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SAVE International Value Methodology Associate Sample Questions:

1. What is the objective of the Creativity Phase?

A) Generate improvement ideas
B) Prioritize improvement ideas
C) Develop improvement ideas
D) Select improvement ideas

2. 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

3. All-the-time functions are:

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

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

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

5. 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

Solutions: