SAVE International Value Methodology Associate : VMA

  • Exam Code: VMA
  • Exam Name: Value Methodology Associate
  • Updated: Sep 13, 2026     Q & A: 63 Questions and Answers

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SAVE International VMA Exam Syllabus Topics:

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

SAVE International Value Methodology Associate Sample Questions:

Question #1

Which of the following functions is a Subject Objective?

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

Correct Answer: C  🗳️

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Question #2

In SWOT analysis:

  • A. Strengths and weaknesses are helpful attributes.
  • B. Threats and strengths are harmful attributes.
  • C. Opportunities and threats are external attributes.
  • D. Strengths and opportunities are internal attributes.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #3

The original VM Job Plan was based on a problem-solving approach. Which is the correct order of the four steps comprising this approach?

  • A. Hypothesis, Experimentation, Observation, Conclusion
  • B. Observation, Experimentation, Hypothesis, Conclusion
  • C. Hypothesis, Observation, Experimentation, Conclusion
  • D. Observation, Hypothesis, Experimentation, Conclusion
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #4

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

  • A. Cost, requirements, or results
  • B. Schedule, cost, or performance
  • C. Resources, regulations, or time
  • D. Time, function, or attributes
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #5

What is a function of a teacup?

  • A. Provide container
  • B. Allow drinking
  • C. Contain liquid
  • D. Contain tea
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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