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SAVE International Value Methodology Associate Sample Questions:

1. All-the-time functions are:

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

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

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

3. Function E is the:

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

4. The best study results will usually come from applying the value methodology with:

A) An executive-level task force
B) A team working in similar disciplines
C) A multidisciplinary team with a selected set of skills
D) The current project team

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

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

Solutions: