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SAVE International VMA Exam Syllabus Topics:

SAVE International Value Methodology Associate Sample Questions:

1. Which of the following best describes a VM study?

A) Must be led by a Certified Value Specialist
B) It is a structured effort using the VM process to improve value
C) Is considered a business improvement best practice
D) Is undertaken after the design is completed

2. Which phase enables the VM team to select viable ideas?

A) Presentation
B) Evaluation
C) Development
D) Function Analysis

3. What is a function of a teacup?

A) Provide container
B) Contain tea
C) Contain liquid
D) Allow drinking

4. What is the correct sequence of the last four phases of the Value Methodology Job Plan?

A) Development, Evaluation, Presentation, and Implementation
B) Evaluation, Development, Implementation, and Presentation
C) Development, Presentation, Evaluation, and Implementation
D) Evaluation, Development, Presentation, and Implementation

5. In which phases of the VM Job Plan does the VM study team use convergent thinking?

A) Function Analysis, Creativity, Evaluation
B) Creativity, Evaluation, Development
C) Evaluation, Development, Presentation
D) Information, Function Analysis, Creativity

Solutions: