SAVE International VMA real exam prep : Value Methodology Associate

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SAVE International VMA Exam Syllabus Topics:

SAVE International Value Methodology Associate Sample Questions:

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

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

2. Which function represents the specific goals or needs for which the subject scope exists?

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

3. "When" is represented by which of the following letters?

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

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

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

5. What is the correct sequence of the last four phases of the Value Methodology Job Plan?

A) Evaluation, Development, Presentation, and Implementation
B) Development, Evaluation, Presentation, and Implementation
C) Development, Presentation, Evaluation, and Implementation
D) Evaluation, Development, Implementation, and Presentation

Solutions: