Use a wiring diagram. Locate the terminals running into and out of the ignition module.
Turn the ignition on and use your DVOM to check for voltage to the ignition module and the positive terminal of the ignition coil. Place the negative lead of your DVOM to a solid ground and use the positive lead to probe the wires running to the ignition module and to the ignition coil.
If your DVOM shows that voltage is present at both locations, remove the DVOM leads and set the meter aside. Connect the ground lead from the twelve volt test light to the negative terminal on the ignition coil. Have your partner crank the engine over several times. Your test light should flicker on and off. If so, your module is working properly and no further testing is necessary.
If your test light does not flicker on and off, visually inspect the wires running into and out of the ignition module. Look for burn marks, melted wire insulation and breaks in the wires. Use your wire splicing tool to remove the bad area in the wire and use your wire connectors and splicing tool to repair the faulty wires.
Use your DVOM to check for an open circuit condition in the primary coil winding. Touch the negative probe to the negative terminal on the ignition coil, touch the positive lead to the positive terminal. Set the meter to read ohms. If the reading shows infinite ohms, your ignition module is faulty and should be replaced.
If the DVOM test shows low to no ohms, then you have a faulty ignition module that will have to be replaced.