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SAVE International Value Methodology Associate Sample Questions:

1. The original VM Job Plan was based on a problem-solving approach. Which is the correct order of the four steps comprising this approach?

A) Observation, Experimentation, Hypothesis, Conclusion
B) Observation, Hypothesis, Experimentation, Conclusion
C) Hypothesis, Experimentation, Observation, Conclusion
D) Hypothesis, Observation, Experimentation, Conclusion

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

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

3. What is a function of a teacup?

A) Allow drinking
B) Contain tea
C) Contain liquid
D) Provide container

4. Which of the following best defines an activity?

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

5. The primary objective of the Information phase is to:

A) Understand the subject
B) Transform information
C) Obtain the voice of the customer
D) Create a cost model

Solutions: