SAVE International VMA : Value Methodology Associate

VMA real exams

Exam Code: VMA

Exam Name: Value Methodology Associate

Updated: Nov 05, 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
- Team dynamics
- Documentation requirements
Topic 2: Creative Techniques10-15%- Idea generation methods
- Lateral thinking
- Brainstorming
- Synectics
Topic 3: Evaluation and Selection10-15%- Selection criteria
- Cost-performance analysis
- Risk assessment
Topic 4: Function Analysis15-20%- FAST diagrams
- Function definition (Basic/Secondary)
- Function classification (Use/Esteem)
- Function cost and worth
Topic 5: Job Plan and Process25-30%- Evaluation phase
- Implementation phase
- Development phase
- Presentation phase
- Information phase
- Creative phase
- Function analysis phase
Topic 6: Value Methodology Fundamentals20-25%- Basic concepts and terminology
- Value vs. cost relationship
- Function analysis basics
- History and evolution of value methodology

SAVE International Value Methodology Associate Sample Questions:

Question #1

Which are the three main characteristics of the Value Methodology?

  • A. Systematic process, multidisciplinary team, qualified VM facilitator
  • B. Multidisciplinary team, cost reduction, function improvement
  • C. Systematic process, function analysis, CVS
  • D. Function Analysis, brainstorming, teamwork
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #2

The Pareto Principle as applied in the Value Methodology means:

  • A. 80% of the whole includes 20% of the resources
  • B. 80% of functions represent 20% of components
  • C. 20% of risks impact 80% of elements
  • D. 20% of elements represent 80% of the cost
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #3

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

  • A. Transport Mass
  • B. Transport Goods
  • C. Provide Transportation
  • D. Move People
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #4

The primary objective of the Information phase is to:

  • A. Transform information
  • B. Understand the subject
  • C. Obtain the voice of the customer
  • D. Create a cost model
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #5

Which of the following defines the nominal rate of increase in the value of money over time, after subtracting for inflation?

  • A. Present Worth (or Net Present Value)
  • B. Simple Payback (or Breakeven Point)
  • C. Discount Rate
  • D. Return on Investment (ROI)
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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