SAVE International VMA : Value Methodology Associate

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SAVE International Value Methodology Associate Sample Questions:

1. Which are the three main characteristics of the Value Methodology?

A) Systematic process, multidisciplinary team, qualified VM facilitator
B) Function Analysis, brainstorming, teamwork
C) Multidisciplinary team, cost reduction, function improvement
D) Systematic process, function analysis, CVS

2. In which phases of the VM Job Plan does the VM study team use convergent thinking?

A) Evaluation, Development, Presentation
B) Function Analysis, Creativity, Evaluation
C) Information, Function Analysis, Creativity
D) Creativity, Evaluation, Development

3. Identify which are key data used to transform information for a product value study:

A) Customer requirements, overhead cost, competitive analysis, sample components, packaging requirements, warranty information
B) Flow diagrams, latest cost estimate, labor reports, drawings, site plan, regulatory requirements
C) Design objectives, original cost estimate, drawings, specifications, resource models, customer demographics
D) Customer demographics, overhead cost, drawings, competitive analysis, sample components, labor reports

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

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

5. Which of the following letters represents the scope lines?

A) D
B) B
C) A
D) C

Solutions: