CVS Exam Dumps - Certified Value Specialist

The correct answers are A and C because the VM Job Plan is a sequential, function-based process. SAVE’s study guide explains that the Job Plan guides the study team through identifying and focusing on key project functions so new ideas can be created for value improvement. It also states that Job Plan phases are performed in sequence because each phase provides the information needed for the next phase. ( )

Therefore, functions must be defined before alternative solutions are generated . This occurs in the Function Analysis Phase , where the team identifies, classifies, and models project functions, then selects value-mismatched functions to focus the Creativity Phase. ( ) The Creative Phase then generates alternative ideas for performing those functions, while the Evaluation Phase later reduces and prioritizes those ideas by considering cost, performance, and other evaluation methods. ( )

Option B is incorrect because idea generation and evaluation are intentionally separated; judgment is suspended during Creativity and applied during Evaluation. Option D is incorrect because functions are not fully defined before the VM study; they are formally developed during the Job Plan.

References/topics: VM Job Plan; Function Analysis Phase; Creativity Phase; Evaluation Phase; Sequential Job Plan Logic.

The correct answers are A. Next update, D. Tracking identification number, and E. Performance impacts . In the Implementation Phase, accepted VM proposals must be tracked so that the organization can confirm whether the approved value improvement is actually being carried into execution. The VM Guide explains that implementation status reports formally document and track the status of VM proposals and are used by VM program managers to follow implementation progress. It specifically identifies a tracking identification number as the code used to track the change within the organization, and it also requires discussion of performance impacts , including any deviation from the VM team’s original performance assessment. ( pdfcoffee.com )

A next update is also appropriate because implementation status reporting is not a one-time record; it is a continuing control mechanism. The guide identifies “Next update” as the date of the next implementation status update. ( pdfcoffee.com )

Option C is incorrect because the VM study presentation is an input used earlier to resolve proposals, not a documented element of an accepted proposal status report. Option B is administrative and may appear in some organizations, but the essential accepted-proposal tracking content focuses on traceability, implementation follow-up, and validated impacts.

References/topics: Implementation Phase; Implementation Status Reports; Accepted VM Proposals; Tracking Identification Number; Performance Impacts; Next Update.

The correct answers are C and D . The end-of-workshop presentation is part of the Presentation Phase , whose objective is to obtain concurrence and commitment from the designer, project sponsor, and management to proceed with implementation. SAVE’s VM Job Plan identifies Presentation Phase activities as presenting an oral report, preparing the written report, and obtaining implementation commitments. ( UW Courses )

Therefore, the level of management involvement directly affects scheduling because the presentation must be arranged when the decision-making body, sponsor, designer, and appropriate managers are available. The standard states that the VM team presents recommendations to the decision-making body and uses interactive discussion to obtain approval or direction for more information. ( UW Courses )

The number of VM proposals developed also affects scheduling because more proposals require more time for explanation, supporting data, benefit analysis, cost/schedule impacts, risks, and implementation requirements. The Development Phase requires each proposed alternative to include technical data, cost and performance data, schedule impact, and implementation planning before presentation. ( UW Courses )

Team size and general participant count may affect logistics, but they are not the primary scheduling drivers for the formal final presentation.

References/topics: Presentation Phase; Development Phase; VM Proposals; Management Commitment; Implementation Planning.

The correct indicators are poor results , reluctance to participate in a value study , and lack of management support . These are behavioral and organizational symptoms showing that the Value Methodology is not being understood, accepted, or applied correctly. VM depends on a disciplined Job Plan, qualified facilitation, multidisciplinary participation, and informed decision-making. SAVE describes VM as a systematic process applied by a multidisciplinary team to improve value through function analysis, and SAVE also emphasizes education, training, and certification as part of competent VM practice. ( Value Engineering )

Poor results suggest that participants may be using VM tools mechanically without understanding function analysis, value improvement, or the Job Plan logic. Reluctance to participate usually reflects misunderstanding, fear of criticism, or lack of awareness of the benefits of VM. Lack of management support is especially critical because VM programs require sponsorship, resources, implementation authority, and decision-maker commitment. Lack of technical expertise is not primarily a VM training indicator; it is a team composition issue. Lack of funding is a resource constraint, not direct evidence that VM education is needed.

References/topics: VM Programs; VM Training; Management Support; Program Implementation; Team Participation; Value Study Effectiveness.

The correct answer is D. To prioritize functions . The Function Analysis Phase includes several important activities: identifying functions, defining them in active verb/measurable noun form, classifying them as basic or secondary, organizing their relationships, and relating cost or worth where required. However, these activities are not the final purpose by themselves. Their purpose is to determine which functions deserve the team’s focused attention for value improvement.

SAVE’s Value Methodology guidance explains that during Function Analysis, the team defines project functions and reviews them to determine which need improvement, elimination, or creation to meet study goals. ( WSDOT ) The Study Guide also states that functions performed inefficiently or at more than expected cost become the focus of the VM team’s improvement effort. ( ) This means the ultimate output is a prioritized understanding of where value improvement opportunities exist.

Option A may occur in advanced function-cost analysis, but it is not the ultimate objective. Options B and C are necessary intermediate steps, but they support the larger goal of prioritizing functions for creativity, evaluation, and development.

References/topics: Function Analysis Phase; Function Definition; Function Classification; Function Organization; Function Prioritization; Value Improvement Opportunities.

The correct answer is A. creative steps from analytical steps . The VM Job Plan is structured so the team does not mix information gathering, function analysis, idea generation, judgment, and proposal development into one uncontrolled discussion. SAVE guidance describes the Job Plan as the process that guides the study team in identifying and focusing on key project functions to create ideas that result in value improvement. ( )

This separation is important because the Creative Phase requires free idea generation without premature criticism, feasibility judgment, or cost filtering. The Evaluation Phase then applies analytical judgment to screen, rank, and select ideas with value potential. The Development Phase further analyzes selected alternatives through cost, performance, risk, and implementation considerations. SAVE’s VM Standard also states that a qualifying value study follows an organized Job Plan with defined phases, including Function Analysis, Creative, Evaluation, Development, and Presentation. ( )

Option B is incorrect because designers may be part of the multidisciplinary VM team. Option C is incorrect because cost and function are intentionally related during VM analysis. Option D is incorrect because project needs and functions are also connected; functions express what must be done to satisfy needs.

References/topics: Value Methodology and Job Plan; Creative Phase; Evaluation Phase; Function Analysis; Analytical vs Creative Thinking.

The correct answers are B. Maintenance, C. Production, and E. Engineering . The question is focused on how adding a new product will affect the current manufacturing process , so input must come from the functions that directly understand equipment capability, production workflow, process design, downtime risk, maintainability, tooling, tolerances, and operational constraints. SAVE’s Value Methodology Standard specifically states that VM can be applied to manufacturing processes , and that the Value Study Team should be a multidisciplinary group of experienced professionals and project stakeholders selected based on their expertise and experience with the project.

Production is essential because it understands line capacity, sequencing, labor flow, bottlenecks, cycle time, quality impact, and daily operating constraints. Maintenance is essential because a new product may require equipment changes, additional preventive maintenance, setup changes, spare parts, downtime planning, or reliability analysis. Engineering is essential because it understands product design, process capability, manufacturing methods, fixtures, tooling, specifications, and technical feasibility.

Marketing may provide market demand or customer preference input, but that is not the best answer when the question narrows the issue to the existing manufacturing process. Human resources may support staffing or training later, but it is not one of the three primary technical process stakeholders.

References/topics: Multidisciplinary Team; Stakeholder Expertise; Manufacturing Process VM; Team Composition.

The correct answer is A because the specialists described in the question are not casual reviewers or occasional outside advisers; they are VM team members whose specialized knowledge is required for the study. The CVS logic is that essential team members should remain engaged through the full Job Plan so that information, function thinking, creativity, evaluation, development, and presentation remain connected. The SAVE Study Guide identifies technical champions as team members selected for technical expertise and states that value team members are expected to “participate in all meetings,” gather and analyze information, identify functions, contribute ideas, and evaluate ideas using their experience and expertise. ( )

Options B, C, and D incorrectly isolate specialist participation to one phase. That weakens team continuity and can cause poor assumptions, missed functions, unrealistic ideas, or weak evaluation. The facilitator may manage time efficiently through preparation, agenda control, and disciplined facilitation, but should not remove required specialists from the VM Job Plan phases. The Study Guide also emphasizes keeping team members together whenever possible to maintain continuity. ( )

References/topics: VM Facilitation; Team Dynamics; Technical Champions; Value Team Member Responsibilities; Job Plan Discipline.