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SAVE International VMA Exam Syllabus Topics:

SAVE International Value Methodology Associate Sample Questions:

1. Which of the following is the risk response strategy for opportunities that seek to increase the probability of an opportunity occurring and/or the magnitude of results being beneficial?

A) Exploit
B) Share
C) Enhance
D) Mitigate

2. What is the objective of the Creativity Phase?

A) Generate improvement ideas
B) Prioritize improvement ideas
C) Select improvement ideas
D) Develop improvement ideas

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

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

4. When transforming subject scope information, it is most important that the VM study team have a clear understanding of:

A) the subject's purpose and the objectives of the VM study.
B) the interests and influence of customers, users, and stakeholders.
C) value improvement ideas and performance attributes.
D) the Pareto chart, risk data, and quality expectations.

5. Y is pointing to the

A) "AND" Gate
B) Critical Logic Path
C) Minor Logic Path
D) "OR" Gate

Solutions: