SAVE International VMA : Value Methodology Associate

  • Exam Code: VMA
  • Exam Name: Value Methodology Associate
  • Updated: Oct 11, 2026
  • Q & A: 63 Questions and Answers

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SAVE International VMA Exam Syllabus Topics:

SectionObjectives
Topic 1: Value Methodology Fundamentals- VM Job Plan Basics
  • 1. Evaluation Phase
    • 2. Function Analysis Phase
      • 3. Creative Phase Concepts
        • 4. Information Phase
          - Core Value Methodology Concepts
          • 1. Function Analysis System Technique (FAST)
            • 2. Life Cycle Costing Basics
              • 3. Value Types (Use, Exchange, Cost, Esteem)
                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- Evaluation and Selection
                      • 1. Idea Screening
                        • 2. Cost-Function Analysis
                          - Team-Based Workshop Approach
                          • 1. Brainstorming Techniques
                            • 2. Multidisciplinary Team Collaboration

                              SAVE International Value Methodology Associate Sample Questions:

                              Question #1

                              Which of the following defines the nominal rate of increase in the value of money over time, after subtracting for inflation?

                              • A. Simple Payback (or Breakeven Point)
                              • B. Present Worth (or Net Present Value)
                              • C. Discount Rate
                              • D. Return on Investment (ROI)
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

                              Explanation: Only visible for Free4Torrent members. You can sign-up / login (it's free).

                              Question #2

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

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

                              Correct Answer: B  🗳️

                              Explanation: Only visible for Free4Torrent members. You can sign-up / login (it's free).

                              Question #3

                              The unique aspect of the value methodology is its application to anything that:

                              • A. performs a function.
                              • B. includes an activity.
                              • C. is a subject of study.
                              • D. is goal-oriented.
                              Reveal Solution  Discussion  0

                              Correct Answer: A  🗳️

                              Explanation: Only visible for Free4Torrent members. You can sign-up / login (it's free).

                              Question #4

                              When transforming the VM study subject's cost information, the potential for achieving major savings is:

                              • A. Enhanced when outputs are included in calculations
                              • B. Greatest during the early phases of the project lifecycle
                              • C. Increased when the VM proposals improve performance
                              • D. Improved when costs are aligned with scope increases
                              Reveal Solution  Discussion  0

                              Correct Answer: B  🗳️

                              Explanation: Only visible for Free4Torrent members. You can sign-up / login (it's free).

                              Question #5

                              Which of the following is most relevant to the Evaluation Phase?

                              • A. Weighting
                              • B. Cost Model
                              • C. Constraints
                              • D. Return on Investment
                              Reveal Solution  Discussion  0

                              Correct Answer: A  🗳️

                              Explanation: Only visible for Free4Torrent members. You can sign-up / login (it's free).

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