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SAVE International VMA Exam Syllabus Topics:

SAVE International Value Methodology Associate Sample Questions:

1. Which phase of the VM Job Plan is considered the heart of the Value Methodology?

A) Function Analysis
B) Implementation
C) Presentation
D) Creativity

2. When transforming the VM study subject's cost information, the potential for achieving major savings is:

A) Improved when costs are aligned with scope increases
B) Enhanced when outputs are included in calculations
C) Increased when the VM proposals improve performance
D) Greatest during the early phases of the project lifecycle

3. During the life cycle of a project or product, the greatest possibility to influence impacts and costs takes place during:

A) Operating
B) Maintaining
C) Organizing
D) Planning

4. A Random Function Identification table contains:

A) Elements, functions, and classifications
B) Inputs, objectives, and sequence
C) Costs, time, and risks
D) Components, resources, and criteria

5. Function E is the:

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

Solutions: