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SAVE International VMA Exam Syllabus Topics:

SAVE International Value Methodology Associate Sample Questions:

1. Function E is the:

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

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

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

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

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

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

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

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

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

Solutions: