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SAVE International VMA Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: VM Job Plan | 40% | - Development Phase - Evaluation Phase - Presentation Phase - Creative Phase - Information Phase - Function Analysis Phase
|
| Topic 2: Tools and Techniques | 25% | - Team dynamics and facilitation - Decision-making and prioritization - Cost analysis and worth assessment |
| Topic 3: Value Methodology Fundamentals | 20% | - Historical background and standards - Definition, purpose and benefits of Value Methodology - Core principles and terminology |
| Topic 4: Application and Ethics | 15% | - Application in projects, products and processes - Professional ethics and standards of practice |
SAVE International Value Methodology Associate Sample Questions:
1. Which of the following is most relevant to the Evaluation Phase?
A) Constraints
B) Weighting
C) Cost Model
D) Return on Investment
2. Which of the following letters represents the scope lines?
A) C
B) B
C) D
D) A
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, Observation, Experimentation, Conclusion
B) Hypothesis, Experimentation, Observation, Conclusion
C) Observation, Experimentation, Hypothesis, Conclusion
D) Observation, Hypothesis, Experimentation, Conclusion
4. Which of the following functions is a Subject Objective?
A) Function P
B) Function R
C) Function Q
D) Function O
5. What is the correct sequence of the last four phases of the Value Methodology Job Plan?
A) Evaluation, Development, Presentation, and Implementation
B) Development, Evaluation, Presentation, and Implementation
C) Evaluation, Development, Implementation, and Presentation
D) Development, Presentation, Evaluation, and Implementation
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A |



