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SAVE International Value Methodology Associate Sample Questions:

1. Which phase of the VM Job Plan is considered the heart of the Value Methodology?

A) Implementation
B) Creativity
C) Presentation
D) Function Analysis

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

A) Design objectives, original cost estimate, drawings, specifications, resource models, customer demographics
B) Customer requirements, overhead cost, competitive analysis, sample components, packaging requirements, warranty information
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

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

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

4. Which phase enables the VM team to select viable ideas?

A) Evaluation
B) Presentation
C) Development
D) Function Analysis

5. What function must a pen or pencil perform?

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

Solutions: