SAVE International VMA Exam : Value Methodology Associate

SAVE International VMA exam
  • Exam Code: VMA
  • Exam Name: Value Methodology Associate
  • Updated: Aug 17, 2026
  • Q & A: 63 Questions and Answers
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SAVE International VMA Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Job Plan and Process25-30%- Implementation phase
- Development phase
- Creative phase
- Evaluation phase
- Presentation phase
- Information phase
- Function analysis phase
Topic 2: Creative Techniques10-15%- Idea generation methods
- Lateral thinking
- Brainstorming
- Synectics
Topic 3: Professional Practices5-10%- Documentation requirements
- Team dynamics
- Ethical considerations
- Communication skills
Topic 4: Evaluation and Selection10-15%- Selection criteria
- Risk assessment
- Cost-performance analysis
Topic 5: Value Methodology Fundamentals20-25%- Value vs. cost relationship
- Basic concepts and terminology
- History and evolution of value methodology
- Function analysis basics
Topic 6: Function Analysis15-20%- Function definition (Basic/Secondary)
- Function cost and worth
- Function classification (Use/Esteem)
- FAST diagrams

SAVE International Value Methodology Associate Sample Questions:

1. Functions on a FAST diagram's function logic path follow:

A) How-Why logic
B) When-Why logic
C) And-Or logic
D) How-When logic


2. Y is pointing to the

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


3. Which of the following best describes a VM study?

A) An improvement process similar to Lean Six Sigma
B) A workshop that applies the VM facilitated by a CVS
C) A structured effort by a multidisciplinary team using the VM
D) An analysis of a completed project design by a VM team


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

A) Critical and divergent
B) Convergent and divergent
C) Divergent and abstract
D) Convergent and abstract


5. 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) Coarse, Medium, Fine
D) Medium, Fine, Coarse


Solutions:

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

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