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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) Minor Logic Path
D) "AND" Gate
2. Which of the following best describes a VM study?
A) It is a structured effort using the VM process to improve value
B) Is considered a business improvement best practice
C) Is undertaken after the design is completed
D) Must be led by a Certified Value Specialist
3. The primary objective of the Information phase is to:
A) Create a cost model
B) Obtain the voice of the customer
C) Transform information
D) Understand the subject
4. What is the objective of the Creativity Phase?
A) Generate improvement ideas
B) Select improvement ideas
C) Develop improvement ideas
D) Prioritize improvement ideas
5. An effective Information Phase kickoff meeting:
A) Outlines goals for the study subject and VM study objectives.
B) Describes how functions have normally been accomplished.
C) Discusses the challenges of the proposed VM study approach.
D) Indicates the VM solutions desired by decision makers.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A |


