SAVE International VMA Valid Test : Value Methodology Associate

  • Exam Code: VMA
  • Exam Name: Value Methodology Associate
  • Updated: Aug 12, 2026
  • Q&As: 63 Questions and Answers

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SAVE International VMA Exam Syllabus Topics:

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

                              SAVE International Value Methodology Associate Sample Questions:

                              1. All-the-time functions are:

                              A) A drain on resources
                              B) Undesirable
                              C) Continuous
                              D) Outside the study scope


                              2. Within the scope of a residential door (including the door frame, hinges, lock set, and door handle), which of the following does not contain activities?

                              A) Restrict access, improve safety, transmit force
                              B) Rotate door, support load, grasp handle
                              C) Connect spaces, construct frame, attract user
                              D) Install screws, separate spaces, secure space


                              3. "When" is represented by which of the following letters?

                              A) C
                              B) B
                              C) D
                              D) A


                              4. Which of the three levels of filters used for evaluating ideas during the Evaluation Phase applies an evaluation matrix technique?

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


                              5. Which of the following techniques involves capturing input from multiple customers and stakeholders at the same time?

                              A) Questionnaires
                              B) Focus panels
                              C) Surveys
                              D) Interviews


                              Solutions:

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

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