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SAVE International Value Methodology Associate Sample Questions:

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

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

2. One of the main purposes of the Miles Value Foundation is to:

A) Improve VM programs
B) Promote VM education
C) Manage VM certification
D) Conduct VM training

3. Y is pointing to the

A) "OR" Gate
B) Minor Logic Path
C) "AND" Gate
D) Critical Logic Path

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

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

5. An unwanted function of a hammer would be:

A) Deliver force
B) Swing arm
C) Transmit vibration
D) Apply force

Solutions: