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SAVE International Value Methodology Associate Sample Questions:

1. Ground rules that support creative brainstorming include:

A) Focusing on prioritized functions, deferring judgment, and improving ideas.
B) Encouraging openness to ideas, freewheeling, and recording good ideas.
C) Requesting idea clarification, discussing cost impacts, and considering performance.
D) Focusing on quality ideas, discussing their merits, and maintaining momentum.

2. The primary objective of the Information phase is to:

A) Create a cost model
B) Understand the subject
C) Transform information
D) Obtain the voice of the customer

3. Which of the following is most relevant to the Evaluation Phase?

A) Weighting
B) Cost Model
C) Constraints
D) Return on Investment

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

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

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

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

Solutions: