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SAVE International VMA Exam Syllabus Topics:

SAVE International Value Methodology Associate Sample Questions:

1. Y is pointing to the

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

2. What is the term for the vertical demarcations on the left and right of a FAST diagram?

A) When Direction Lines
B) Subject Lines
C) Scope Lines
D) Function Logic Lines

3. Ground rules that support creative brainstorming include:

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

4. If an organization invests $160,000 in a new software system that improves analysis and reduces annual costs by $3,000 per year, the payback period would be approximately:

A) 53 years
B) 50 years
C) 45 years
D) 56 years

5. In which phase does one work to obtain a thorough understanding of the subject of the VM study?

A) Evaluation Phase
B) Creativity Phase
C) Presentation Phase
D) Information Phase

Solutions: