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Updated: Aug 22, 2026
Q & A: 63 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Tools and Techniques | 25% | - Decision-making and prioritization - Team dynamics and facilitation - Cost analysis and worth assessment |
| Application and Ethics | 15% | - Application in projects, products and processes - Professional ethics and standards of practice |
| Value Methodology Fundamentals | 20% | - Core principles and terminology - Definition, purpose and benefits of Value Methodology - Historical background and standards |
| VM Job Plan | 40% | - Presentation Phase - Information Phase - Development Phase - Creative Phase - Evaluation Phase - Function Analysis Phase
|
1. All-the-time functions are:
A) Continuous
B) Undesirable
C) A drain on resources
D) Outside the study scope
2. Which function represents the specific goals or needs for which the subject scope exists?
A) Lower Order
B) Higher Order
C) Basic
D) Secondary
3. Which of the following is a basic function of a bicycle?
A) Transport Goods
B) Move People
C) Transport Mass
D) Provide Transportation
4. Which of the following letters represents the scope lines?
A) A
B) D
C) C
D) B
5. Which of the following best describes a VM study?
A) An improvement process similar to Lean Six Sigma
B) A structured effort by a multidisciplinary team using the VM
C) A workshop that applies the VM facilitated by a CVS
D) An analysis of a completed project design by a VM team
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: B |
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