SAVE International VMA - Value Methodology Associate

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SAVE International VMA Exam Syllabus Topics:

SAVE International Value Methodology Associate Sample Questions:

Question 1

The Value Methodology is:

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

Question 2

All-the-time functions are:

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

Question 3

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. Creativity, Evaluation, Development
D. Evaluation, Development, Presentation

Question 4

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

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

Question 5

Which of the following best describes a VM study?

A. A workshop that applies the VM facilitated by a CVS
B. An improvement process similar to Lean Six Sigma
C. An analysis of a completed project design by a VM team
D. A structured effort by a multidisciplinary team using the VM

Solutions: