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SAVE International Value Methodology Associate Sample Questions:
1. Which of the following best describes a VM study?
A) An improvement process similar to Lean Six Sigma
B) An analysis of a completed project design by a VM team
C) A workshop that applies the VM facilitated by a CVS
D) A structured effort by a multidisciplinary team using the VM
2. Which phase of the VM Job Plan is considered the heart of the Value Methodology?
A) Presentation
B) Implementation
C) Creativity
D) Function Analysis
3. Which are the three main characteristics of the Value Methodology?
A) Function Analysis, brainstorming, teamwork
B) Systematic process, multidisciplinary team, qualified VM facilitator
C) Multidisciplinary team, cost reduction, function improvement
D) Systematic process, function analysis, CVS
4. Which is the correct order of steps in establishing evaluation criteria?
A) Define criteria, identify context, determine range/scale, determine importance
B) Define criteria, identify context, determine importance, determine range/scale
C) Identify context, define criteria, determine importance, determine range/scale
D) Identify context, define criteria, determine range/scale, determine importance
5. In which phases of the VM Job Plan does the VM study team use convergent thinking?
A) Information, Function Analysis, Creativity
B) Creativity, Evaluation, Development
C) Evaluation, Development, Presentation
D) Function Analysis, Creativity, Evaluation
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: C |
By Mandel
