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SAVE International Value Methodology Associate Sample Questions:

1. The unique aspect of the value methodology is its application to anything that:

A) includes an activity.
B) is a subject of study.
C) performs a function.
D) is goal-oriented.

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

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

3. During the life cycle of a project or product, the greatest possibility to influence impacts and costs takes place during:

A) Maintaining
B) Organizing
C) Operating
D) Planning

4. Which of the following is the risk response strategy for opportunities that seek to increase the probability of an opportunity occurring and/or the magnitude of results being beneficial?

A) Share
B) Mitigate
C) Exploit
D) Enhance

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

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

Solutions: