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| Section | Objectives |
|---|---|
| Value Methodology Core Competencies | - Value Methodology Foundations
- Advanced VM Practice (Leadership-level application) - Value Concept
- Value Methodology Job Plan Application - Function Analysis |
1. When selecting VM study team members, which of the following are preferable?
Choose 2 answers.
A) Availability to attend
B) Promoting their ideas
C) Closed-mindedness
D) Expertise in their field
2. Which statement best describes a FAST diagram?
A) A graphical model showing dependent relationships among functions
B) A schedule network used to calculate project float
C) A cost spreadsheet used to calculate inflation
D) A procurement chart showing supplier lead times
3. Which of the following strategies should be employed to enhance the VM study presentation?
Choose 2 answers.
A) Provide handouts with detailed technical specifications.
B) Utilize visuals such as charts and graphs.
C) Include a summary of key points to reinforce the message.
D) Design the presentation in a complex format.
4. A small group within the VM team is sitting silently and won't engage. What should the VM facilitator do?
A) Engage the other VM team members
B) Open discussions with the group
C) Ask the group to leave
D) Ignore potential threats to the group
5. Place the steps of the Random Function Identification Technique in the correct order.
Solutions:
| Question # 1 Answer: A,D | Question # 2 Answer: A | Question # 3 Answer: B,C | Question # 4 Answer: B | Question # 5 Answer: Only visible for members |
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