SAVE International VMA : Value Methodology Associate

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SAVE International Value Methodology Associate Sample Questions:

1. What is the term for the vertical demarcations on the left and right of a FAST diagram?

A) Subject Lines
B) Function Logic Lines
C) When Direction Lines
D) Scope Lines

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

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

3. The best study results will usually come from applying the value methodology with:

A) An executive-level task force
B) The current project team
C) A team working in similar disciplines
D) A multidisciplinary team with a selected set of skills

4. Which of the following best describes a VM study?

A) An improvement process similar to Lean Six Sigma
B) A structured effort by a multidisciplinary team using the VM
C) A workshop that applies the VM facilitated by a CVS
D) An analysis of a completed project design by a VM team

5. What is the correct sequence of the last four phases of the Value Methodology Job Plan?

A) Evaluation, Development, Implementation, and Presentation
B) Evaluation, Development, Presentation, and Implementation
C) Development, Presentation, Evaluation, and Implementation
D) Development, Evaluation, Presentation, and Implementation

Solutions: