SAVE International VMA Actual Tests : Value Methodology Associate

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SAVE International VMA Exam Syllabus Topics:

SAVE International Value Methodology Associate Sample Questions:

1. "When" is represented by which of the following letters?

A) A
B) D
C) C
D) B

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

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

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

4. Which of the three levels of filters used for evaluating ideas during the Evaluation Phase applies an evaluation matrix technique?

A) Medium
B) Coarse
C) Reasonable
D) Fine

5. Which phase enables the VM team to select viable ideas?

A) Function Analysis
B) Presentation
C) Development
D) Evaluation

Solutions: