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SAVE International Value Methodology Associate Sample Questions:

1. The Pareto Principle as applied in the Value Methodology means:

A) 20% of elements represent 80% of the cost
B) 80% of functions represent 20% of components
C) 80% of the whole includes 20% of the resources
D) 20% of risks impact 80% of elements

2. Which of the following are ground rules of the Creativity Phase? (Choose 3 answers)

A) Encourage "Free-Wheeling" of ideas
B) Apply the "Principle of Deferred Judgment"
C) Establish an ambitious goal for the number of ideas
D) Emphasize cost savings
E) Emphasize quality rather than quantity

3. Y is pointing to the

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

4. The VM is defined by SAVE International as a:

A) Structured process
B) Systematic process
C) Specialized process
D) Sequential process

5. Ground rules that support creative brainstorming include:

A) Requesting idea clarification, discussing cost impacts, and considering performance.
B) Encouraging openness to ideas, freewheeling, and recording good ideas.
C) Focusing on prioritized functions, deferring judgment, and improving ideas.
D) Focusing on quality ideas, discussing their merits, and maintaining momentum.

Solutions: