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SAVE International Value Methodology Associate Sample Questions:

1. Which is the correct order of steps in establishing evaluation criteria?

A) Define criteria, identify context, determine importance, determine range/scale
B) Define criteria, identify context, determine range/scale, determine importance
C) Identify context, define criteria, determine range/scale, determine importance
D) Identify context, define criteria, determine importance, determine range/scale

2. Which of the following techniques involves capturing input from multiple customers and stakeholders at the same time?

A) Focus panels
B) Interviews
C) Questionnaires
D) Surveys

3. In SWOT analysis:

A) Strengths and opportunities are internal attributes.
B) Threats and strengths are harmful attributes.
C) Opportunities and threats are external attributes.
D) Strengths and weaknesses are helpful attributes.

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

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

5. Which of the following best describes a VM study?

A) An improvement process similar to Lean Six Sigma
B) An analysis of a completed project design by a VM team
C) A structured effort by a multidisciplinary team using the VM
D) A workshop that applies the VM facilitated by a CVS

Solutions: