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SAVE International Value Methodology Associate Sample Questions:

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

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

2. Which of the following are tasks during the development of VM proposals? (Choose 3 answers)

A) Determine costs
B) State the disposition of the proposal
C) Validate the proposal
D) Assess time and schedule impacts
E) Address technical feasibility

3. In which costing technique is the time value of money essential?

A) Life Cycle Cost
B) Simple Payback
C) Return on Investment
D) Break-even point

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

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

5. An unwanted function of a hammer would be:

A) Transmit vibration
B) Apply force
C) Swing arm
D) Deliver force

Solutions: