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SAVE International VMA Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| VM Job Plan | 40% | - Function Analysis Phase
- Information Phase - Evaluation Phase - Development Phase - Creative Phase |
| Application and Ethics | 15% | - Professional ethics and standards of practice - Application in projects, products and processes |
| Tools and Techniques | 25% | - Decision-making and prioritization - Team dynamics and facilitation - Cost analysis and worth assessment |
| Value Methodology Fundamentals | 20% | - Definition, purpose and benefits of Value Methodology - Core principles and terminology - Historical background and standards |
SAVE International Value Methodology Associate Sample Questions:
Question #1
One of the main purposes of the Miles Value Foundation is to:
A. Manage VM certification
B. Improve VM programs
C. Conduct VM training
D. Promote VM education
Question #2
Which of the following functions is a Subject Objective?
A. Function R
B. Function O
C. Function Q
D. Function P
Question #3
The Value Methodology is:
A. A step-by-step design review to improve value.
B. A cost reduction exercise to improve value.
C. An eight-phase process to improve value.
D. A suggestion program to improve value.
Question #4
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. Evaluation, Development, Presentation, and Implementation
D. Development, Presentation, Evaluation, and Implementation
Question #5
An effective Information Phase kickoff meeting:
A. Outlines goals for the study subject and VM study objectives.
B. Indicates the VM solutions desired by decision makers.
C. Describes how functions have normally been accomplished.
D. Discusses the challenges of the proposed VM study approach.
Solutions:
| Question #1 Correct Answer: D | Question #2 Correct Answer: D | Question #3 Correct Answer: A | Question #4 Correct Answer: C | Question #5 Correct Answer: A |


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