Exam Name: Value Methodology Associate
Certification Provider: SAVE International
Corresponding Certification: Value Methodology
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Value Methodology Associate: VMA Exam Premium File as PDF & Test Engine
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Last Updated: Oct 06, 2026
No. of Questions: 63 Questions & Answers with Testing Engine
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SAVE International VMA Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Value Engineering Principles | - Team-Based Workshop Approach
|
| Financial and Analytical Tools | - Cost Analysis Methods
|
| Value Methodology Fundamentals | - VM Job Plan Basics
|
SAVE International Value Methodology Associate Sample Questions:
Identify which are key data used to transform information for a product value study:
- A. Flow diagrams, latest cost estimate, labor reports, drawings, site plan, regulatory requirements
- B. Customer demographics, overhead cost, drawings, competitive analysis, sample components, labor reports
- C. Design objectives, original cost estimate, drawings, specifications, resource models, customer demographics
- D. Customer requirements, overhead cost, competitive analysis, sample components, packaging requirements, warranty information
Correct Answer: C 🗳️
Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).
Within the scope of a residential door (including the door frame, hinges, lock set, and door handle), which of the following does not contain activities?
- A. Connect spaces, construct frame, attract user
- B. Rotate door, support load, grasp handle
- C. Install screws, separate spaces, secure space
- D. Restrict access, improve safety, transmit force
Correct Answer: D 🗳️
Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).
Which type of value is the sum of labor, material, and other resources required to produce the subject?
- A. Esteem Value
- B. Exchange Value
- C. Use Value
- D. Cost Value
Correct Answer: D 🗳️
Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).
Which of the following is the risk response strategy for opportunities that seek to increase the probability of an opportunity occurring and/or the magnitude of results being beneficial?
- A. Exploit
- B. Share
- C. Enhance
- D. Mitigate
Correct Answer: C 🗳️
Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).
Which of the following defines the effects of time, value, and money, converting all costs to a common reference point in today's dollars?
- A. Simple Payback (or Breakeven Point)
- B. Return on Investment (ROI)
- C. Present Worth (or Net Present Value)
- D. Discount Rate
Correct Answer: C 🗳️
Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).
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