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SAVE International Certified Value Specialist Sample Questions:

1. On a FAST diagram, the
Choose 3 answers.

A) scope lines are shown as solid lines.
B) higher order function is to the immediate left of the left scope line.
C) scope lines represent limits of the VM study subject.
D) lower order function is to the immediate left of the right scope line.
E) basic function is to the immediate right of the left scope line.

2. Which of the following are the purposes of function analysis?
Choose 4 answers.

A) Communicate ideas
B) Expand knowledge
C) Stimulate communication
D) Create opportunities
E) Change viewpoints
F) Identify opportunities

3. At a VM study implementation meeting the VM facilitator is asked to make a five-minute presentation. The presentation should

A) demonstrate that the VM team understood objectives of the VM study.
B) explain how the Value Methodology works.
C) highlight the strengths of each VM team member.
D) focus on the VM study job plan.

4. Which of the following are reasons why the VM facilitator and VM study team members should participate in the Implementation Meeting?
Choose 3 answers

A) To address alternative VM proposals
B) To answer questions about the cost impact
C) To respond to technical questions about the VM proposals
D) To address the level of effort required for implementation
E) To present the VM proposals

5. A VM program's standard operating procedures should include

A) how subjects for VM studies are identified.
B) a required number of creative ideas to be generated in a study.
C) a listing of standard functions to be included in a VM study.
D) a requirement that each VM team member be independent from the development team.

Solutions: