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SAVE International VMA Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Tools and Techniques | 25% | - Decision-making and prioritization - Cost analysis and worth assessment - Team dynamics and facilitation |
| VM Job Plan | 40% | - Function Analysis Phase
- Creative Phase - Evaluation Phase - Information Phase - Development Phase |
| Application and Ethics | 15% | - Application in projects, products and processes - Professional ethics and standards of practice |
| Value Methodology Fundamentals | 20% | - Core principles and terminology - Definition, purpose and benefits of Value Methodology - Historical background and standards |
SAVE International Value Methodology Associate Sample Questions:
1. The best study results will usually come from applying the value methodology with:
A) An executive-level task force
B) The current project team
C) A team working in similar disciplines
D) A multidisciplinary team with a selected set of skills
2. The unique aspect of the value methodology is its application to anything that:
A) is goal-oriented.
B) includes an activity.
C) is a subject of study.
D) performs a function.
3. An unwanted function of a hammer would be:
A) Apply force
B) Deliver force
C) Transmit vibration
D) Swing arm
4. A Random Function Identification table contains:
A) Components, resources, and criteria
B) Elements, functions, and classifications
C) Inputs, objectives, and sequence
D) Costs, time, and risks
5. Which are the three main characteristics of the Value Methodology?
A) Systematic process, multidisciplinary team, qualified VM facilitator
B) Systematic process, function analysis, CVS
C) Function Analysis, brainstorming, teamwork
D) Multidisciplinary team, cost reduction, function improvement
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: A |
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