Online Access Free VMA Practice Test

The Development Phase involves which of the following steps?

• A.Assign ideas to VM study team members
• B.Prioritize ideas
• C.Determine verb-noun combinations for ideas
• D.Model the cost of ideas

Which is the correct order of steps involved in risk management?

• A.Risk Management Planning, Risk Identification, Risk Analysis, Risk Response Planning, Risk Monitoring and Control
• B.Risk Identification, Risk Management Planning, Risk Analysis, Risk Response Planning, Risk Monitoring and Control
• C.Risk Management Planning, Risk Identification, Risk Response Planning, Risk Analysis, Risk Monitoring and Control
• D.Risk Management Planning, Risk Analysis, Risk Identification, Risk Response Planning, Risk Monitoring and Control

Which of the following best describes a VM study?

• A.It is a structured effort using the VM process to improve value
• B.Must be led by a Certified Value Specialist
• C.Is considered a business improvement best practice
• D.Is undertaken after the design is completed

Functions on a FAST diagram's function logic path follow:

• A.How-When logic
• B.How-Why logic
• C.And-Or logic
• D.When-Why logic

Which of the following functions is a Subject Objective?

• A.Function R
• B.Function O
• C.Function Q
• D.Function P