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SAVE International Certified Value Specialist Sample Questions:

1. A company wants to add a new product to its manufacturing process. Who should provide input as this new product will affect the current manufacturing process?
Choose 3 answers.

A) Production
B) Human resources
C) Engineering
D) Marketing
E) Maintenance

2. Which of the following indicates the need to train managers, team members, or decision-makers in the Value Methodology?
Choose 3 answers.

A) Lack of technical expertise
B) Reluctance to participate in a value study
C) Lack of management support
D) Lack of funding
E) Poor results

3. Match each Phase with its correct question:

4. Lower-order functions are
Choose 2 answers.

A) located outside of the right scope line.
B) generally determined by the customer.
C) an output of the VM Study.
D) referred to as "assumed" functions.

5. Which of the following are inputs to the Presentation Phase?
Choose 3 answers.

A) Disposition decision
B) VM proposals
C) List of participants
D) VM study subject information
E) VM study report

Solutions: