SAVE International VMA exam dumps : Value Methodology Associate

  • Exam Code: VMA
  • Exam Name: Value Methodology Associate
  • Updated: Oct 03, 2026     Q & A: 63 Questions and Answers

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SAVE International VMA Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Professional Practices5-10%- Team dynamics
- Communication skills
- Ethical considerations
- Documentation requirements
Topic 2: Evaluation and Selection10-15%- Risk assessment
- Cost-performance analysis
- Selection criteria
Topic 3: Value Methodology Fundamentals20-25%- Basic concepts and terminology
- Value vs. cost relationship
- History and evolution of value methodology
- Function analysis basics
Topic 4: Function Analysis15-20%- Function definition (Basic/Secondary)
- Function classification (Use/Esteem)
- Function cost and worth
- FAST diagrams
Topic 5: Creative Techniques10-15%- Idea generation methods
- Lateral thinking
- Synectics
- Brainstorming
Topic 6: Job Plan and Process25-30%- Implementation phase
- Information phase
- Presentation phase
- Function analysis phase
- Evaluation phase
- Development phase
- Creative phase

SAVE International Value Methodology Associate Sample Questions:

Question #1

The VM is defined by SAVE International as a:

  • A. Specialized process
  • B. Structured process
  • C. Systematic process
  • D. Sequential process
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #2

In which phase does one work to obtain a thorough understanding of the subject of the VM study?

  • A. Creativity Phase
  • B. Evaluation Phase
  • C. Information Phase
  • D. Presentation Phase
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #3

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

  • A. Higher Order
  • B. Basic
  • C. Lower Order
  • D. Secondary
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #4

Ground rules that support creative brainstorming include:

  • A. Requesting idea clarification, discussing cost impacts, and considering performance.
  • B. Focusing on prioritized functions, deferring judgment, and improving ideas.
  • C. Encouraging openness to ideas, freewheeling, and recording good ideas.
  • D. Focusing on quality ideas, discussing their merits, and maintaining momentum.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #5

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

  • A. Risk Management Planning, Risk Analysis, Risk Identification, 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 Identification, Risk Analysis, Risk Response Planning, Risk Monitoring and Control
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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