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[General] 100% Pass Quiz 2026 SAVE International VMA: Perfect Value Methodology Associate

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【General】 100% Pass Quiz 2026 SAVE International VMA: Perfect Value Methodology Associate

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SAVE International Value Methodology Associate Sample Questions (Q35-Q40):NEW QUESTION # 35
When transforming subject scope information, it is most important that the VM study team have a clear understanding of:
  • A. the Pareto chart, risk data, and quality expectations.
  • B. the interests and influence of customers, users, and stakeholders.
  • C. the subject's purpose and the objectives of the VM study.
  • D. value improvement ideas and performance attributes.
Answer: C
Explanation:
Transforming subject scope information occurs during the Information Phase of the Value Methodology (VM) Job Plan, as taught in the VMF 1 course (Core Competency #3: Value Methodology Job Plan).
According to SAVE International's Value Methodology Standard, "when transforming subject scope information, the VM study team must have a clear understanding of the subject's purpose (what it does and why it exists) and the objectives of the VM study (e.g., reduce costs by 15%, improve performance)." This understanding ensures that the team aligns the study with the project's goals and the VM process's aims, setting the foundation for effective function analysis and value improvement. This aligns with the primary objective of the Information Phase-to understand the subject-and the focus of the kickoff meeting on outlining goals and objectives. While stakeholder interests and other data are important, the most critical understanding is of the subject's purpose and study objectives.
* Option A (value improvement ideas and performance attributes) is incorrect because value improvement ideas are developed later (Creativity Phase, Question 49), and performance attributes are a subset of the broader purpose.
* Option B (the subject's purpose and the objectives of the VM study) is correct, as it captures the most important understanding needed during the Information Phase.
* Option C (the Pareto chart, risk data, and quality expectations) is incorrect because these are specific tools or data points, not the most critical understanding; Pareto charts apply later.
* Option D (the interests and influence of customers, users, and stakeholders) is incorrect because, while important, this is a subset of understanding the subject's purpose and study objectives, which are more fundamental.
:
SAVE International, "Value Methodology Standard and Body of Knowledge," available athttps://www.value- eng.org, emphasizing the need to understand the subject's purpose and study objectives in the Information Phase.
SAVE International, VMF 1 Core Competency #3 (Value Methodology Job Plan), highlighting the focus on purpose and objectives (consistent with Questions 39 and 50).

NEW QUESTION # 36
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?
  • A. Rotate door, support load, grasp handle
  • B. Connect spaces, construct frame, attract user
  • C. Restrict access, improve safety, transmit force
  • D. Install screws, separate spaces, secure space
Answer: C
Explanation:
In Value Methodology's Function Analysis, functions and activities are distinct concepts, as taught in the VMF 1 course (Core Competency #2: Function Analysis). According to SAVE International's Value Methodology Standard, "functions are what a product, process, or system does, expressed in a verb-noun format (e.g., 'restrict access'), while activities are tasks, actions, or operations that describe how a function is performed (e.g., 'install screws')" (as noted in Question 43). The question asks for the option that does not contain activities, meaning it should only include functions (verb-noun combinations) and no activities (specific tasks).
For a residential door:
* Option A (Restrict access, improve safety, transmit force):
* Restrict access (function: the door limits entry).
* Improve safety (function: the door enhances security).
* Transmit force (function: the handle or hinges transfer force to open/close).All are functions in verb-noun format, with no activities (specific tasks).
* Option B (Connect spaces, construct frame, attract user):
* Connect spaces (function: the door links rooms).
* Construct frame (activity: the task of building the frame).
* Attract user (function: the door's aesthetics draw attention).Contains an activity (construct frame).
* Option C (Rotate door, support load, grasp handle):
* Rotate door (function: the hinges enable rotation).
* Support load (function: the frame bears the door's weight).
* Grasp handle (activity: the action of holding the handle).Contains an activity (grasp handle).
* Option D (Install screws, separate spaces, secure space):
* Install screws (activity: the task of fastening screws).
* Separate spaces (function: the door divides rooms).
* Secure space (function: the lock protects the area).Contains an activity (install screws).
* Option A (Restrict access, improve safety, transmit force) is correct, as it contains only functions, with no activities.
* Option B is incorrect because "construct frame" is an activity.
* Option C is incorrect because "grasp handle" is an activity.
* Option D is incorrect because "install screws" is an activity.
:
SAVE International, VMF 1 Core Competency #2 (Function Analysis), distinguishing between functions (verb-noun) and activities (how functions are performed).
SAVE International, "Value Methodology Standard," section on Function Analysis, defining functions and activities (consistent with Question 43).

NEW QUESTION # 37
In SWOT analysis:
  • A. Opportunities and threats are external attributes.
  • B. Strengths and opportunities are internal attributes.
  • C. Threats and strengths are harmful attributes.
  • D. Strengths and weaknesses are helpful attributes.
Answer: A
Explanation:
SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) is a tool sometimes used in Value Methodology, particularly during the Information Phase or Evaluation Phase, to assess the context of a project or product, as taught in the VMF 1 course (Core Competency #3: Value Methodology Job Plan). According to SAVE International's Value Methodology Standard, "SWOT analysis evaluates internal and external factors:
Strengths and Weaknesses are internal attributes of the system or organization, while Opportunities and Threats are external attributes from the environment."
* Strengths: Internal, helpful attributes (e.g., strong design team).
* Weaknesses: Internal, harmful attributes (e.g., high production costs).
* Opportunities: External, helpful attributes (e.g., market demand).
* Threats: External, harmful attributes (e.g., regulatory changes).
This framework helps the VM team identify factors that could impact the study's success, such as external opportunities to leverage or threats to mitigate.
* Option A (Strengths and opportunities are internal attributes) is incorrect because opportunities are external, not internal.
* Option B (Threats and strengths are harmful attributes) is incorrect because strengths are helpful, not harmful.
* Option C (Strengths and weaknesses are helpful attributes) is incorrect because weaknesses are harmful, not helpful.
* Option D (Opportunities and threats are external attributes) is correct, as both are external factors in SWOT analysis.
:
SAVE International, VMF 1 Core Competency #3 (Value Methodology Job Plan), noting the use of SWOT analysis to assess internal and external factors.
SAVE International, "Value Methodology Standard," section on analytical tools, defining SWOT analysis and its categories.

NEW QUESTION # 38
Which of the following defines the effects of time, value, and money, converting all costs to a common reference point in today's dollars?
  • A. Discount Rate
  • B. Present Worth (or Net Present Value)
  • C. Return on Investment (ROI)
  • D. Simple Payback (or Breakeven Point)
Answer: B
Explanation:
In Value Methodology, cost analysis often involves evaluating the economic impact of alternatives over time, which requires understanding the time value of money. The VMF 1 course, under Core Competency #4 (Cost Analysis), includes financial concepts like discounting cash flows to assess long-term value. The concept of converting all costs to a common reference point in today's dollars refers toPresent Worth (or Net Present Value, NPV). According to SAVE International's Value Methodology Standard, Present Worth (or NPV) is used to "evaluate the economic feasibility of alternatives by discounting future cash flows to their present value, accounting for the time value of money." This process converts all costs and benefits (adjusted for time, value, and money) to a single value in today's dollars using a discount rate, allowing for a fair comparison of alternatives.
* Option A (Return on Investment or ROI) is incorrect because ROI measures profitability as a percentage and does not convert costs to a present value.
* Option B (Present Worth or Net Present Value) is correct because NPV accounts for the effects of time, value, and money by discounting future cash flows to today's dollars.
* Option C (Discount Rate) is incorrect because the discount rate is the rate used in NPV calculations, not the method of converting costs itself.
* Option D (Simple Payback or Breakeven Point) is incorrect because payback measures the time to recover an investment and does not account for the time value of money or convert costs to present value.
:
SAVE International, "Value Methodology Standard and Body of Knowledge," available athttps://www.value- eng.org, section on cost analysis, referencing Present Worth (NPV) for economic evaluation.
SAVE International, VMF 1 Core Competency #4 (Cost Analysis), which includes discounting techniques for comparing alternatives.

NEW QUESTION # 39
All-the-time functions are:
  • A. Continuous
  • B. A drain on resources
  • C. Outside the study scope
  • D. Undesirable
Answer: A
Explanation:
In Value Methodology's Function Analysis, functions are classified based on their characteristics, as taught in the VMF 1 course (Core Competency #2: Function Analysis). According to SAVE International's Value Methodology Standard, "all-the-time functions are those that occur continuously or are always active during the operation of the system." In a FAST diagram, all-the-time functions are often shown vertically (e.g.,
"when" direction) alongside the critical path, indicating they are ongoing while the main functions are performed. For example, in a car, "provide safety" (e.g., through seatbelts) is an all-the-time function because it is always active when the car is in use. This aligns with the FAST diagramming convention of showing simultaneous functions.
* Option A (Outside the study scope) is incorrect because all-the-time functions are within the scope if they are part of the system's operation, though they may be supporting functions.
* Option B (A drain on resources) is incorrect because all-the-time functions are not necessarily resource- intensive; they are simply continuous.
* Option C (Continuous) is correct, as it matches the definition of all-the-time functions in VM.
* Option D (Undesirable) is incorrect because all-the-time functions are not inherently undesirable; they may be essential (e.g., "provide safety").
:
SAVE International, VMF 1 Core Competency #2 (Function Analysis), defining all-the-time functions as continuous in FAST diagramming.
SAVE International, "Value Methodology Standard," section on Function Analysis, describing all-the-time functions as those that occur continuously during system operation.

NEW QUESTION # 40
......
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