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SAVE International Value Methodology Associate Sample Questions:

1. Y is pointing to the

A) "OR" Gate
B) Critical Logic Path
C) "AND" Gate
D) Minor Logic Path

2. During the life cycle of a project or product, the greatest possibility to influence impacts and costs takes place during:

A) Planning
B) Operating
C) Maintaining
D) Organizing

3. Function E is the:

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

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

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

5. Which is the correct order of steps in establishing evaluation criteria?

A) Define criteria, identify context, determine importance, determine range/scale
B) Define criteria, identify context, determine range/scale, determine importance
C) Identify context, define criteria, determine range/scale, determine importance
D) Identify context, define criteria, determine importance, determine range/scale

Solutions: