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SAVE International VMA Exam Syllabus Topics:

SAVE International Value Methodology Associate Sample Questions:

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

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

2. Within the scope of a residential door (including the door frame, hinges, lock set, and door handle), which of the following does not contain activities?

A) Restrict access, improve safety, transmit force
B) Install screws, separate spaces, secure space
C) Connect spaces, construct frame, attract user
D) Rotate door, support load, grasp handle

3. What function must a pen or pencil perform?

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

4. Function E is the:

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

5. The Value Methodology is:

A) An eight-phase process to improve value.
B) A cost reduction exercise to improve value.
C) A step-by-step design review to improve value.
D) A suggestion program to improve value.

Solutions: