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VMA Practice Questions

Value Methodology Associate

Last Update 4 days ago
Total Questions : 61

Dive into our fully updated and stable VMA practice test platform, featuring all the latest Value Methodology exam questions added this week. Our preparation tool is more than just a SAVE International study aid; it's a strategic advantage.

Our Value Methodology practice questions crafted to reflect the domains and difficulty of the actual exam. The detailed rationales explain the 'why' behind each answer, reinforcing key concepts about VMA. Use this test to pinpoint which areas you need to focus your study on.

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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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