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SAVE International Value Methodology Associate Sample Questions:

1. The Pareto Principle as applied in the Value Methodology means:

A) 80% of functions represent 20% of components
B) 20% of risks impact 80% of elements
C) 20% of elements represent 80% of the cost
D) 80% of the whole includes 20% of the resources

2. Function E is the:

A) Secondary Function
B) Higher Order Function
C) Required Secondary Function
D) Basic Function

3. Which function represents the specific goals or needs for which the subject scope exists?

A) Secondary
B) Higher Order
C) Lower Order
D) Basic

4. The VM is defined by SAVE International as a:

A) Structured process
B) Specialized process
C) Sequential process
D) Systematic process

5. Which of the following letters represents the scope lines?

A) B
B) A
C) D
D) C

Solutions: