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SAVE International Value Methodology Associate Sample Questions:

1. 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

2. The unique aspect of the value methodology is its application to anything that:

A) performs a function.
B) includes an activity.
C) is a subject of study.
D) is goal-oriented.

3. The Value Methodology is:

A) A step-by-step design review to improve value.
B) An eight-phase process to improve value.
C) A cost reduction exercise to improve value.
D) A suggestion program to improve value.

4. Which of the following are tasks during the development of VM proposals? (Choose 3 answers)

A) Assess time and schedule impacts
B) Address technical feasibility
C) Validate the proposal
D) State the disposition of the proposal
E) Determine costs

5. Which of the following are ground rules of the Creativity Phase? (Choose 3 answers)

A) Emphasize quality rather than quantity
B) Encourage "Free-Wheeling" of ideas
C) Establish an ambitious goal for the number of ideas
D) Apply the "Principle of Deferred Judgment"
E) Emphasize cost savings

Solutions: