Learn with SAVE International : VMA training material for 100% pass
Updated: Sep 05, 2025
No. of Questions: 63 Questions & Answers with Testing Engine
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SAVE International Value Methodology Associate Sample Questions:
1. The VM Job Plan provides a structured sequence of phases designed to leverage which of the following types of thinking?
A) Convergent and abstract
B) Divergent and abstract
C) Convergent and divergent
D) Critical and divergent
2. Ground rules that support creative brainstorming include:
A) Focusing on prioritized functions, deferring judgment, and improving ideas.
B) Encouraging openness to ideas, freewheeling, and recording good ideas.
C) Focusing on quality ideas, discussing their merits, and maintaining momentum.
D) Requesting idea clarification, discussing cost impacts, and considering performance.
3. In which costing technique is the time value of money essential?
A) Life Cycle Cost
B) Return on Investment
C) Break-even point
D) Simple Payback
4. Which of the following is most relevant to the Evaluation Phase?
A) Weighting
B) Constraints
C) Return on Investment
D) Cost Model
5. What is the objective of the Creativity Phase?
A) Prioritize improvement ideas
B) Develop improvement ideas
C) Generate improvement ideas
D) Select improvement ideas
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: C |
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