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SAVE International VMA Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Job Plan and Process | 25-30% | - Presentation phase - Implementation phase - Function analysis phase - Development phase - Creative phase - Evaluation phase - Information phase |
| Topic 2: Professional Practices | 5-10% | - Ethical considerations - Team dynamics - Communication skills - Documentation requirements |
| Topic 3: Creative Techniques | 10-15% | - Lateral thinking - Brainstorming - Synectics - Idea generation methods |
| Topic 4: Value Methodology Fundamentals | 20-25% | - History and evolution of value methodology - Function analysis basics - Basic concepts and terminology - Value vs. cost relationship |
| Topic 5: Evaluation and Selection | 10-15% | - Risk assessment - Selection criteria - Cost-performance analysis |
| Topic 6: Function Analysis | 15-20% | - Function definition (Basic/Secondary) - Function cost and worth - FAST diagrams - Function classification (Use/Esteem) |
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) 50 years
C) 53 years
D) 45 years
2. What is the objective of the Creativity Phase?
A) Prioritize improvement ideas
B) Develop improvement ideas
C) Generate improvement ideas
D) Select improvement ideas
3. How many phases are in the VM Job Plan?
A) 8
B) 3
C) 6
D) 7
4. The Development Phase involves which of the following steps?
A) Prioritize ideas
B) Model the cost of ideas
C) Determine verb-noun combinations for ideas
D) Assign ideas to VM study team members
5. Which of the following best defines an activity?
A) A task, action, or operation that describes how a function is performed
B) A specific task, action, or operation that is generic and changes viewpoints
C) A task, action, or operation that describes why a function is performed
D) A specific task, action, or operation with a high level of abstraction
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: A |
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