SAVE International VMA Q&A - in .pdf

  • Exam Code: VMA
  • Exam Name: Value Methodology Associate
  • Updated: Aug 05, 2026
  • Q & A: 63 Questions and Answers
  • PDF Price: $59.98
  • Printable SAVE International VMA PDF Format. It is an electronic file format regardless of the operating system platform.
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SAVE International VMA Q&A - Testing Engine

  • Exam Code: VMA
  • Exam Name: Value Methodology Associate
  • Updated: Aug 05, 2026
  • Q & A: 63 Questions and Answers
  • Install on multiple computers for self-paced, at-your-convenience training.
  • PC Test Engine Price: $59.98
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SAVE International VMA Exam Syllabus Topics:
SectionWeightObjectives
Creative Techniques10-15%- Synectics
- Brainstorming
- Lateral thinking
- Idea generation methods
Professional Practices5-10%- Ethical considerations
- Communication skills
- Team dynamics
- Documentation requirements
Evaluation and Selection10-15%- Risk assessment
- Selection criteria
- Cost-performance analysis
Job Plan and Process25-30%- Creative phase
- Information phase
- Presentation phase
- Implementation phase
- Function analysis phase
- Evaluation phase
- Development phase
Function Analysis15-20%- Function definition (Basic/Secondary)
- Function cost and worth
- FAST diagrams
- Function classification (Use/Esteem)
Value Methodology Fundamentals20-25%- Basic concepts and terminology
- Value vs. cost relationship
- History and evolution of value methodology
- Function analysis basics
SAVE International Value Methodology Associate Sample Questions:

1. Y is pointing to the

A) "OR" Gate
B) Critical Logic Path
C) "AND" Gate
D) Minor Logic Path


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

A) When-Why logic
B) How-When logic
C) And-Or logic
D) How-Why logic


3. Risks associated with a project, product, or process typically impact:

A) Resources, regulations, or time
B) Cost, requirements, or results
C) Schedule, cost, or performance
D) Time, function, or attributes


4. An effective Information Phase kickoff meeting:

A) Indicates the VM solutions desired by decision makers.
B) Describes how functions have normally been accomplished.
C) Discusses the challenges of the proposed VM study approach.
D) Outlines goals for the study subject and VM study objectives.


5. Which are the three main characteristics of the Value Methodology?

A) Systematic process, multidisciplinary team, qualified VM facilitator
B) Systematic process, function analysis, CVS
C) Function Analysis, brainstorming, teamwork
D) Multidisciplinary team, cost reduction, function improvement


Solutions:

Question # 1
Answer: B
Question # 2
Answer: D
Question # 3
Answer: C
Question # 4
Answer: D
Question # 5
Answer: A

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