SAVE International Value Methodology VMA

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SAVE International Value Methodology Associate Sample Questions:

1. All-the-time functions are:

A) Undesirable
B) Outside the study scope
C) Continuous
D) A drain on resources

2. Ground rules that support creative brainstorming include:

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

3. The Pareto Principle as applied in the Value Methodology means:

A) 20% of elements represent 80% of the cost
B) 80% of functions represent 20% of components
C) 80% of the whole includes 20% of the resources
D) 20% of risks impact 80% of elements

4. The VM Job Plan provides a structured sequence of phases designed to leverage which of the following types of thinking?

A) Critical and divergent
B) Convergent and divergent
C) Divergent and abstract
D) Convergent and abstract

5. In which phase is a large quantity of ideas or alternatives generated to accomplish the functions?

A) Function Analysis Phase
B) Evaluation Phase
C) Creativity Phase
D) Presentation Phase

Solutions: