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SAVE International VMA Exam Syllabus Topics:

SAVE International Value Methodology Associate Sample Questions:

1. The primary objective of the Information phase is to:

A) Transform information
B) Understand the subject
C) Obtain the voice of the customer
D) Create a cost model

2. During the life cycle of a project or product, the greatest possibility to influence impacts and costs takes place during:

A) Planning
B) Organizing
C) Maintaining
D) Operating

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

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

4. Which function is located to the left of the left vertical line in a FAST diagram?

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

5. Which is the correct order of steps involved in risk management?

A) Risk Management Planning, Risk Identification, Risk Response Planning, Risk Analysis, Risk Monitoring and Control
B) Risk Management Planning, Risk Analysis, Risk Identification, Risk Response Planning, Risk Monitoring and Control
C) Risk Identification, Risk Management Planning, Risk Analysis, Risk Response Planning, Risk Monitoring and Control
D) Risk Management Planning, Risk Identification, Risk Analysis, Risk Response Planning, Risk Monitoring and Control

Solutions: