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SAVE International Value Methodology Associate Sample Questions:

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

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

2. What is the objective of the Creativity Phase?

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

3. Which function represents the specific goals or needs for which the subject scope exists?

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

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

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

5. The Development Phase involves which of the following steps?

A) Assign ideas to VM study team members
B) Prioritize ideas
C) Determine verb-noun combinations for ideas
D) Model the cost of ideas

Solutions: