Which two are foundations of value methodology? (Choose two.)
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- ○ Analysis of item functions
- ○ Comparison of worth cost
- ○ Negotiation of supplier discounts
- ○ Acceleration of project schedules
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Showing 1–12 of 12 questions
Which two are foundations of value methodology? (Choose two.)
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Value methodology primarily seeks to improve value by analysing what two elements together?
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CORRECT TEXT
The least cost to reliably perform a required function is known as its ______.
Answer is in the explanation below.
The value index in value studies is commonly expressed as which ratio?
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Value methodology was originally developed by which engineer at General Electric?
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SAVE International is the professional body responsible for doing what?
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A Value Methodology Associate is qualified to participate in a study in what capacity?
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Unnecessary cost in a value study is best defined as cost that does what?
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Which two are SAVE International certifications? (Choose two.)
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DRAG DROP
Match each value term with its correct meaning.
Items to match: Value, Worth, Unnecessary cost, Value index.

Answer is in the explanation below.
Which two describe a basic function? (Choose two.)
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DRAG DROP
Match each function concept with its correct meaning.
Items to match: Basic function, Secondary function, Use function, Esteem function.

Answer is in the explanation below.