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SAVE International VMA Exam Overview:
| Certification Vendor: | SAVE International |
| Exam Name: | Value Methodology Associate |
| Exam Number: | VMA |
| Exam Format: | Multiple Choice |
| Available Languages: | English |
| Certificate Validity Period: | 3 years (requires recertification) |
| Passing Score: | 70% |
| Exam Price: | USD 400 (member) / USD 600 (non-member) |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | 100 |
| Related Certifications: | CVS (Certified Value Specialist) CVS-LE (Life Cycle Costing) CVS-MU (Metrics) |
| Sample Questions: | SAVE International VMA Sample Questions |
| Exam Way: | Computer-based testing at Pearson VUE centers or paper-based exam for group administrations |
| Pre Condition: | No prerequisites required; recommended to complete VMA training course (16 hours) before taking exam |
| Official Syllabus URL: | https://www.saveintl.org/certification/vma/ |
SAVE International VMA Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Professional Practices | 5-10% | - Communication skills - Team dynamics - Ethical considerations - Documentation requirements |
| Evaluation and Selection | 10-15% | - Cost-performance analysis - Selection criteria - Risk assessment |
| Function Analysis | 15-20% | - Function cost and worth - Function classification (Use/Esteem) - Function definition (Basic/Secondary) - FAST diagrams |
| Job Plan and Process | 25-30% | - Information phase - Evaluation phase - Implementation phase - Development phase - Creative phase - Function analysis phase - Presentation phase |
| Creative Techniques | 10-15% | - Idea generation methods - Synectics - Lateral thinking - Brainstorming |
| Value Methodology Fundamentals | 20-25% | - Function analysis basics - History and evolution of value methodology - Basic concepts and terminology - Value vs. cost relationship |
SAVE International Value Methodology Associate Sample Questions:
1. Which of the following best describes a VM study?
A) An improvement process similar to Lean Six Sigma
B) An analysis of a completed project design by a VM team
C) A workshop that applies the VM facilitated by a CVS
D) A structured effort by a multidisciplinary team using the VM
2. Which phase of the VM Job Plan is considered the heart of the Value Methodology?
A) Presentation
B) Implementation
C) Creativity
D) Function Analysis
3. Which are the three main characteristics of the Value Methodology?
A) Function Analysis, brainstorming, teamwork
B) Systematic process, multidisciplinary team, qualified VM facilitator
C) Multidisciplinary team, cost reduction, function improvement
D) Systematic process, function analysis, CVS
4. Which is the correct order of steps in establishing evaluation criteria?
A) Define criteria, identify context, determine range/scale, determine importance
B) Define criteria, identify context, determine importance, determine range/scale
C) Identify context, define criteria, determine importance, determine range/scale
D) Identify context, define criteria, determine range/scale, determine importance
5. In which phases of the VM Job Plan does the VM study team use convergent thinking?
A) Information, Function Analysis, Creativity
B) Creativity, Evaluation, Development
C) Evaluation, Development, Presentation
D) Function Analysis, Creativity, Evaluation
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: C |
By Porter
