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SAVE International Value Methodology Associate Sample Questions:

1. The Value Methodology is:

A) A suggestion program to improve value.
B) An eight-phase process to improve value.
C) A cost reduction exercise to improve value.
D) A step-by-step design review to improve value.

2. What is the term for the vertical demarcations on the left and right of a FAST diagram?

A) Function Logic Lines
B) When Direction Lines
C) Subject Lines
D) Scope Lines

3. How many phases are in the VM Job Plan?

A) 3
B) 6
C) 8
D) 7

4. The best study results will usually come from applying the value methodology with:

A) An executive-level task force
B) The current project team
C) A team working in similar disciplines
D) A multidisciplinary team with a selected set of skills

5. Which of the following is a basic function of a bicycle?

A) Transport Goods
B) Move People
C) Provide Transportation
D) Transport Mass

Solutions: