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SAVE International Value Methodology Associate Sample Questions:

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

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

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

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

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

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

4. If an organization invests $160,000 in a new software system that improves analysis and reduces annual costs by $3,000 per year, the payback period would be approximately:

A) 50 years
B) 53 years
C) 56 years
D) 45 years

5. Which function is located to the left of the left vertical line in a FAST diagram?

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

Solutions: