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SAVE International Value Methodology Associate Sample Questions:

1. Which of the three levels of filters used for evaluating ideas during the Evaluation Phase applies an evaluation matrix technique?

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

2. Which of the following are tasks during the development of VM proposals? (Choose 3 answers)

A) Validate the proposal
B) State the disposition of the proposal
C) Address technical feasibility
D) Assess time and schedule impacts
E) Determine costs

3. The unique aspect of the value methodology is its application to anything that:

A) is goal-oriented.
B) performs a function.
C) includes an activity.
D) is a subject of study.

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

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

5. Which phase enables the VM team to select viable ideas?

A) Function Analysis
B) Evaluation
C) Development
D) Presentation

Solutions: