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SAVE International VMA Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Financial and Analytical Tools | - Cost Analysis Methods
|
| Value Engineering Principles | - Evaluation and Selection
|
| Value Methodology Fundamentals | - Core Value Methodology Concepts
|
SAVE International Value Methodology Associate Sample Questions:
Within the scope of a residential door (including the door frame, hinges, lock set, and door handle), which of the following does not contain activities?
- A. Restrict access, improve safety, transmit force
- B. Rotate door, support load, grasp handle
- C. Connect spaces, construct frame, attract user
- D. Install screws, separate spaces, secure space
Correct Answer: A 🗳️
Explanation: Only visible for Prep4pass members. You can sign-up / login (it's free).
Which of the following are tasks during the development of VM proposals? (Choose 3 answers)
- A. Address technical feasibility
- B. State the disposition of the proposal
- C. Assess time and schedule impacts
- D. Validate the proposal
- E. Determine costs
Correct Answer: A,C,E 🗳️
Explanation: Only visible for Prep4pass members. You can sign-up / login (it's free).
What is the objective of the Creativity Phase?
- A. Select improvement ideas
- B. Generate improvement ideas
- C. Prioritize improvement ideas
- D. Develop improvement ideas
Correct Answer: B 🗳️
Explanation: Only visible for Prep4pass members. You can sign-up / login (it's free).
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. 45 years
- B. 56 years
- C. 50 years
- D. 53 years
Correct Answer: D 🗳️
Explanation: Only visible for Prep4pass members. You can sign-up / login (it's free).
What is the correct sequence of the last four phases of the Value Methodology Job Plan?
- A. Development, Presentation, Evaluation, and Implementation
- B. Evaluation, Development, Presentation, and Implementation
- C. Evaluation, Development, Implementation, and Presentation
- D. Development, Evaluation, Presentation, and Implementation
Correct Answer: B 🗳️
Explanation: Only visible for Prep4pass members. You can sign-up / login (it's free).
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