SAVE International VMA Exam Questions : Value Methodology Associate

  • Exam Code: VMA
  • Exam Name: Value Methodology Associate
  • Updated: Jul 26, 2026
  • Q&As: 63 Questions and Answers

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SAVE International VMA Exam Syllabus Topics:

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

      SAVE International Value Methodology Associate Sample Questions:

      1. The primary objective of the Information phase is to:

      A) Create a cost model
      B) Obtain the voice of the customer
      C) Understand the subject
      D) Transform information


      2. A Random Function Identification table contains:

      A) Inputs, objectives, and sequence
      B) Elements, functions, and classifications
      C) Costs, time, and risks
      D) Components, resources, and criteria


      3. Which of the following is a basic function of a bicycle?

      A) Transport Goods
      B) Transport Mass
      C) Move People
      D) Provide Transportation


      4. Which of the following letters represents the scope lines?

      A) D
      B) B
      C) C
      D) A


      5. Function E is the:

      A) Secondary Function
      B) Required Secondary Function
      C) Higher Order Function
      D) Basic Function


      Solutions:

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

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