Real SAVE International VMA practice exam questions for easy pass!
Last Updated: Jul 26, 2026
No. of Questions: 63 Questions & Answers with Testing Engine
Download Limit: Unlimited
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Application and Ethics | 15% | - Professional ethics and standards of practice - Application in projects, products and processes |
| Topic 2: VM Job Plan | 40% | - Information Phase - Presentation Phase - Creative Phase - Development Phase - Evaluation Phase - Function Analysis Phase
|
| Topic 3: Tools and Techniques | 25% | - Decision-making and prioritization - Team dynamics and facilitation - Cost analysis and worth assessment |
| Topic 4: Value Methodology Fundamentals | 20% | - Core principles and terminology - Historical background and standards - Definition, purpose and benefits of Value Methodology |
1. What is the objective of the Creativity Phase?
A) Develop improvement ideas
B) Prioritize improvement ideas
C) Select improvement ideas
D) Generate improvement ideas
2. What is the correct sequence of the last four phases of the Value Methodology Job Plan?
A) Evaluation, Development, Implementation, and Presentation
B) Development, Presentation, Evaluation, and Implementation
C) Development, Evaluation, Presentation, and Implementation
D) Evaluation, Development, Presentation, and Implementation
3. 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) value improvement ideas and performance attributes.
C) the Pareto chart, risk data, and quality expectations.
D) the interests and influence of customers, users, and stakeholders.
4. Which phase of the VM Job Plan is considered the heart of the Value Methodology?
A) Presentation
B) Implementation
C) Function Analysis
D) Creativity
5. "When" is represented by which of the following letters?
A) A
B) C
C) D
D) B
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: A |
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