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SAVE International Value Methodology Associate Sample Questions:

1. Functions on a FAST diagram's function logic path follow:

A) When-Why logic
B) How-When logic
C) How-Why logic
D) And-Or logic

2. The Pareto Principle as applied in the Value Methodology means:

A) 80% of functions represent 20% of components
B) 80% of the whole includes 20% of the resources
C) 20% of elements represent 80% of the cost
D) 20% of risks impact 80% of elements

3. The VM Job Plan provides a structured sequence of phases designed to leverage which of the following types of thinking?

A) Divergent and abstract
B) Convergent and divergent
C) Critical and divergent
D) Convergent and abstract

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

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

5. Which of the following techniques involves capturing input from multiple customers and stakeholders at the same time?

A) Surveys
B) Interviews
C) Questionnaires
D) Focus panels

Solutions: