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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

Question 1

Between carpet and vinyl, which is a better value option for the owner over the service life of the products?

A. Carpet $138,000
B. Carpet $120,000
C. Vinyl Tile $178,000
D. Vinyl Tile $130,000

Question 2

During the Implementation Phase, the project manager is tasked to ensure compliance with internal tracking and auditing procedures. Which action would most effectively demonstrate the application of tracking and audit knowledge and skills?

A. Develop a training manual for new employees on how to use the project management system, but do not include tracking procedures.
B. Only review audit logs at the end of the project to assess compliance and make necessary adjustments for future projects.
C. Implement a weekly status update meeting where project milestones are discussed, but focus solely on outcomes without auditing the processes used.
D. Conduct regular audits of project documents to confirm all data entries are accurate and compliant with company standards.

Question 3

Which statement best describes the Implementation Phase?

A. It occurs before the Information Phase to collect user attitudes
B. It is where all unselected ideas are formally approved
C. It is identical to the Creativity Phase
D. It converts accepted value proposals into executed changes and tracks results

Question 4

During the Presentation Phase, the team leader should primarily do which of the following?

A. Begin random function identification
B. Document and communicate developed alternatives and value improvement opportunities
C. Generate all possible alternatives without evaluation
D. Replace the owner's decision-making authority

Question 5

What are key factors that cause VM programs to fail?
Choose 2 answers.

A. Locating the VM program within a department in the organization
B. Management support
C. An undefined implementation and change management process
D. Tracking VM study results

Solutions: