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SAVE International VMA Exam Syllabus Topics:

SAVE International Value Methodology Associate Sample Questions:

1. In which phases of the VM Job Plan does the VM study team use convergent thinking?

A) Information, Function Analysis, Creativity
B) Function Analysis, Creativity, Evaluation
C) Evaluation, Development, Presentation
D) Creativity, Evaluation, Development

2. Function E is the:

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

3. What is the correct order for the three levels of filters used for evaluating ideas during the Evaluation Phase?

A) Coarse, Medium, Fine
B) Medium, Coarse, Fine
C) Medium, Fine, Coarse
D) Coarse, Fine, Medium

4. 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

5. Which of the three levels of filters used for evaluating ideas during the Evaluation Phase applies an evaluation matrix technique?

A) Medium
B) Fine
C) Coarse
D) Reasonable

Solutions: