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SAVE International Value Methodology Associate Sample Questions:

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

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

2. Which are the three main characteristics of the Value Methodology?

A) Systematic process, multidisciplinary team, qualified VM facilitator
B) Function Analysis, brainstorming, teamwork
C) Multidisciplinary team, cost reduction, function improvement
D) Systematic process, function analysis, CVS

3. Within the scope of a residential door (including the door frame, hinges, lock set, and door handle), which of the following does not contain activities?

A) Rotate door, support load, grasp handle
B) Install screws, separate spaces, secure space
C) Connect spaces, construct frame, attract user
D) Restrict access, improve safety, transmit force

4. Which is the correct order of steps involved in risk management?

A) Risk Identification, Risk Management Planning, Risk Analysis, Risk Response Planning, Risk Monitoring and Control
B) Risk Management Planning, Risk Identification, Risk Response Planning, Risk Analysis, Risk Monitoring and Control
C) Risk Management Planning, Risk Analysis, Risk Identification, Risk Response Planning, Risk Monitoring and Control
D) Risk Management Planning, Risk Identification, Risk Analysis, Risk Response Planning, Risk Monitoring and Control

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

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

Solutions: