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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

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

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

2. What is needed most for a successful VM program?

A) Upper management commitment
B) Having a trained staff
C) Following the VM Job Plan
D) Awareness of applicable laws and standards

3. A RACI matrix identifies
Choose 3 answers.

A) level of stakeholder involvement in activities.
B) weighted performance attributes.
C) what reasonable information is to be provided.
D) stakeholders required to provide feedback.
E) threats and opportunities.

4. Carpet and vinyl tile are acceptable alternatives for an owner to cover 1,000 square meters of floor. Carpet installation cost is $30 per square meter. What is the initial cost of the carpet?

A) $33,000
B) $36,000
C) $30,000
D) $32,500

5. At a VM study implementation meeting the VM facilitator is asked to make a five-minute presentation. The presentation should

A) demonstrate that the VM team understood objectives of the VM study.
B) focus on the VM study job plan.
C) explain how the Value Methodology works.
D) highlight the strengths of each VM team member.

Solutions: