SAVE International VMA : Value Methodology Associate

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SAVE International VMA Exam Syllabus Topics:

SAVE International Value Methodology Associate Sample Questions:

1. Which of the following best describes a VM study?

A) Is considered a business improvement best practice
B) It is a structured effort using the VM process to improve value
C) Must be led by a Certified Value Specialist
D) Is undertaken after the design is completed

2. Which of the following best defines an activity?

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

3. The VM Job Plan provides a structured sequence of phases designed to leverage which of the following types of thinking?

A) Critical and divergent
B) Convergent and divergent
C) Divergent and abstract
D) Convergent and abstract

4. How many phases are in the VM Job Plan?

A) 7
B) 8
C) 3
D) 6

5. The best study results will usually come from applying the value methodology with:

A) The current project team
B) An executive-level task force
C) A team working in similar disciplines
D) A multidisciplinary team with a selected set of skills

Solutions: