SAVE International Guaranteed-to-Run

Value Methodology Fundamentals 1 (VMF 1)

Value Methodology Fundamentals 1 (VMF 1) by Open Source enables project professionals to master the SAVE International standard to reduce project costs by 20% while maintaining performance. This 40-hour intensive course provides a transparent, open-source curriculum that solves the industry challenge of inefficient resource allocation where project budgets are often wasted on non-value-added activities. By completing this training, you gain the structured methodology required to sit for the Value Methodology Associate certification exam. Graduates earn formal recognition to lead value improvement teams and advance toward Certified Value Specialist status with proven expertise in systematic value analysis.

32 Hours (4 Days)
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0+ professionals trained

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Course Overview

The Value Methodology Fundamentals 1 (VMF 1) course by Open Source, delivered through SAVE International’s accredited program, provides foundational training in value methodology principles essential for professionals pursuing the Value Methodology Associate (VMA) certification. Designed for engineers, project managers, and cost analysts, this course equips learners with the core competencies required to contribute effectively to value management studies. As organizations across construction, manufacturing, and public infrastructure sectors increasingly adopt value methodology to optimize project outcomes, demand for certified practitioners has grown—over 70% of Fortune 500 companies in engineering and construction now utilize formal value management processes. The VMF 1 curriculum aligns with industry standards outlined in the SAVE International VM Guide, ensuring participants gain recognized expertise applicable across diverse project environments.

Learners engage with key components of the value methodology job plan through two integrated modules: the self-paced VMF1A eLearning Seminar and the instructor-led VMF1B VM Study Performance Course. The program covers critical tools such as function analysis, FAST (Function Analysis System Technique) diagramming, idea generation techniques, and value improvement strategies. Hands-on learning occurs in the VMF1B course, conducted in a virtual or in-person classroom environment led by SAVE-approved instructors. During this 24-hour facilitated training, students work collaboratively on a real-world project case study, applying workshop phases of the VM job plan to analyze a sample infrastructure or product development project. Using structured exercises and guided facilitation, participants practice building function models, conducting creative brainstorming sessions, and evaluating alternatives to deliver optimal value solutions.

Successfully completing the Value Methodology Fundamentals 1 (VMF 1) course prepares candidates to sit for the VMA certification exam, a globally recognized credential that validates foundational proficiency in value methodology. The VMA designation enhances career prospects, with certified professionals reporting an average salary increase of 15–20% in project-focused roles within engineering and program management. Koenig Solutions supports learners with official courseware, 1-on-1 training guidance, and a Guaranteed-to-Run schedule, ensuring timely access to accredited instruction. Graduates of the VMF 1 program are well-positioned to advance into roles as value team members or assistant facilitators, paving the way for leadership in value management and further certification as a Certified Value Specialist (CVS®).

What You'll Learn

Define the Open Source Value Methodology (VMF 1) and its core principles, emphasizing how it helps organizations optimize value and reduce costs through structured analysis.
Apply the phases of the Open Source VM Job Plan in real-world scenarios to identify opportunities for efficiency and value enhancement.
Conduct Function Analysis using Open Source VM standards to pinpoint areas for improvement and cost savings.
Facilitate Creativity and Evaluation phases in Open Source VM studies to generate innovative solutions and assess their feasibility effectively.
Develop and present actionable recommendations aligned with Open Source VM guidelines that drive measurable improvements.
Support effective Implementation planning within the Open Source VM framework to ensure successful execution and sustained value realization.

Prerequisites

Recommended knowledge before taking this course
  • Minimum 1 year of professional experience in engineering, business analysis, or project management
  • Basic understanding of project management principles
  • Familiarity with basic cost-benefit analysis concepts
  • Completion of preliminary reading materials on the SAVE International Value Methodology Job Plan
  • Proficiency in English to comprehend technical terminology used in VMF 1 by Open Source
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Certification Exam

Everything you need to know about the Value Methodology Fundamentals 1 (VMF 1) certification exam

Exam Details
Exam Name
Format
Multiple choice, labs & case studies
Questions
Duration
Passing Score
Validity
Retake Policy
Candidates mastering Value Methodology Fundamentals 1 (VMF 1) may retake the VMA exam twice within one year for a $100 fee. A third failure requires a full reapplication.
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Value Methodology Fundamentals 1 (VMF 1)

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Course Curriculum

Structured learning with hands-on labs and real-world scenarios

1
Day 1– Mastering Value Methodology Fundamentals 1 (VMF 1)
Value Methodology Overview Concepts Core VM Professional Competencies VM Job Plan Framework Structure VM Team Member Essential Roles Value Methodology Associate (VMA) Certification SAVE International VM Industry Standards Strategic VM Study Objectives Ethics in Value Management Practices
2
Day 2– Preparation and Information Phase Tactics
Effective Study Planning and Scoping Key Stakeholder Identification Methods Advanced Data Collection Techniques Comprehensive Project Information Gathering Defining Precise Study Subject Boundaries Professional VM Workshop Preparation Clarifying Team Roles and Responsibilities Information Phase Deliverables Requirements
3
Day 3– Function Analysis Phase Methodologies
Essential Function Definition Basics Standard Verb-Noun Function Naming Function Classification (Basic, Secondary) Function Analysis System Technique (FAST) Building a Robust FAST Diagram Detailed Function Cost Analysis Identifying Critical Underperforming Functions Expert Function Workshop Facilitation
4
Day 4– Creativity and Evaluation Phase Strategies
Proven Idea Generation Techniques Brainstorming Best Practice Models Creative Thinking in VM Workflows Initial Screening of Viable Ideas Evaluation Matrix Development Tools Multi-Criteria Decision Analysis Frameworks Weighted Decision Criteria Application Selecting High-Potential Project Alternatives
5
Day 5– Development and Presentation Phase Excellence
Alternative Development and Refinement Precise Cost-Worth Analysis Methods Developing Actionable Implementation Plans Presentation of VM Recommendations Effective Stakeholder Communication Strategies Reporting Accurate VM Study Results Implementation Follow-Up Process Management VM Study Documentation and Archiving

What's Included in Your Training

Every enrollment comes packed with resources to maximise your learning and exam success

Career Outcomes

75%

of Value Methodology Fundamentals 1 (VMF 1) certified professionals report career advancement within 6 months

Salary Impact

+15%

Average salary increase reported after obtaining the Value Methodology Fundamentals 1 (VMF 1) certification

Typical Salary Range (Global)
Entry$90,000–$115,000
Mid$115,000–$145,000
Senior$145,000–$180,000

*Source: Glassdoor / LinkedIn 2025

Job Roles

6
  • Value Methodology Team Member
  • Value Engineering Associate
  • Cost Optimization Analyst
  • Project Value Analyst
  • Value Study Facilitator Assistant
  • Value Management Specialist

Companies Hiring

5,000+
Bechtel AECOM Jacobs Engineering WSP Global HDR Fluor Corporation Turner Construction Parsons Corporation KBR SNC-Lavalin

and 5,000+ organizations worldwide seeking Value Methodology Fundamentals 1 (VMF 1) certified professionals

Real Transformations

Course Student Reviews

Real results from IT professionals who trained with Koenig — rated 4.9/5 from 18,400+ verified reviews.

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  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

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    Cloud Solutions Architect

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  • ★★★★★

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    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
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    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

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    AI Engineer

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    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified
  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified

Frequently Asked Questions

Everything you need to know about the Value Methodology Fundamentals 1 (VMF 1) training course

Is the Value Methodology Associate (VMA) certification exam included in the Value Methodology Fundamentals 1 (VMF 1) course fee, and what is the exam cost if separate?
The VMA certification exam is not included in the Open Source VMF 1 course fee. It must be purchased separately for $100 USD. Candidates register and pay via SAVE’s testing agency, Kryterion, after finishing VMF1A and VMF1B. Each exam retake also costs $100 USD.
What training formats does Koenig Solutions offer for Value Methodology Fundamentals 1 (VMF 1), and is it Guaranteed-to-Run?
Koenig Solutions offers live online 1-on-1 and public instructor-led training for VMF 1, all Guaranteed-to-Run (GTR). The 32-hour course is delivered via flexible sessions on weekdays or weekends. Classroom training is available upon request at global locations for your team.
How long is lab access provided for VMF 1, and what type of lab environment is used?
Koenig provides 4,159 INR worth of hands-on lab access as an optional add-on for VMF 1, delivered through cloud-based virtual labs. These labs are accessible during and shortly after the 32-hour live training period to reinforce your practical application of value methodology concepts.
What is Koenig Solutions' rescheduling and cancellation policy for the VMF 1 course?
Koenig Solutions allows flexible rescheduling and cancellation for VMF 1 with no penalties if notified in advance. Their standard policy permits changes without fees, aligning with their customer-friendly approach for all live online and classroom training programs to ensure your peace of mind.
What is the format, number of questions, passing score, and time limit for the VMA certification exam?
The VMA exam has two parts: Fundamentals (40 questions, 30 minutes) and Function Analysis (40 questions, 60 minutes), totaling 90 minutes. A 70% score is required to pass each section. The exam is proctored online via webcam to verify your professional certification credentials.
How long is the Value Methodology Associate (VMA) certification valid, and what is the renewal process and cost?
The VMA certification is valid for two years. To renew, holders must earn 8 'Learn VM' PDUs and pay renewal fees. The process involves submitting an affidavit and payment via the official SAVE online portal before expiration to maintain your active professional status.
What post-training support does Koenig Solutions provide after completing the VMF 1 course?
Koenig provides post-training support through online access to expert trainers for doubt resolution, course recordings for review, and exam preparation assistance. This ensures you can reinforce complex concepts and receive guidance long after the 32-hour live training concludes for your career.
What are the prerequisites or prior experience needed to enroll in the Value Methodology Fundamentals 1 (VMF 1) course?
There are no formal prerequisites for VMF 1, though it is designed for professionals in engineering, project management, construction, or manufacturing. The course is the foundational step toward VMA certification and requires completion of VMF1A (self-paced eLearning) before attending the VMF1B session.
What is the typical salary increase or career impact after obtaining the Value Methodology Associate (VMA) certification?
Professionals with VMA certification report a 15–20% increase in career advancement, particularly in project management and cost optimization. Certified individuals qualify for roles like Value Engineer or VM Consultant, with average salaries ranging from $75,000 to $110,000 annually in the U.S. market.
How does instructor-led VMF 1 training from Koenig compare to self-study options in terms of certification success rate?
Instructor-led VMF 1 training from Koenig improves certification readiness through interactive learning, real-world case studies, and expert guidance. While self-study (VMF1A) is possible, live training ensures a deeper understanding of FAST diagrams and function analysis, leading to higher VMA exam success rates.
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