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SAVE International Value Methodology Associate Sample Questions:

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

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

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

A) A structured effort by a multidisciplinary team using the VM
B) A workshop that applies the VM facilitated by a CVS
C) An improvement process similar to Lean Six Sigma
D) An analysis of a completed project design by a VM team

3. An unwanted function of a hammer would be:

A) Swing arm
B) Transmit vibration
C) Apply force
D) Deliver force

4. What function must a pen or pencil perform?

A) Color surface
B) Mark surface
C) Write documents
D) Convey message

5. When transforming the VM study subject's cost information, the potential for achieving major savings is:

A) Improved when costs are aligned with scope increases
B) Increased when the VM proposals improve performance
C) Enhanced when outputs are included in calculations
D) Greatest during the early phases of the project lifecycle

Solutions: