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SAVE International Value Methodology Associate Sample Questions:

1. The Pareto Principle as applied in the Value Methodology means:

A) 20% of risks impact 80% of elements
B) 20% of elements represent 80% of the cost
C) 80% of the whole includes 20% of the resources
D) 80% of functions represent 20% of components

2. What function must a pen or pencil perform?

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

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

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

4. An effective Information Phase kickoff meeting:

A) Describes how functions have normally been accomplished.
B) Discusses the challenges of the proposed VM study approach.
C) Outlines goals for the study subject and VM study objectives.
D) Indicates the VM solutions desired by decision makers.

5. What is the term for the vertical demarcations on the left and right of a FAST diagram?

A) Function Logic Lines
B) Scope Lines
C) When Direction Lines
D) Subject Lines

Solutions: