SAVE International VMA : Value Methodology Associate

  • Exam Code: VMA
  • Exam Name: Value Methodology Associate
  • Updated: Oct 05, 2026
  • Q & A: 63 Questions and Answers

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SAVE International VMA Exam Syllabus Topics:

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

                              SAVE International Value Methodology Associate Sample Questions:

                              Question #1

                              What is the correct sequence of the last four phases of the Value Methodology Job Plan?

                              • A. Evaluation, Development, Implementation, and Presentation
                              • B. Development, Evaluation, Presentation, and Implementation
                              • C. Evaluation, Development, Presentation, and Implementation
                              • D. Development, Presentation, Evaluation, and Implementation
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

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

                              Question #2

                              Which of the following are ground rules of the Creativity Phase? (Choose 3 answers)

                              • A. Emphasize cost savings
                              • B. Emphasize quality rather than quantity
                              • C. Establish an ambitious goal for the number of ideas
                              • D. Apply the "Principle of Deferred Judgment"
                              • E. Encourage "Free-Wheeling" of ideas
                              Reveal Solution  Discussion  0

                              Correct Answer: C,D,E  🗳️

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

                              Question #3

                              The VM Job Plan provides a structured sequence of phases designed to leverage which of the following types of thinking?

                              • A. Convergent and divergent
                              • B. Convergent and abstract
                              • C. Divergent and abstract
                              • D. Critical and divergent
                              Reveal Solution  Discussion  0

                              Correct Answer: A  🗳️

                              Explanation: Only visible for ValidVCE 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. Basic Function
                              • B. Higher Order Function
                              • C. Lower Order Function
                              • D. Secondary Function
                              Reveal Solution  Discussion  0

                              Correct Answer: B  🗳️

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

                              Question #5

                              What is the term for the vertical demarcations on the left and right of a FAST diagram?

                              • A. When Direction Lines
                              • B. Subject Lines
                              • C. Function Logic Lines
                              • D. Scope Lines
                              Reveal Solution  Discussion  0

                              Correct Answer: D  🗳️

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

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