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SAVE International VMA Exam Syllabus Topics:

SAVE International Value Methodology Associate Sample Questions:

Question 1

Which of the following defines the effects of time, value, and money, converting all costs to a common reference point in today's dollars?

A. Simple Payback (or Breakeven Point)
B. Present Worth (or Net Present Value)
C. Return on Investment (ROI)
D. Discount Rate

Question 2

The primary objective of the Information phase is to:

A. Obtain the voice of the customer
B. Create a cost model
C. Understand the subject
D. Transform information

Question 3

Which function represents the specific goals or needs for which the subject scope exists?

A. Secondary
B. Lower Order
C. Higher Order
D. Basic

Question 4

Which of the following is most relevant to the Evaluation Phase?

A. Cost Model
B. Weighting
C. Constraints
D. Return on Investment

Question 5

Which of the following defines the nominal rate of increase in the value of money over time, after subtracting for inflation?

A. Simple Payback (or Breakeven Point)
B. Present Worth (or Net Present Value)
C. Return on Investment (ROI)
D. Discount Rate

Solutions: