Study and Prepare with SAVE International VMA study material, That's Easy to pass With PracticeMaterial!
Updated: Jul 19, 2026
No. of Questions: 63 Questions & Answers with Testing Engine
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| Certification Vendor: | SAVE International |
| Exam Name: | Value Methodology Associate |
| Exam Number: | VMA |
| Related Certifications: | CVS (Certified Value Specialist) CVS-LE (Life Cycle Costing) CVS-MU (Metrics) |
| Real Exam Qty: | 100 |
| Passing Score: | 70% |
| Available Languages: | English |
| Certificate Validity Period: | 3 years (requires recertification) |
| Exam Price: | USD 400 (member) / USD 600 (non-member) |
| Exam Duration: | 120 minutes |
| Exam Format: | Multiple Choice |
| Sample Questions: | SAVE International VMA Sample Questions |
| Exam Way: | Computer-based testing at Pearson VUE centers or paper-based exam for group administrations |
| Pre Condition: | No prerequisites required; recommended to complete VMA training course (16 hours) before taking exam |
| Official Syllabus URL: | https://www.saveintl.org/certification/vma/ |
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Creative Techniques | 10-15% | - Lateral thinking - Brainstorming - Idea generation methods - Synectics |
| Topic 2: Function Analysis | 15-20% | - FAST diagrams - Function definition (Basic/Secondary) - Function cost and worth - Function classification (Use/Esteem) |
| Topic 3: Professional Practices | 5-10% | - Communication skills - Documentation requirements - Ethical considerations - Team dynamics |
| Topic 4: Job Plan and Process | 25-30% | - Creative phase - Development phase - Function analysis phase - Information phase - Implementation phase - Presentation phase - Evaluation phase |
| Topic 5: Evaluation and Selection | 10-15% | - Cost-performance analysis - Risk assessment - Selection criteria |
| Topic 6: Value Methodology Fundamentals | 20-25% | - Function analysis basics - Basic concepts and terminology - Value vs. cost relationship - History and evolution of value methodology |
1. One of the main purposes of the Miles Value Foundation is to:
A) Promote VM education
B) Conduct VM training
C) Improve VM programs
D) Manage VM certification
2. "When" is represented by which of the following letters?
A) A
B) C
C) D
D) B
3. The original VM Job Plan was based on a problem-solving approach. Which is the correct order of the four steps comprising this approach?
A) Observation, Experimentation, Hypothesis, Conclusion
B) Observation, Hypothesis, Experimentation, Conclusion
C) Hypothesis, Experimentation, Observation, Conclusion
D) Hypothesis, Observation, Experimentation, Conclusion
4. Which is the correct order of steps involved in risk management?
A) Risk Management Planning, Risk Identification, Risk Analysis, Risk Response Planning, Risk Monitoring and Control
B) Risk Management Planning, Risk Identification, Risk Response Planning, Risk Analysis, Risk Monitoring and Control
C) Risk Identification, Risk Management Planning, Risk Analysis, Risk Response Planning, Risk Monitoring and Control
D) Risk Management Planning, Risk Analysis, Risk Identification, Risk Response Planning, Risk Monitoring and Control
5. When transforming the VM study subject's cost information, the potential for achieving major savings is:
A) Improved when costs are aligned with scope increases
B) Enhanced when outputs are included in calculations
C) Greatest during the early phases of the project lifecycle
D) Increased when the VM proposals improve performance
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: C |
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