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SAVE International Value Methodology Associate Sample Questions:

1. What function must a pen or pencil perform?

A) Write documents
B) Convey message
C) Mark surface
D) Color surface

2. Ground rules that support creative brainstorming include:

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

3. Which function is located to the left of the left vertical line in a FAST diagram?

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

4. Which of the following defines the nominal rate of increase in the value of money over time, after subtracting for inflation?

A) Present Worth (or Net Present Value)
B) Discount Rate
C) Simple Payback (or Breakeven Point)
D) Return on Investment (ROI)

5. The best study results will usually come from applying the value methodology with:

A) A multidisciplinary team with a selected set of skills
B) A team working in similar disciplines
C) An executive-level task force
D) The current project team

Solutions: