I assume the VRMs can be tested as any other component, just need to know which values I'd expect from the testing?
"VRM" is just a fancy name for a voltage regulator/converter. It is not a "component" per se but a module ("VRM" = "voltage regulator module") containing one or several chips, perhaps some MOSFETs (for the high current ones), some inductors and a boatload of capacitors and resistors. Furthermore, it is very often a misnomer because this circuitry is commonly integrated directly onto the main PCB and not really any kind of separate/replaceable module. So don't expect that you could stick this into some cheap tester that tells you "OK"/"NOT OK" and done.
If you want to test whether it works as it should, you need to know at least what the input and output voltage(s) are supposed to be and what ripple is acceptable. And if those voltages aren't right for whatever reason, you will need to understand how the circuit works in order to have any chance to find the problem. So better start reading up on DC-DC converters ...