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| Section | Objectives |
|---|---|
| Value Methodology Core Competencies | - VM Study Execution and Team Management - Function Analysis - VM Facilitation and Leadership - Value Methodology Foundations
- Value Concept
|
1. Which of the following actions is the most effective method for encouraging stakeholder engagement during the implementation phase?
A) Assign tasks to team members before informing stakeholders.
B) Coordinate with the project manager to distribute information to stakeholders.
C) Use formal reports to streamline the process.
D) Provide stakeholders with the VM study report during the implementation meeting.
2. Other than the creative ideas list and evaluation scores, which of the following information should be included in a value study report?
A) Recommended alternatives, stakeholder survey, and a list of prioritized functions
B) Cover page, table of contents, executive summary, and planning documents
C) Recommended alternatives, list of information reviewed, and function analysis
D) Executive summary, list of information reviewed, a FAST flow chart, and VM presentation
3. What is the most appropriate description of the Information Phase?
A) Make sure management agrees with the topic being studied
B) Collect and restructure data to support the function analysis phase
C) Gather, organize, review, and transform data collected
D) Confirm timing of Job Plan phases with the customer
4. The VM Job Plan differs from the scientific method approach to problem-solving because the VM job plan
A) requires less information on a subject than the scientific method.
B) requires less analysis than the scientific method.
C) focuses on what a subject does.
D) analyzes a problem and develops a hypothesis.
5. 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) Develop a new VM proposal.
B) Discuss the information with the study subject program manager.
C) Disregard the information.
D) Assess the information with the VM team.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: B,D |
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