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SAVE International Value Methodology Associate Sample Questions:

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

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

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

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

3. Which of the following best defines an activity?

A) A task, action, or operation that describes why a function is performed
B) A task, action, or operation that describes how a function is performed
C) A specific task, action, or operation that is generic and changes viewpoints
D) A specific task, action, or operation with a high level of abstraction

4. Which of the following best describes a VM study?

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

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

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

Solutions: