- Exam Code: VMA
- Exam Name: Value Methodology Associate
- Certification Provider: SAVE International
- Corresponding Certification:Value Methodology
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SAVE International VMA Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Job Plan and Process | 25-30% | - Implementation phase - Function analysis phase - Presentation phase - Creative phase - Development phase - Information phase - Evaluation phase |
| Topic 2: Professional Practices | 5-10% | - Documentation requirements - Team dynamics - Communication skills - Ethical considerations |
| Topic 3: Value Methodology Fundamentals | 20-25% | - Function analysis basics - Basic concepts and terminology - History and evolution of value methodology - Value vs. cost relationship |
| Topic 4: Creative Techniques | 10-15% | - Idea generation methods - Lateral thinking - Brainstorming - Synectics |
| Topic 5: Function Analysis | 15-20% | - Function classification (Use/Esteem) - FAST diagrams - Function cost and worth - Function definition (Basic/Secondary) |
| Topic 6: Evaluation and Selection | 10-15% | - Risk assessment - Cost-performance analysis - Selection criteria |
SAVE International Value Methodology Associate Sample Questions:
1. The VM Job Plan provides a structured sequence of phases designed to leverage which of the following types of thinking?
A) Divergent and abstract
B) Critical and divergent
C) Convergent and abstract
D) Convergent and divergent
2. The Pareto Principle as applied in the Value Methodology means:
A) 20% of risks impact 80% of elements
B) 20% of elements represent 80% of the cost
C) 80% of the whole includes 20% of the resources
D) 80% of functions represent 20% of components
3. In SWOT analysis:
A) Opportunities and threats are external attributes.
B) Strengths and opportunities are internal attributes.
C) Threats and strengths are harmful attributes.
D) Strengths and weaknesses are helpful attributes.
4. Y is pointing to the
A) "OR" Gate
B) "AND" Gate
C) Critical Logic Path
D) Minor Logic Path
5. 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
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: B |
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