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Free update for one year

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SAVE International Value Methodology Associate Sample Questions:

1. The Value Methodology is:

A) A suggestion program to improve value.
B) An eight-phase process to improve value.
C) A step-by-step design review to improve value.
D) A cost reduction exercise to improve value.

2. In which phase does one work to obtain a thorough understanding of the subject of the VM study?

A) Presentation Phase
B) Information Phase
C) Creativity Phase
D) Evaluation Phase

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

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

4. Which of the following best defines an activity?

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

5. Which of the following is a basic function of a bicycle?

A) Provide Transportation
B) Transport Goods
C) Transport Mass
D) Move People

Solutions: