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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

1. Which of the following are appropriate techniques to achieve the expected output in the Function Analysis Phase?
Choose 2 answers.

A) Random function identification
B) Process flowchart
C) Paired comparison matrix
D) FAST diagramming
E) Detailed cost analysis

2. On the Function Logic Path, how do prescription eyeglasses correct vision?

A) Secure position
B) Align focus
C) Minimize weight
D) Improve durability

3. Which of the following are typically documented in the "accepted" VM proposal status report?
Choose 3 answers.

A) VM study presentation
B) Next update
C) Report number
D) Performance impacts
E) Tracking identification number

4. When a higher discount rate is used to calculate life cycle costs, which change occurs to the value of money over time?

A) The life cycle cost is reduced.
B) The life cycle cost is increased.
C) There is no change.
D) The discount rate is not needed.

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) highlight the strengths of each VM team member.
C) explain how the Value Methodology works.
D) focus on the VM study job plan.

Solutions: