SAVE International CVS Questions & Answers - in .pdf
- Total Q&A: 149
- Update: Oct 11, 2026
- Price: $59.99
- Vendor: SAVE International
- Exam Code: CVS
- Exam Name: Certified Value Specialist
- Features:
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- Exact SAVE International CVS Exam Questions with Correct Answers, verified by Experts with years of Experience in IT Field.
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SAVE International CVS Exam Syllabus Topics:
| Section | Weight | Objectives |
| Leadership and Facilitation | 15% | - Stakeholder management and communication
- Workshop facilitation skills
- Leading value study teams
|
| Tools and Techniques | 20% | - Cost analysis and worth assessment
- Decision-making and evaluation tools
- Function analysis system technique (FAST)
- Creative thinking and idea generation methods
|
| Value Methodology Job Plan | 30% | - Evaluation phase
- Preparation phase
- Development phase
- Information phase
- Creative phase
- Presentation and implementation phase
- Function analysis phase
|
| Value Methodology Principles and Concepts | 25% | - Value index, function and cost relationship
- Definition and core concepts of Value
- Origins, development and application scope of Value Methodology
|
| Standards, Ethics and Application | 10% | - Professional ethics and responsibilities
- Application in different industries and sectors
- SAVE International standards and guidelines
|
SAVE International Certified Value Specialist Sample Questions:
Question #1
Match each Phase with its correct question:

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. Implement a weekly status update meeting where project milestones are discussed, but focus solely on outcomes without auditing the processes used.
B. Only review audit logs at the end of the project to assess compliance and make necessary adjustments for future projects.
C. Conduct regular audits of project documents to confirm all data entries are accurate and compliant with company standards.
D. Develop a training manual for new employees on how to use the project management system, but do not include tracking procedures.
Question #3
Which function of prescription eyeglasses is located in the "When" direction?

A. Facilitate sight
B. Maintain position
C. Modify vision
D. Fold eyeglasses
Question #4
Which of the following support an organization in lessons learned from a VM study?
Choose 2 answers.
A. Filter out any lessons that had negative impacts.
B. Require changes based on specific challenges.
C. Highlight the design errors and those responsible.
D. Document both the successes and the challenges.
Question #5
Carpet and vinyl tile are acceptable alternatives for an owner to cover 1,000 square meters of floor.
Carpet
Installed cost, including pad = $30 / square meter
Service life = 10 years
Maintenance cost: vacuum weekly = $500 / month
Maintenance cost: shampoo once per year = $3,000 / shampoo
Vinyl
Installed cost, including pad = $10 / square meter
Service life = 15 years
Maintenance cost: vacuum weekly = $400 / month
Maintenance cost: strip and wax once per month = $1,000 / strip and wax Between carpet and vinyl, which is a better value option for the owner over the service life of the products?
A. Carpet $120,000
B. Vinyl Tile $178,000
C. Vinyl Tile $130,000
D. Carpet $138,000
Solutions:
Question #1 Correct Answer: Only visible for members | Question #2 Correct Answer: C | Question #3 Correct Answer: B | Question #4 Correct Answer: B,D | Question #5 Correct Answer: A |
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