodology’s Function Analysis phase, as taught in the VMF 1 course (Core Competency #2). FAST diagrams map the relationships between functions of a system, with specific directions indicating the logic of the functions:
The horizontal axis represents the “how-why” logic (critical path), where moving left answers “why” and moving right answers “how.”
The vertical axis represents the “when” direction, indicating functions that occur simultaneously or continuously while the critical path functions are performed (e.g., all-the-time functions, as noted in Question 27).
According to SAVE International’s Value Methodology Standard, “in a FAST diagram, the ‘when’ direction is shown by vertical relationships, indicating functions that are concurrent or supporting the critical path.” In the diagram:
The critical path (horizontal, marked by Y in Question 3) runs from E to F to G to J to L to M to N to O.
Scope lines are labeled B (left) and D (right), as identified in Question 30.
Vertical arrows (e.g., Z in Question 3, pointing to J-K) indicate the “when” direction, showing functions that occur simultaneously with the critical path functions.
Ais a horizontal line at the bottom of the diagram, but in FAST diagramming, the vertical axis (and its bounding lines) is associated with the “when” direction. The options (A, B, C, D) include A as the bottom horizontal line, which, in some FAST diagram interpretations, can be seen as marking the boundary of the “when” direction (vertical relationships).
C(noted in Question 30) is an arrow pointing left, representing the “why” direction, not “when.”
Given the options,Ais the closest representation of the “when” direction, as it aligns with the vertical axis’s boundary, which defines the space where “when” relationships (simultaneous functions) are shown. In standard FAST diagramming, the “when” direction is vertical, and A, as the bottom horizontal line, frames the vertical space where these relationships are depicted (e.g., S, T, U, K).
Option A (A) is correct, as it represents the boundary of the vertical axis, which is associated with the “when” direction in FAST diagrams.
Option B (B) is incorrect because B is a scope line (left vertical), which defines the study’s boundary, not the “when” direction.
Option C (C) is incorrect because C is an arrow indicating the “why” direction (left), not “when.”
Option D (D) is incorrect because D is the right scope line, not related to the “when” direction.
In which costing technique is the time value of money essential?
Return on Investment
Life Cycle Cost
Simple Payback
Break-even point
Cost analysis in Value Methodology often involves financial techniques to evaluate the economic feasibility of alternatives, as taught in the VMF 1 course (Core Competency #4: Cost Analysis). According to SAVE International’s Value Methodology Standard, “the time value of money is essential in costing techniques that account for costs and benefits over time, such as Life Cycle Cost (LCC).”Life Cycle Costis defined as “the total cost of a system or product over its entire life, including acquisition, operation, maintenance, and disposal, discounted to present value using the time value of money.” The time value of money ensures that future costs and benefits are adjusted to their present value using a discount rate (as noted in Questions 6 and 7), making LCC a comprehensive method for comparing alternatives in VM studies.
Option A (Return on Investment) is incorrect because, while ROI can consider the time value of money in some calculations, it is not essential; ROI is often calculated as a simple percentage (Profit ÷ Investment).
Option B (Life Cycle Cost) is correct, as LCC inherently requires the time value of money to discount future costs to present value, ensuring a fair comparison over the project’s life.
Option C (Simple Payback) is incorrect because simple payback (as calculated in Question 26) does not account for the time value of money; it simply divides the initial investment by annual savings.
Option D (Break-even point) is incorrect because the break-even point (similar to payback) typically does not incorporate the time value of money; it focuses on the point where costs equal revenues.
Which of the following are tasks during the development of VM proposals? (Choose 3 answers)
Address technical feasibility
Assess time and schedule impacts
State the disposition of the proposal
Determine costs
Validate the proposal
The Development Phase of the Value Methodology (VM) Job Plan involves refining selected ideas into actionable proposals, as taught in the VMF 1 course (Core Competency #3: Value Methodology Job Plan). According to SAVE International’s Value Methodology Standard, “during the Development Phase, the VM team develops proposals by addressing technical feasibility, assessing time and schedule impacts, determining costs, identifying risks, and providing implementation plans.” These tasks ensure that proposals are practical, cost-effective, and ready for presentation to stakeholders.
A. Address technical feasibility: Correct, as the team must ensure the proposal can be implemented technically (e.g., does the design work?).
B. Assess time and schedule impacts: Correct, as the team evaluates how the proposal affects the project timeline (e.g., delays or accelerations).
D. Determine costs: Correct, as cost modeling is a key task (as noted in Question 9), providing stakeholders with financial impacts of the proposal.
C. State the disposition of the proposal: Incorrect, as stating the disposition (e.g., accepted, rejected) occurs after the Presentation Phase, when stakeholders decide on the proposal, not during Development.
E. Validate the proposal: Incorrect, as validation (e.g., testing or final confirmation) typically occurs during implementation or post-study, not during Development, which focuses on creating the proposal.
What function must a pen or pencil perform?
Write documents
Color surface
Mark surface
Convey message
Function Analysis in Value Methodology involves identifying and classifying functions using verb-noun combinations, as taught in the VMF 1 course (Core Competency #2). The basic function of an item is its primary purpose—what it must do to fulfill its intended use. According to SAVE International’s Value Methodology Standard, “functions should be defined in broad, measurable terms (verb-noun format) to capture the core purpose.” For a pen or pencil, the basic function is the most fundamental action it performs. A pen or pencil mustmark surface, as this captures the essential action of leaving a visible trace (e.g., ink or graphite) on a surface (e.g., paper), which is the core purpose of both tools, regardless of their specific use (writing, drawing, etc.).
Option A (Write documents) is incorrect because writing documents is a specific application, not the basic function; a pen can also draw or mark without writing a document.
Option B (Color surface) is incorrect because coloring implies adding color, which is not the primary function of a standard pen or pencil (e.g., a pencil typically uses graphite, not color).
Option C (Mark surface) is correct, as it defines the basic function of a pen or pencil in the broadest, most fundamental terms, encompassing all uses (writing, drawing, marking).
Option D (Convey message) is incorrect because conveying a message is a higher-level outcome, not the basic function; a pen can mark a surface without conveying a message (e.g., a random scribble).
The Value Methodology is:
A suggestion program to improve value.
A cost reduction exercise to improve value.
A step-by-step design review to improve value.
An eight-phase process to improve value.
Value Methodology (VM), as defined by SAVE International in the Value Methodology Fundamentals 1 (VMF 1) course, is a systematic, step-by-step approach to improve the value of a project, product, or process by optimizing the function-to-cost ratio. According to SAVE International’s Value Methodology Standard, VM is described as “a systematic and structured approach for improving projects, products, and processes… to achieve the optimum balance between function, performance, quality, safety, and cost.” The VM Job Plan, a core component of VM, involves a step-by-step process (six phases: Information, Function Analysis, Creative, Evaluation, Development, and Presentation) that can be likened to a design review because it evaluates and enhances the design or process to improve value.
Option A (suggestion program) is incorrect because VM is not merely about collecting suggestions; it is a structured methodology with defined phases and tools like function analysis.
Option B (cost reduction exercise) is incorrect because VM focuses on improving value, not just reducing costs—cost reduction may occur, but only if it does not compromise essential functions.
Option C (step-by-step design review) aligns with VM’s systematic nature, as the Job Plan reviews and improves designs or processes through structured phases, making it the best fit.
Option D (eight-phase process) is incorrect because the VM Job Plan has six phases, not eight, as established in SAVE International’s standards.
Which phase enables the VM team to select viable ideas?
Function Analysis
Presentation
Evaluation
Development
The Value Methodology (VM) Job Plan, as outlined in the VMF 1 course and SAVE International’s Value Methodology Standard, consists of six phases, one of which is the Evaluation Phase, where the VM team selects viable ideas. In the Evaluation Phase, the team assesses ideas generated during the Creative Phase to determine their feasibility, cost impact, and alignment with project goals. According to the VMF 1 Core Competency #3 (Value Methodology Job Plan), the Evaluation Phase involves “evaluating the ideas for their potential to improve value, using criteria such as cost savings, performance, quality, and feasibility, to select the most viable alternatives for further development.” Tools like weighted evaluation matrices may be used to rank ideas systematically.
Option A (Function Analysis) is incorrect because this phase focuses on identifying and analyzing functions, not selecting ideas.
Option B (Presentation) is incorrect because this phase involves communicating recommendations to stakeholders, after ideas have already been selected and developed.
Option C (Evaluation) is correct, as it is the phase where the VM team filters and selects viable ideas based on defined criteria.
Option D (Development) is incorrect because this phase involves refining selected ideas into actionable proposals, which happens after the Evaluation Phase.
Which is the correct order of steps in establishing evaluation criteria?
Identify context, define criteria, determine importance, determine range/scale
Identify context, define criteria, determine range/scale, determine importance
Define criteria, identify context, determine range/scale, determine importance
Define criteria, identify context, determine importance, determine range/scale
The Evaluation Phase of the Value Methodology (VM) Job Plan involves assessing ideas using established criteria, as taught in the VMF 1 course (Core Competency #7: Evaluation and Selection of Alternatives). According to SAVE International’s Value Methodology Standard, “establishing evaluation criteria follows a logical sequence: first, identify the context of the study (e.g., project goals, constraints); then define the criteria (e.g., cost, performance, risk); next, determine the importance of each criterion (e.g., weighting, as noted in Question 11); and finally, determine the range or scale for measurement (e.g., 1-5 scale for scoring).” This process ensures that criteria are relevant, prioritized, and measurable, enabling systematic evaluation (e.g., using coarse-medium-fine filters, as in Question 33).
Identify context: Understand the study’s goals and constraints (e.g., budget limits).
Define criteria: List specific criteria (e.g., cost savings, quality).
Determine importance: Assign weights to criteria (e.g., cost is 40% of the score).
Determine range/scale: Set a measurement scale (e.g., 1-10 for each criterion).
Option A (Identify context, define criteria, determine importance, determine range/scale) is correct, as it follows the logical sequence for establishing evaluation criteria.
Option B (Identify context, define criteria, determine range/scale, determine importance) is incorrect because determining importance (weighting) should precede setting the range/scale to ensure the scale reflects the criteria’s relative importance.
Option C (Define criteria, identify context, determine range/scale, determine importance) is incorrect because the context must be identified first to ensure criteria are relevant.
Option D (Define criteria, identify context, determine importance, determine range/scale) is incorrect because defining criteria before identifying the context risks missing the study’s specific needs.