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SAVE International Value Methodology Associate Sample Questions:

1. Ground rules that support creative brainstorming include:

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

2. What is the correct order for the three levels of filters used for evaluating ideas during the Evaluation Phase?

A) Medium, Coarse, Fine
B) Medium, Fine, Coarse
C) Coarse, Fine, Medium
D) Coarse, Medium, Fine

3. Risks associated with a project, product, or process typically impact:

A) Time, function, or attributes
B) Resources, regulations, or time
C) Schedule, cost, or performance
D) Cost, requirements, or results

4. When transforming subject scope information, it is most important that the VM study team have a clear understanding of:

A) the interests and influence of customers, users, and stakeholders.
B) the Pareto chart, risk data, and quality expectations.
C) the subject's purpose and the objectives of the VM study.
D) value improvement ideas and performance attributes.

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

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

Solutions: