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SAVE International Certified Value Specialist Sample Questions:

1. During the Creativity Phase, the VM Study Team is identifying options that are out of the scope of the study.
The Facilitator should

A) Have the group vote on adjusting the scope of the VM study.
B) Remind the VM Team that the suggested ideas are out of scope.
C) Review the VM Job Plan and adjust the schedule.
D) Discuss and confirm the study scope with the VM Team and study sponsor.

2. Projects generally begin with basic assumptions. These can become criteria or "requirements." What should the VM study team do with these assumptions?
Choose 2 answers.

A) Challenge them with facts
B) Accept them as facts
C) Replace them
D) Verify them

3. On the function logic path in a FAST diagram.
Choose 3 answers.

A) Changing a function on the function logic path affects all functions to the right of that function.
B) The function on the right expresses the approach to perform the function on the left.
C) The function on the left expresses the approach to perform the function on the right.
D) The function on the left expresses the goal of the function on the right.
E) The function on the right expresses the goal of the function on the left.
F) Changing a function on the function logic path affects all functions to the left of that function.

4. Which of the following strategies should be used to enhance understanding of VM proposals presented during the Presentation Phase?
Choose 2 answers.

A) Provide clear explanations and context for each graphic presented.
B) Rely solely on the graphics without verbal explanations.
C) Use baseline and proposed graphics at a similar level of complexity.
D) Include as many graphics as possible to showcase creativity.

5. Which of the following activities should a VM Facilitator recommend decision-makers conduct prior to the disposition of VM proposals?

A) Review VM proposals
B) Develop the Implementation Plan
C) Resolve VM proposals
D) Further develop VM proposals

Solutions: