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SAVE International Value Methodology Associate Sample Questions:

1. The VM Job Plan provides a structured sequence of phases designed to leverage which of the following types of thinking?

A) Critical and divergent
B) Convergent and divergent
C) Divergent and abstract
D) Convergent and abstract

2. Which of the following is the risk response strategy for opportunities that seek to increase the probability of an opportunity occurring and/or the magnitude of results being beneficial?

A) Enhance
B) Mitigate
C) Exploit
D) Share

3. In which phase is a large quantity of ideas or alternatives generated to accomplish the functions?

A) Evaluation Phase
B) Function Analysis Phase
C) Creativity Phase
D) Presentation Phase

4. During the life cycle of a project or product, the greatest possibility to influence impacts and costs takes place during:

A) Operating
B) Maintaining
C) Planning
D) Organizing

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

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

Solutions: