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SAVE International VMA Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Application and Ethics | 15% | - Professional ethics and standards of practice - Application in projects, products and processes |
| Topic 2: Tools and Techniques | 25% | - Cost analysis and worth assessment - Decision-making and prioritization - Team dynamics and facilitation |
| Topic 3: VM Job Plan | 40% | - Creative Phase - Information Phase - Development Phase - Presentation Phase - Evaluation Phase - Function Analysis Phase
|
| Topic 4: Value Methodology Fundamentals | 20% | - Core principles and terminology - Definition, purpose and benefits of Value Methodology - Historical background and standards |
SAVE International Value Methodology Associate Sample Questions:
1. Which function represents the specific goals or needs for which the subject scope exists?
A) Secondary
B) Lower Order
C) Basic
D) Higher Order
2. Which of the following letters represents the scope lines?
A) D
B) B
C) C
D) A
3. Which of the following techniques involves capturing input from multiple customers and stakeholders at the same time?
A) Surveys
B) Focus panels
C) Questionnaires
D) Interviews
4. The Pareto Principle as applied in the Value Methodology means:
A) 20% of elements represent 80% of the cost
B) 20% of risks impact 80% of elements
C) 80% of functions represent 20% of components
D) 80% of the whole includes 20% of the resources
5. Which of the following functions is a Subject Objective?
A) Function P
B) Function R
C) Function O
D) Function Q
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: A |
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