The Value Methodology (VM) Job Plan, as outlined in the VMF 1 course and SAVE International’s Value Methodology Standard, consists of six phases, one of which is the Evaluation Phase, where the VM team selects viable ideas. In the Evaluation Phase, the team assesses ideas generated during the Creative Phase to determine their feasibility, cost impact, and alignment with project goals. According to the VMF 1 Core Competency #3 (Value Methodology Job Plan), the Evaluation Phase involves “evaluating the ideas for their potential to improve value, using criteria such as cost savings, performance, quality, and feasibility, to select the most viable alternatives for further development.” Tools like weighted evaluation matrices may be used to rank ideas systematically.
Option A (Function Analysis) is incorrect because this phase focuses on identifying and analyzing functions, not selecting ideas.
Option B (Presentation) is incorrect because this phase involves communicating recommendations to stakeholders, after ideas have already been selected and developed.
Option C (Evaluation) is correct, as it is the phase where the VM team filters and selects viable ideas based on defined criteria.
Option D (Development) is incorrect because this phase involves refining selected ideas into actionable proposals, which happens after the Evaluation Phase.
[:, SAVE International, “Value Methodology Standard and Body of Knowledge,” available athttps://www.value-eng.org, detailing the Evaluation Phase in the VM Job Plan., SAVE International, “Value Methodology Associate (VMA) Certification,”https://www.value-eng.org/page/VMA, referencing VMF 1 Core Competency #3 (Value Methodology Job Plan)., ]
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