SAVE International CVS Exam Dumps - Actual Questions Answers

The correct answer is B because the Information Phase is the point in the VM Job Plan where the study team establishes a shared factual understanding of the project before moving into function analysis or idea generation. SAVE’s Value Methodology Standard describes the Information Phase as the phase in which the team reviews and defines current project conditions and identifies the goals of the study . ( wsdot.wa.gov ) This means the team examines available drawings, costs, constraints, owner requirements, user needs, scope, assumptions, performance expectations, schedule conditions, and other baseline project information.

Option A is incorrect because determining alternative solutions belongs primarily to the Creativity Phase , where ideas are generated after functions are understood. Option C is not the main objective; an information workbook or data package may support the phase, but it is a tool or deliverable rather than the fundamental purpose. Option D is also incorrect because selecting or adding VM team members is normally addressed during Preparation / Pre-Workshop planning , not during the Information Phase.

The Information Phase creates the factual platform for all later phases. Without a clear understanding of project information, function analysis, creativity, evaluation, and development cannot be performed reliably.

References/topics: Information Phase; VM Job Plan; Project Data Review; Current Conditions; Study Objectives.

A conditionally accepted VM proposal is not fully approved yet. It means the decision makers see value in the proposal, but acceptance depends on certain changes, clarifications, added data, or further review. Therefore, the facilitator should first identify the modifications required for acceptance . This creates a clear action path and prevents the proposal from being wrongly recorded as fully approved.

The facilitator should also ask decision makers for the timing of the final decision . In VM reporting and implementation follow-up, unresolved proposals must have ownership, required actions, and a decision schedule. Without a timing commitment, conditionally accepted proposals can remain open and lose implementation momentum.

Option B is incorrect because a conditionally accepted proposal is not the same as an accepted proposal. Listing it as accepted would misrepresent the decision status. Option D is weaker because the facilitator should not merely list deficiencies; the correct VM approach is to convert concerns into specific required modifications and next steps.

References/topics: Presentation Phase; Decision Documentation; Proposal Disposition; Implementation Planning; VM Facilitator Responsibilities.

The correct answer is C. Recommended alternatives, list of information reviewed, and function analysis . A value study report must document the technical basis of the VM study and provide management with enough objective information to make implementation decisions. The Presentation Phase requires the VM team to prepare presentation/supporting documentation, compare conclusions to success requirements from the Information and Function Analysis Phases, ensure management has full objective information, and prepare a formal report. ( )

Recommended alternatives belong in the report because the Development Phase converts selected ideas into clearly written value alternatives, supported by assumptions, sketches, calculations, cost comparisons, and implementation considerations. ( ) A list of information reviewed is also appropriate because the Information Phase gathers project data, key documents, cost data, quality data, marketing information, process flow charts, and other baseline material. ( ) Function analysis is essential because it records the functional basis of the study, including identified functions, function models, cost drivers, performance attributes, and value-mismatched functions. ( )

Option A is administrative and incomplete. Option B includes a stakeholder survey, which is not a standard core report element. Option D is weakened by “VM presentation,” because the presentation is separate from the report deliverable.

References/topics: Presentation Phase; Value Study Report; Information Phase; Function Analysis Phase; Development Phase; Recommended Alternatives.