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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

1. Which of the following actions would be appropriate for transforming your subject's information into a useful work breakdown structure?
Choose 2 answers.

A) List all activities in chronological order without grouping by deliverables.
B) Identify major milestones and decompose them into manageable elements.
C) Focus on cost estimates instead of deliverables.
D) Break down the project into defined elements.

2. Some stakeholders disagree with their level of involvement in the VM study scope. What tool could the VM facilitator use to focus the group?

A) RACI matrix
B) SWOT analysis
C) Paired comparison
D) Work breakdown structure

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

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

4. Subject information:
Service Life = 12 years
Fuel = $9.00 per liter
Annual kilometers driven = 40,000 kilometers
Car A: Paid $40,000 , needs batteries every two years at $600 , needs tires every two years at $1,000 , fuel efficiency = 10 kilometers per liter .
Car B: Paid $50,000 , needs tires every two years at $2,000 , fuel efficiency = 15 kilometer per liter .
Car C: Paid $60,000 , needs tires every two years at $4,000 , fuel efficiency = 20 kilometer per liter .
What is the annual cost for Car C for the service life of the vehicle?

A) $216,000
B) $198,000
C) $36,000
D) $18,000

5. Which of the following are specific VM facilitator tasks to be completed prior to the VM study workshop?
Choose 2 answers.

A) Developing a high-level agenda to review with the client and obtaining approval
B) Preparing a draft of the Implementation Phase
C) Identifying functions for the VM Team's consideration
D) Compile information gathered for the Information Phase

Solutions: