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SAVE International Value Methodology Associate Sample Questions:

1. Functions on a FAST diagram's function logic path follow:

A) How-When logic
B) How-Why logic
C) When-Why logic
D) And-Or logic

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

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

3. Which of the following defines the effects of time, value, and money, converting all costs to a common reference point in today's dollars?

A) Discount Rate
B) Simple Payback (or Breakeven Point)
C) Return on Investment (ROI)
D) Present Worth (or Net Present Value)

4. Which of the following is most relevant to the Evaluation Phase?

A) Return on Investment
B) Cost Model
C) Constraints
D) Weighting

5. Ground rules that support creative brainstorming include:

A) Focusing on prioritized functions, deferring judgment, and improving ideas.
B) Requesting idea clarification, discussing cost impacts, and considering performance.
C) Focusing on quality ideas, discussing their merits, and maintaining momentum.
D) Encouraging openness to ideas, freewheeling, and recording good ideas.

Solutions: