Motivation:
It's nice when you can think of the elements of an $A$-module $M$ as sections some $A$-scheme
$Y\to Spec(A)$. That is, maps $Spec(A)\to Y$ such that $Spec(A)\to Y \to Spec(A)$ is the identity.
What's wrong with the "espace étalé":
One way to do this is to consider the associated sheaf $\tilde{M}$, and form its "espace étalé" $\acute{E}t(\tilde{M})$. Observe that this topological space is naturally an $X$-scheme (essentially by its construction, as for $\acute{E}t$ of any sheaf of sets), and that $\Gamma(U,\acute{E}t(\tilde{M})) = \tilde{M}(U)$ for opens $U\subseteq Spec(A)$.
I'm not happy with this construction in that it has "the wrong fibres": for $I\triangleleft A$, the sections of $\acute{E}t(\tilde{M})$ over (base changed to) a closed subscheme $Z(I)$, e.g. a point, do not correspond to $\widetilde{M/IM}$. This is just an instance of the fact that $\acute{E}t$ doesn't respect base change: given $f:Spec(B)\to Spec(A)$, in general $\acute{E}t(f^* \tilde{M})\neq f^* \acute{E}t(\tilde{M})$.
Conclusion:
I want a construction that does respect base change. That is, for any module $M$ on $X$, I want an $X$-scheme $Y$ such that for any $X'\to X$, $\Gamma(X',Y_{X'}) = \tilde{M}_{X'}(X')$. This amounts to representing the functor $B\mapsto B\otimes_A M$ from $A$-algebras to sets. What I know:
It is possible if $M$ has a pre-dual: say $N^\vee = M$, and then $\mathbb{V}(N)=Spec(Sym(N))$ does the trick.
It is not always possible if $M$ is not finitely generated; see this earlier question.
EGA I (1971) 9.4.10 incorrectly says this is only possible when $M$ is locally free.
Why these restrictions on $M,A$?
I want the answer to this question to provide a rigorous geometric intuition about the module $M$. For example, I want to view $Spec(A/I)\subset Spec(A)$ as the support of the $A$-module $A/I$, which doesn't often have a predual. In practice, I mostly want this geometric interpretation for finitely generated modules over a Noetherian ring (and at the moment, the partial answer to Dinakar's question doesn't suit my purposes). So,
Question:
If $M$ is a finitely generated $A$-module, $A$ Noetherian, under what necessary and sufficient conditions on $M$ is the functor $\otimes_A M: A$-alg $\to$ Set representable by an $A$-scheme?