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SAVE International VMA Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Value Methodology Fundamentals | 20-25% | - History and evolution of value methodology - Function analysis basics - Value vs. cost relationship - Basic concepts and terminology |
| Topic 2: Evaluation and Selection | 10-15% | - Selection criteria - Cost-performance analysis - Risk assessment |
| Topic 3: Job Plan and Process | 25-30% | - Implementation phase - Presentation phase - Creative phase - Information phase - Evaluation phase - Function analysis phase - Development phase |
| Topic 4: Creative Techniques | 10-15% | - Synectics - Lateral thinking - Brainstorming - Idea generation methods |
| Topic 5: Function Analysis | 15-20% | - Function cost and worth - Function definition (Basic/Secondary) - Function classification (Use/Esteem) - FAST diagrams |
| Topic 6: Professional Practices | 5-10% | - Documentation requirements - Communication skills - Team dynamics - Ethical considerations |
SAVE International Value Methodology Associate Sample Questions:
1. If an organization invests $160,000 in a new software system that improves analysis and reduces annual costs by $3,000 per year, the payback period would be approximately:
A) 56 years
B) 53 years
C) 50 years
D) 45 years
2. What function must a pen or pencil perform?
A) Convey message
B) Write documents
C) Mark surface
D) Color surface
3. Function E is the:
A) Required Secondary Function
B) Higher Order Function
C) Secondary Function
D) Basic Function
4. Y is pointing to the
A) "OR" Gate
B) Minor Logic Path
C) Critical Logic Path
D) "AND" Gate
5. Risks associated with a project, product, or process typically impact:
A) Time, function, or attributes
B) Resources, regulations, or time
C) Schedule, cost, or performance
D) Cost, requirements, or results
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: C |
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