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SAVE International VMA Exam Syllabus Topics:

SAVE International Value Methodology Associate Sample Questions:

1. One of the main purposes of the Miles Value Foundation is to:

A) Promote VM education
B) Conduct VM training
C) Improve VM programs
D) Manage VM certification

2. The primary objective of the Information phase is to:

A) Transform information
B) Obtain the voice of the customer
C) Create a cost model
D) Understand the subject

3. Risks associated with a project, product, or process typically impact:

A) Cost, requirements, or results
B) Schedule, cost, or performance
C) Resources, regulations, or time
D) Time, function, or attributes

4. An effective Information Phase kickoff meeting:

A) Indicates the VM solutions desired by decision makers.
B) Outlines goals for the study subject and VM study objectives.
C) Discusses the challenges of the proposed VM study approach.
D) Describes how functions have normally been accomplished.

5. The original VM Job Plan was based on a problem-solving approach. Which is the correct order of the four steps comprising this approach?

A) Hypothesis, Observation, Experimentation, Conclusion
B) Hypothesis, Experimentation, Observation, Conclusion
C) Observation, Experimentation, Hypothesis, Conclusion
D) Observation, Hypothesis, Experimentation, Conclusion

Solutions: