SAVE International VMA : Value Methodology Associate

  • Exam Code: VMA
  • Exam Name: Value Methodology Associate
  • Updated: Aug 19, 2026
  • Q & A: 63 Questions and Answers

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SAVE International VMA Exam Syllabus Topics:

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

      SAVE International Value Methodology Associate Sample Questions:

      1. The Development Phase involves which of the following steps?

      A) Model the cost of ideas
      B) Assign ideas to VM study team members
      C) Determine verb-noun combinations for ideas
      D) Prioritize ideas


      2. What is a function of a teacup?

      A) Contain liquid
      B) Allow drinking
      C) Contain tea
      D) Provide container


      3. Y is pointing to the

      A) Minor Logic Path
      B) "AND" Gate
      C) "OR" Gate
      D) Critical Logic Path


      4. What is the correct order for the three levels of filters used for evaluating ideas during the Evaluation Phase?

      A) Medium, Fine, Coarse
      B) Coarse, Fine, Medium
      C) Medium, Coarse, Fine
      D) Coarse, Medium, Fine


      5. Which of the following best defines an activity?

      A) A task, action, or operation that describes how a function is performed
      B) A specific task, action, or operation with a high level of abstraction
      C) A specific task, action, or operation that is generic and changes viewpoints
      D) A task, action, or operation that describes why a function is performed


      Solutions:

      Question # 1
      Answer: A
      Question # 2
      Answer: A
      Question # 3
      Answer: D
      Question # 4
      Answer: D
      Question # 5
      Answer: A

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