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SAVE International VMA Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Tools and Techniques | 25% | - Team dynamics and facilitation - Cost analysis and worth assessment - Decision-making and prioritization |
| Topic 2: VM Job Plan | 40% | - Function Analysis Phase
- Creative Phase - Presentation Phase - Evaluation Phase - Information Phase |
| Topic 3: Value Methodology Fundamentals | 20% | - Core principles and terminology - Historical background and standards - Definition, purpose and benefits of Value Methodology |
| Topic 4: Application and Ethics | 15% | - Application in projects, products and processes - Professional ethics and standards of practice |
SAVE International Value Methodology Associate Sample Questions:
1. Which phase enables the VM team to select viable ideas?
A) Presentation
B) Evaluation
C) Function Analysis
D) Development
2. Which of the following are tasks during the development of VM proposals? (Choose 3 answers)
A) Address technical feasibility
B) State the disposition of the proposal
C) Assess time and schedule impacts
D) Determine costs
E) Validate the proposal
3. In which phase is a large quantity of ideas or alternatives generated to accomplish the functions?
A) Evaluation Phase
B) Presentation Phase
C) Function Analysis Phase
D) Creativity Phase
4. In which phase does one work to obtain a thorough understanding of the subject of the VM study?
A) Evaluation Phase
B) Information Phase
C) Presentation Phase
D) Creativity Phase
5. The VM Job Plan provides a structured sequence of phases designed to leverage which of the following types of thinking?
A) Convergent and abstract
B) Critical and divergent
C) Divergent and abstract
D) Convergent and divergent
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A,C,D | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: D |
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