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SAVE International Value Methodology Associate Sample Questions:

1. Which of the following are tasks during the development of VM proposals? (Choose 3 answers)

A) Address technical feasibility
B) State the disposition of the proposal
C) Determine costs
D) Validate the proposal
E) Assess time and schedule impacts

2. What is the objective of the Creativity Phase?

A) Develop improvement ideas
B) Select improvement ideas
C) Generate improvement ideas
D) Prioritize improvement ideas

3. The VM is defined by SAVE International as a:

A) Sequential process
B) Specialized process
C) Systematic process
D) Structured process

4. Which function is located to the left of the left vertical line in a FAST diagram?

A) Higher Order Function
B) Secondary Function
C) Basic Function
D) Lower Order Function

5. Which are the three main characteristics of the Value Methodology?

A) Systematic process, function analysis, CVS
B) Multidisciplinary team, cost reduction, function improvement
C) Function Analysis, brainstorming, teamwork
D) Systematic process, multidisciplinary team, qualified VM facilitator

Solutions: