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SAVE International Value Methodology Associate Sample Questions:

1. What is the correct sequence of the last four phases of the Value Methodology Job Plan?

A) Evaluation, Development, Implementation, and Presentation
B) Development, Presentation, Evaluation, and Implementation
C) Evaluation, Development, Presentation, and Implementation
D) Development, Evaluation, Presentation, and Implementation

2. What function must a pen or pencil perform?

A) Color surface
B) Convey message
C) Mark surface
D) Write documents

3. Function E is the:

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

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

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

5. Identify which are key data used to transform information for a product value study:

A) Customer requirements, overhead cost, competitive analysis, sample components, packaging requirements, warranty information
B) Design objectives, original cost estimate, drawings, specifications, resource models, customer demographics
C) Customer demographics, overhead cost, drawings, competitive analysis, sample components, labor reports
D) Flow diagrams, latest cost estimate, labor reports, drawings, site plan, regulatory requirements

Solutions: