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SAVE International Value Methodology Associate Sample Questions:

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

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

2. Which of the following is most relevant to the Evaluation Phase?

A) Constraints
B) Weighting
C) Cost Model
D) Return on Investment

3. When transforming the VM study subject's cost information, the potential for achieving major savings is:

A) Increased when the VM proposals improve performance
B) Enhanced when outputs are included in calculations
C) Improved when costs are aligned with scope increases
D) Greatest during the early phases of the project lifecycle

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

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

5. Y is pointing to the

A) "OR" Gate
B) Critical Logic Path
C) "AND" Gate
D) Minor Logic Path

Solutions: