Value Methodology Associate: VMA Exam
"Value Methodology Associate", also known as VMA exam, is a SAVE International Certification. With the complete collection of questions and answers, PrepPDF has assembled to take you through 63 Q&As to your VMA Exam preparation. In the VMA exam resources, you will cover every field and category in Value Methodology Certification helping to ready you for your successful SAVE International Certification.
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- Exam Code: VMA
- Exam Name: Value Methodology Associate
- Certification Provider: SAVE International
- Corresponding Certification: Value Methodology
- Updated: Aug 11, 2026
- No. of Questions: 63 Questions & Answers with Testing Engine
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SAVE International VMA Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Value Methodology Fundamentals | 20% | - Core principles and terminology - Historical background and standards - Definition, purpose and benefits of Value Methodology |
| Topic 2: VM Job Plan | 40% | - Information Phase - Function Analysis Phase
- Evaluation Phase - Development Phase - Presentation Phase |
| Topic 3: Tools and Techniques | 25% | - Decision-making and prioritization - Cost analysis and worth assessment - Team dynamics and facilitation |
| Topic 4: Application and Ethics | 15% | - Professional ethics and standards of practice - Application in projects, products and processes |
SAVE International Value Methodology Associate Sample Questions:
1. What is the correct order for the three levels of filters used for evaluating ideas during the Evaluation Phase?
A) Medium, Coarse, Fine
B) Coarse, Fine, Medium
C) Medium, Fine, Coarse
D) Coarse, Medium, Fine
2. "When" is represented by which of the following letters?
A) A
B) C
C) B
D) D
3. Which of the following best describes a VM study?
A) A structured effort by a multidisciplinary team using the VM
B) A workshop that applies the VM facilitated by a CVS
C) An analysis of a completed project design by a VM team
D) An improvement process similar to Lean Six Sigma
4. Ground rules that support creative brainstorming include:
A) Focusing on quality ideas, discussing their merits, and maintaining momentum.
B) Focusing on prioritized functions, deferring judgment, and improving ideas.
C) Encouraging openness to ideas, freewheeling, and recording good ideas.
D) Requesting idea clarification, discussing cost impacts, and considering performance.
5. Identify which are key data used to transform information for a product value study:
A) Flow diagrams, latest cost estimate, labor reports, drawings, site plan, regulatory requirements
B) Customer demographics, overhead cost, drawings, competitive analysis, sample components, labor reports
C) Design objectives, original cost estimate, drawings, specifications, resource models, customer demographics
D) Customer requirements, overhead cost, competitive analysis, sample components, packaging requirements, warranty information
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: C |
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