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VMA Practice Exam Questions and Answers

Value Methodology Associate

Last Update 2 days ago
Total Questions : 61

Value Methodology is stable now with all latest exam questions are added 2 days ago. Incorporating VMA practice exam questions into your study plan is more than just a preparation strategy.

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Question # 1

Function E is the:

Options:

A.  

Secondary Function

B.  

Required Secondary Function

C.  

Basic Function

D.  

Higher Order Function

Discussion 0
Question # 2

Which are the three main characteristics of the Value Methodology?

Options:

A.  

Systematic process, function analysis, CVS

B.  

Function Analysis, brainstorming, teamwork

C.  

Systematic process, multidisciplinary team, qualified VM facilitator

D.  

Multidisciplinary team, cost reduction, function improvement

Discussion 0
Question # 3

Which of the following is a basic function of a bicycle?

Options:

A.  

Transport Mass

B.  

Move People

C.  

Provide Transportation

D.  

Transport Goods

Discussion 0
Question # 4

What is the correct sequence of the last four phases of the Value Methodology Job Plan?

Options:

A.  

Development, Presentation, Evaluation, and Implementation

B.  

Evaluation, Development, Presentation, and Implementation

C.  

Evaluation, Development, Implementation, and Presentation

D.  

Development, Evaluation, Presentation, and Implementation

Discussion 0
Question # 5

Which of the following defines the effects of time, value, and money, converting all costs to a common reference point in today's dollars?

Options:

A.  

Return on Investment (ROI)

B.  

Present Worth (or Net Present Value)

C.  

Discount Rate

D.  

Simple Payback (or Breakeven Point)

Discussion 0
Question # 6

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?

Options:

A.  

Restrict access, improve safety, transmit force

B.  

Connect spaces, construct frame, attract user

C.  

Rotate door, support load, grasp handle

D.  

Install screws, separate spaces, secure space

Discussion 0
Question # 7

What function must a pen or pencil perform?

Options:

A.  

Write documents

B.  

Color surface

C.  

Mark surface

D.  

Convey message

Discussion 0
Question # 8

Which function represents the specific goals or needs for which the subject scope exists?

Options:

A.  

Basic

B.  

Lower Order

C.  

Higher Order

D.  

Secondary

Discussion 0
Question # 9

Function E is the:

Options:

A.  

Secondary Function

B.  

Required Secondary Function

C.  

Basic Function

D.  

Higher Order Function

Discussion 0
Question # 10

In SWOT analysis:

Options:

A.  

Strengths and opportunities are internal attributes.

B.  

Threats and strengths are harmful attributes.

C.  

Strengths and weaknesses are helpful attributes.

D.  

Opportunities and threats are external attributes.

Discussion 0
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