SAVE International VMA : Value Methodology Associate

  • Exam Code: VMA
  • Exam Name: Value Methodology Associate
  • Updated: Oct 05, 2026
  • Q & A: 63 Questions and Answers

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SAVE International VMA Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Value Methodology Fundamentals20%- Definition, purpose and benefits of Value Methodology
- Core principles and terminology
- Historical background and standards
Topic 2: Tools and Techniques25%- Decision-making and prioritization
- Cost analysis and worth assessment
- Team dynamics and facilitation
Topic 3: Application and Ethics15%- Professional ethics and standards of practice
- Application in projects, products and processes
Topic 4: VM Job Plan40%- Development Phase
- Information Phase
- Function Analysis Phase
  • 1. FAST diagrams and function logic
    • 2. Function definition and classification
      - Evaluation Phase
      - Creative Phase
      - Presentation Phase

      SAVE International Value Methodology Associate Sample Questions:

      Question #1

      In which phase is a large quantity of ideas or alternatives generated to accomplish the functions?

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

      Correct Answer: B  🗳️

      Explanation: Only visible for Free4Torrent members. You can sign-up / login (it's free).

      Question #2

      What is the correct sequence of the last four phases of the Value Methodology Job Plan?

      • A. Development, Evaluation, Presentation, and Implementation
      • B. Evaluation, Development, Implementation, and Presentation
      • C. Evaluation, Development, Presentation, and Implementation
      • D. Development, Presentation, Evaluation, and Implementation
      Reveal Solution  Discussion  0

      Correct Answer: C  🗳️

      Question #3

      Which is the correct order of steps in establishing evaluation criteria?

      • A. Define criteria, identify context, determine range/scale, determine importance
      • B. Define criteria, identify context, determine importance, determine range/scale
      • C. Identify context, define criteria, determine importance, determine range/scale
      • D. Identify context, define criteria, determine range/scale, determine importance
      Reveal Solution  Discussion  0

      Correct Answer: C  🗳️

      Explanation: Only visible for Free4Torrent members. You can sign-up / login (it's free).

      Question #4

      Which of the following best describes a VM study?

      • A. An improvement process similar to Lean Six Sigma
      • B. A workshop that applies the VM facilitated by a CVS
      • C. An analysis of a completed project design by a VM team
      • D. A structured effort by a multidisciplinary team using the VM
      Reveal Solution  Discussion  0

      Correct Answer: D  🗳️

      Explanation: Only visible for Free4Torrent members. You can sign-up / login (it's free).

      Question #5

      Which of the following functions is a Subject Objective?

      • A. Function Q
      • B. Function O
      • C. Function R
      • D. Function P
      Reveal Solution  Discussion  0

      Correct Answer: D  🗳️

      Explanation: Only visible for Free4Torrent members. You can sign-up / login (it's free).

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