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SAVE International Value Methodology Associate Sample Questions:

1. Which of the following is a basic function of a bicycle?

A) Provide Transportation
B) Transport Goods
C) Move People
D) Transport Mass

2. If an organization invests $160,000 in a new software system that improves analysis and reduces annual costs by $3,000 per year, the payback period would be approximately:

A) 56 years
B) 53 years
C) 45 years
D) 50 years

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

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

4. What is the correct sequence of the last four phases of the Value Methodology Job Plan?

A) Development, Presentation, Evaluation, and Implementation
B) Evaluation, Development, Implementation, and Presentation
C) Evaluation, Development, Presentation, and Implementation
D) Development, Evaluation, Presentation, and Implementation

5. What is the correct sequence of the last four phases of the Value Methodology Job Plan?

A) Development, Presentation, Evaluation, and Implementation
B) Evaluation, Development, Implementation, and Presentation
C) Evaluation, Development, Presentation, and Implementation
D) Development, Evaluation, Presentation, and Implementation

Solutions: