PDF Version DemoSAVE International VMA Exam Overview:
| Certification Vendor: | SAVE International |
|---|---|
| Exam Name: | Value Methodology Associate (VMA) Certification Exam |
| Exam Number: | VMA |
| Real Exam Qty: | 60 |
| Available Languages: | English |
| Exam Duration: | 90 minutes |
| Passing Score: | 70% |
| Exam Format: | Multiple Choice |
| Related Certifications: | Certified Value Specialist (CVS) Value Methodology Fundamentals 1 (VMF-1) |
| Exam Price: | USD 200 (varies by membership status) |
| Recommended Training: | SAVE International VMF-1 Training Overview |
| Exam Registration: | Official SAVE International VMA Exam Page |
| Sample Questions: | SAVE International VMA Sample Questions |
| Exam Way: | Computer-based or proctored exam (online delivery depending on provider) |
| Pre Condition: | Completion of Value Methodology Fundamentals 1 (VMF-1) training recommended/required |
| Official Syllabus URL: | https://www.value-eng.org/page/VMAexam |
SAVE International VMA Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Value Methodology Fundamentals | - Core Value Methodology Concepts
|
| Topic 2: Value Engineering Principles | - Evaluation and Selection
|
| Topic 3: Financial and Analytical Tools | - Cost Analysis Methods
|
SAVE International Value Methodology Associate Sample Questions:
Question #1
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
Question #2
Which is the correct order of steps involved in risk management?
A. Risk Management Planning, Risk Identification, Risk Response Planning, Risk Analysis, Risk Monitoring and Control
B. Risk Management Planning, Risk Identification, Risk Analysis, Risk Response Planning, Risk Monitoring and Control
C. Risk Management Planning, Risk Analysis, Risk Identification, Risk Response Planning, Risk Monitoring and Control
D. Risk Identification, Risk Management Planning, Risk Analysis, Risk Response Planning, Risk Monitoring and Control
Question #3
In which phases of the VM Job Plan does the VM study team use convergent thinking?
A. Evaluation, Development, Presentation
B. Information, Function Analysis, Creativity
C. Function Analysis, Creativity, Evaluation
D. Creativity, Evaluation, Development
Question #4
During the life cycle of a project or product, the greatest possibility to influence impacts and costs takes place during:
A. Planning
B. Organizing
C. Operating
D. Maintaining
Question #5
Which of the following best describes a VM study?
A. A workshop that applies the VM facilitated by a CVS
B. An analysis of a completed project design by a VM team
C. A structured effort by a multidisciplinary team using the VM
D. An improvement process similar to Lean Six Sigma
Solutions:
| Question #1 Correct Answer: B | Question #2 Correct Answer: B | Question #3 Correct Answer: A | Question #4 Correct Answer: A | Question #5 Correct Answer: C |
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