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SAVE International VMA Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Value Engineering Principles | - Evaluation and Selection
|
| Value Methodology Fundamentals | - Core Value Methodology Concepts
|
| Financial and Analytical Tools | - Cost Analysis Methods
|
SAVE International Value Methodology Associate Sample Questions:
1. "When" is represented by which of the following letters?
A) C
B) D
C) B
D) A
2. Function E is the:
A) Higher Order Function
B) Required Secondary Function
C) Basic Function
D) Secondary Function
3. When transforming subject scope information, it is most important that the VM study team have a clear understanding of:
A) value improvement ideas and performance attributes.
B) the subject's purpose and the objectives of the VM study.
C) the Pareto chart, risk data, and quality expectations.
D) the interests and influence of customers, users, and stakeholders.
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 the whole includes 20% of the resources
D) 80% of functions represent 20% of components
5. In which phase is a large quantity of ideas or alternatives generated to accomplish the functions?
A) Presentation Phase
B) Evaluation Phase
C) Function Analysis Phase
D) Creativity Phase
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: D |
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