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SAVE International VMA Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Professional Practices | 5-10% | - Team dynamics - Ethical considerations - Documentation requirements - Communication skills |
| Creative Techniques | 10-15% | - Synectics - Idea generation methods - Brainstorming - Lateral thinking |
| Function Analysis | 15-20% | - Function cost and worth - Function classification (Use/Esteem) - Function definition (Basic/Secondary) - FAST diagrams |
| Job Plan and Process | 25-30% | - Creative phase - Development phase - Information phase - Evaluation phase - Function analysis phase - Implementation phase - Presentation phase |
| Value Methodology Fundamentals | 20-25% | - Value vs. cost relationship - Basic concepts and terminology - Function analysis basics - History and evolution of value methodology |
| Evaluation and Selection | 10-15% | - Risk assessment - Cost-performance analysis - Selection criteria |
SAVE International Value Methodology Associate Sample Questions:
1. Risks associated with a project, product, or process typically impact:
A) Cost, requirements, or results
B) Resources, regulations, or time
C) Schedule, cost, or performance
D) Time, function, or attributes
2. When transforming the VM study subject's cost information, the potential for achieving major savings is:
A) Greatest during the early phases of the project lifecycle
B) Enhanced when outputs are included in calculations
C) Improved when costs are aligned with scope increases
D) Increased when the VM proposals improve performance
3. Which type of value is the sum of labor, material, and other resources required to produce the subject?
A) Cost Value
B) Esteem Value
C) Use Value
D) Exchange Value
4. Which of the following best defines an activity?
A) A specific task, action, or operation that is generic and changes viewpoints
B) A task, action, or operation that describes why a function is performed
C) A specific task, action, or operation with a high level of abstraction
D) A task, action, or operation that describes how a function is performed
5. What is the correct sequence of the last four phases of the Value Methodology Job Plan?
A) Evaluation, Development, Presentation, and Implementation
B) Evaluation, Development, Implementation, and Presentation
C) Development, Evaluation, Presentation, and Implementation
D) Development, Presentation, Evaluation, and Implementation
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: A |
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