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Value Methodology Value Methodology Associate

Value Methodology Associate

Last Update Jul 30, 2025
Total Questions : 61

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Questions 2

What is the correct order for the three levels of filters used for evaluating ideas during the Evaluation Phase?

Options:

A.  

Medium, Coarse, Fine

B.  

Coarse, Medium, Fine

C.  

Medium, Fine, Coarse

D.  

Coarse, Fine, Medium

Discussion 0
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Questions 3

What is a function of a teacup?

Options:

A.  

Provide container

B.  

Allow drinking

C.  

Contain tea

D.  

Contain liquid

Discussion 0
Questions 4

Which are the three main characteristics of the Value Methodology?

Options:

A.  

Systematic process, function analysis, CVS

B.  

Function Analysis, brainstorming, teamwork

C.  

Systematic process, multidisciplinary team, qualified VM facilitator

D.  

Multidisciplinary team, cost reduction, function improvement

Discussion 0
Questions 5

If an organization invests $160,000 in a new software system that improves analysis and reduces annual costs by $3,000 per year, the payback period would be approximately:

Options:

A.  

45 years

B.  

50 years

C.  

53 years

D.  

56 years

Discussion 0

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