VMA Practice Questions

A.  

Esteem Value

B.  

Exchange Value

C.  

Use Value

D.  

Cost Value

A.  

Understand the subject

B.  

Obtain the voice of the customer

C.  

Create a cost model

D.  

Transform information

A.  

Flow diagrams, latest cost estimate, labor reports, drawings, site plan, regulatory requirements

B.  

Customer requirements, overhead cost, competitive analysis, sample components, packaging requirements, warranty information

C.  

Design objectives, original cost estimate, drawings, specifications, resource models, customer demographics

D.  

Customer demographics, overhead cost, drawings, competitive analysis, sample components, labor reports

A.  

A

B.  

B

C.  

C

D.  

D

A.  

Creativity, Evaluation, Development

B.  

Information, Function Analysis, Creativity

C.  

Evaluation, Development, Presentation

D.  

Function Analysis, Creativity, Evaluation

A.  

20% of risks impact 80% of elements

B.  

20% of elements represent 80% of the cost

C.  

80% of functions represent 20% of components

D.  

80% of the whole includes 20% of the resources

A.  

Swing arm

B.  

Apply force

C.  

Deliver force

D.  

Transmit vibration

A.  

An analysis of a completed project design by a VM team

B.  

An improvement process similar to Lean Six Sigma

C.  

A workshop that applies the VM facilitated by a CVS

D.  

A structured effort by a multidisciplinary team using the VM