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SAVE International VMA Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Application and Ethics | 15% | - Application in projects, products and processes - Professional ethics and standards of practice |
| Topic 2: Tools and Techniques | 25% | - Cost analysis and worth assessment - Decision-making and prioritization - Team dynamics and facilitation |
| Topic 3: Value Methodology Fundamentals | 20% | - Historical background and standards - Core principles and terminology - Definition, purpose and benefits of Value Methodology |
| Topic 4: VM Job Plan | 40% | - Information Phase - Evaluation Phase - Creative Phase - Presentation Phase - Function Analysis Phase
|
SAVE International Value Methodology Associate Sample Questions:
1. When transforming subject scope information, it is most important that the VM study team have a clear understanding of:
A) the subject's purpose and the objectives of the VM study.
B) the interests and influence of customers, users, and stakeholders.
C) value improvement ideas and performance attributes.
D) the Pareto chart, risk data, and quality expectations.
2. In which phase does one work to obtain a thorough understanding of the subject of the VM study?
A) Creativity Phase
B) Evaluation Phase
C) Information Phase
D) Presentation Phase
3. What is the correct order for the three levels of filters used for evaluating ideas during the Evaluation Phase?
A) Medium, Fine, Coarse
B) Medium, Coarse, Fine
C) Coarse, Medium, Fine
D) Coarse, Fine, Medium
4. Which of the following best describes a VM study?
A) An improvement process similar to Lean Six Sigma
B) An analysis of a completed project design by a VM team
C) A workshop that applies the VM facilitated by a CVS
D) A structured effort by a multidisciplinary team using the VM
5. Functions on a FAST diagram's function logic path follow:
A) And-Or logic
B) How-When logic
C) When-Why logic
D) How-Why logic
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: D |
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