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| Section | Objectives |
|---|---|
| Value Methodology Overview | - Principles of Value Engineering / Value Analysis
|
| Job Plan Phases | - Presentation Phase
|
| Professional Practice Requirements | - Value study facilitation - Project documentation and reporting |
1. What is the most appropriate description of the Information Phase?
A) Collect and restructure data to support the function analysis phase
B) Gather, organize, review, and transform data collected
C) Make sure management agrees with the topic being studied
D) Confirm timing of Job Plan phases with the customer
2. A VM study team member arrives with new information during the development of VM proposals. What should the VM facilitator do?
Choose 2 answers.
A) Discuss the information with the study subject program manager.
B) Assess the information with the VM team.
C) Develop a new VM proposal.
D) Disregard the information.
3. At a VM study implementation meeting the VM facilitator is asked to make a five-minute presentation. The presentation should
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.
4. Some stakeholders disagree with their level of involvement in the VM study scope. What tool could the VM facilitator use to focus the group?
A) RACI matrix
B) SWOT analysis
C) Paired comparison
D) Work breakdown structure
5. Which of the following are inputs to the Presentation Phase?
Choose 3 answers.
A) VM study subject information
B) Disposition decision
C) VM study report
D) VM proposals
E) List of participants
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A,B | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A,D,E |
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