SAVE International VMA Exam : Value Methodology Associate

  • Exam Code: VMA
  • Exam Name: Value Methodology Associate
  • Updated: Sep 16, 2026
  • Q & A: 63 Questions and Answers

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SAVE International VMA Exam Syllabus Topics:

SectionObjectives
Value Methodology Fundamentals- VM Job Plan Basics
  • 1. Evaluation Phase
    • 2. Information Phase
      • 3. Function Analysis Phase
        • 4. Creative Phase Concepts
          - Core Value Methodology Concepts
          • 1. Function Analysis System Technique (FAST)
            • 2. Life Cycle Costing Basics
              • 3. Value Types (Use, Exchange, Cost, Esteem)
                Value Engineering Principles- Evaluation and Selection
                • 1. Cost-Function Analysis
                  • 2. Idea Screening
                    - Team-Based Workshop Approach
                    • 1. Brainstorming Techniques
                      • 2. Multidisciplinary Team Collaboration
                        Financial and Analytical Tools- Cost Analysis Methods
                        • 1. Break-even Analysis
                          • 2. Net Present Value (NPV)
                            • 3. Return on Investment (ROI)

                              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 R
                              • D. Function P
                              Reveal Solution  Discussion  0

                              Correct Answer: D  🗳️

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

                              Question #2

                              During the life cycle of a project or product, the greatest possibility to influence impacts and costs takes place during:

                              • A. Organizing
                              • B. Maintaining
                              • C. Planning
                              • D. Operating
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

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

                              Question #3

                              In SWOT analysis:

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

                              Correct Answer: A  🗳️

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

                              Question #4

                              Which function is located to the left of the left vertical line in a FAST diagram?

                              • A. Lower Order Function
                              • B. Basic Function
                              • C. Higher Order Function
                              • D. Secondary Function
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

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

                              Question #5

                              An unwanted function of a hammer would be:

                              • A. Deliver force
                              • B. Transmit vibration
                              • C. Apply force
                              • D. Swing arm
                              Reveal Solution  Discussion  0

                              Correct Answer: B  🗳️

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

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