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SAVE International VMA Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Tools and Techniques | 25% | - Cost analysis and worth assessment - Decision-making and prioritization - Team dynamics and facilitation |
| Topic 2: Value Methodology Fundamentals | 20% | - Core principles and terminology - Historical background and standards - Definition, purpose and benefits of Value Methodology |
| Topic 3: VM Job Plan | 40% | - Information Phase - Function Analysis Phase
- Creative Phase - Presentation Phase - Evaluation Phase |
| 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 sequence of the last four phases of the Value Methodology Job Plan?
A) Development, Evaluation, Presentation, and Implementation
B) Evaluation, Development, Implementation, and Presentation
C) Development, Presentation, Evaluation, and Implementation
D) Evaluation, Development, Presentation, and Implementation
2. Ground rules that support creative brainstorming include:
A) Focusing on quality ideas, discussing their merits, and maintaining momentum.
B) Requesting idea clarification, discussing cost impacts, and considering performance.
C) Focusing on prioritized functions, deferring judgment, and improving ideas.
D) Encouraging openness to ideas, freewheeling, and recording good ideas.
3. What is a function of a teacup?
A) Contain liquid
B) Contain tea
C) Allow drinking
D) Provide container
4. The primary objective of the Information phase is to:
A) Create a cost model
B) Understand the subject
C) Obtain the voice of the customer
D) Transform information
5. Which function is located to the left of the left vertical line in a FAST diagram?
A) Basic Function
B) Secondary Function
C) Lower Order Function
D) Higher Order Function
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: D |
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