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SAVE International VMA Exam Syllabus Topics:

SAVE International Value Methodology Associate Sample Questions:

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

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

2. When transforming the VM study subject's cost information, the potential for achieving major savings is:

A) Increased when the VM proposals improve performance
B) Improved when costs are aligned with scope increases
C) Enhanced when outputs are included in calculations
D) Greatest during the early phases of the project lifecycle

3. 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

4. Y is pointing to the

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

5. All-the-time functions are:

A) Continuous
B) Undesirable
C) A drain on resources
D) Outside the study scope

Solutions: