Updated: Aug 13, 2026
No. of Questions: 63 Questions & Answers with Testing Engine
Download Limit: Unlimited
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| Certification Vendor: | SAVE International |
| Exam Name: | Value Methodology Associate Examination |
| Exam Number: | VMA |
| Available Languages: | English |
| Exam Duration: | 60 minutes |
| Related Certifications: | Certified Value Specialist (CVS) |
| Exam Format: | Multiple Choice, Single Answer, Multiple Answer |
| Real Exam Qty: | 60–65 |
| Certificate Validity Period: | 3 years |
| Passing Score: | 70% |
| Exam Price: | $200 USD |
| Recommended Training: | VMF 1 Fundamentals Course |
| Exam Registration: | SAVE International Certification Portal |
| Sample Questions: | SAVE International VMA Sample Questions |
| Exam Way: | Online proctored or onsite at Kryterion testing centers |
| Pre Condition: | Completion of approved VMF1A and VMF1B / VMF 1 Fundamentals course |
| Official Syllabus URL: | https://www.value-eng.org/page/vmaexam |
| Section | Weight | Objectives |
|---|---|---|
| Application and Ethics | 15% | - Application in projects, products and processes - Professional ethics and standards of practice |
| VM Job Plan | 40% | - Function Analysis Phase
- Information Phase - Presentation Phase - Development Phase - Creative Phase |
| Tools and Techniques | 25% | - Team dynamics and facilitation - Decision-making and prioritization - Cost analysis and worth assessment |
| Value Methodology Fundamentals | 20% | - Core principles and terminology - Historical background and standards - Definition, purpose and benefits of Value Methodology |
1. Which of the following letters represents the scope lines?
A) A
B) C
C) B
D) D
2. Which of the following is the risk response strategy for opportunities that seek to increase the probability of an opportunity occurring and/or the magnitude of results being beneficial?
A) Enhance
B) Mitigate
C) Exploit
D) Share
3. A Random Function Identification table contains:
A) Elements, functions, and classifications
B) Inputs, objectives, and sequence
C) Costs, time, and risks
D) Components, resources, and criteria
4. The Development Phase involves which of the following steps?
A) Assign ideas to VM study team members
B) Model the cost of ideas
C) Determine verb-noun combinations for ideas
D) Prioritize ideas
5. 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) 53 years
B) 56 years
C) 50 years
D) 45 years
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: A |
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