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SAVE International Value Methodology Associate Sample Questions:

1. In which phase does one work to obtain a thorough understanding of the subject of the VM study?

A) Presentation Phase
B) Creativity Phase
C) Evaluation Phase
D) Information Phase

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

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

3. What function must a pen or pencil perform?

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

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

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

5. What is the objective of the Creativity Phase?

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

Solutions: