VMA Value Methodology Associate Exam Free Dumps

dumps2026-01-06T11:45:37+08:00

VMA Value Methodology Associate is to test your knowledge of Value Methodology (VM) concepts. There are 60 questions in real Value Methodology Associate VMA exam, and you have 90 minutes to answer all the questions. The required passing score is 75%, which means that you need to answer 45 questions correctly. We provide the latest Value Methodology Associate VMA exam dumps, which can ensure you pass the test easily. Free Value Methodology Associate VMA exam dumps are available below.

Page 1 of 2

1. An effective Information Phase kickoff meeting:

Discusses the challenges of the proposed VM study approach.

Outlines goals for the study subject and VM study objectives.

Indicates the VM solutions desired by decision makers.

Describes how functions have normally been accomplished.

2. The VM is defined by SAVE International as a:

Structured process

Specialized process

Systematic process

Sequential process

3. Y is pointing to the

"AND" Gate

Minor Logic Path

Critical Logic Path

"OR" Gate

4. 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?

Exploit

Mitigate

Enhance

5. In SWOT analysis:

Strengths and opportunities are internal attributes.

Threats and strengths are harmful attributes.

Strengths and weaknesses are helpful attributes.

Opportunities and threats are external attributes.

6. Which is the correct order of steps involved in risk management?

Risk Management Planning, Risk Analysis, Risk Identification, Risk Response Planning, Risk Monitoring and Control

Risk Identification, Risk Management Planning, Risk Analysis, Risk Response Planning, Risk Monitoring and Control

Risk Management Planning, Risk Identification, Risk Analysis, Risk Response Planning, Risk Monitoring and Control

Risk Management Planning, Risk Identification, Risk Response Planning, Risk Analysis, Risk Monitoring and Control

7. In which costing technique is the time value of money essential?

Return on Investment

Life Cycle Cost

Simple Payback

Break-even point

8. Which of the following are ground rules of the Creativity Phase? (Choose 3 answers)

A. Apply the "Principle of Deferred Judgment"

B. Establish an ambitious goal for the number of ideas

C. Emphasize cost savings

D. Encourage "Free-Wheeling" of ideas

E. Emphasize quality rather than quantity

9. Which of the following best describes a VM study?

An analysis of a completed project design by a VM team

An improvement process similar to Lean Six Sigma

A workshop that applies the VM facilitated by a CVS

A structured effort by a multidisciplinary team using the VM

10. What is the term for the vertical demarcations on the left and right of a FAST diagram?

Subject Lines

Scope Lines

When Direction Lines

Function Logic Lines

Page 2 of 2

11. Which are the three main characteristics of the Value Methodology?

Systematic process, function analysis, CVS

Function Analysis, brainstorming, teamwork

Systematic process, multidisciplinary team, qualified VM facilitator

Multidisciplinary team, cost reduction, function improvement

12. One of the main purposes of the Miles Value Foundation is to:

Improve VM programs

Manage VM certification

Promote VM education

Conduct VM training

13. Which phase enables the VM team to select viable ideas?

Function Analysis

Presentation

Evaluation

Development

14. The Pareto Principle as applied in the Value Methodology means:

20% of risks impact 80% of elements

20% of elements represent 80% of the cost

80% of functions represent 20% of components

80% of the whole includes 20% of the resources

15. Which of the following defines the nominal rate of increase in the value of money over time, after subtracting for inflation?

Simple Payback (or Breakeven Point)

Return on Investment (ROI)

Discount Rate

Present Worth (or Net Present Value)

16. Which type of value is the sum of labor, material, and other resources required to produce the subject?

Esteem Value

Exchange Value

Use Value

Cost Value

17. Which of the following functions is a Subject Objective?

Function P

Function Q

Function R

Function O

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

Return on Investment (ROI)

Present Worth (or Net Present Value)

Discount Rate

Simple Payback (or Breakeven Point)

19. Functions on a FAST diagram's function logic path follow:

When-Why logic

How-Why logic

How-When logic

And-Or logic

VMA Value Methodology Associate Exam Free Dumps

VMA Value Methodology Associate Exam Free Dumps

Share this post