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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

1. Which of the following are fine filter actions a VM study team can take to evaluate ideas?
Choose 2 answers.

A) Rank the ideas based on estimated costs.
B) Conduct a SWOT analysis for each idea.
C) Gather team feedback on all ideas without discussion.
D) Align each idea with the subject study goals.

2. What should the VM facilitator do differently in the virtual versus in-person environment when delivering a VM presentation?

A) Identify independent work tools
B) Consider participant access restrictions
C) Define remote access
D) Use AI technology

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

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

4. Which of the following actions is the most effective method for encouraging stakeholder engagement during the implementation phase?

A) Coordinate with the project manager to distribute information to stakeholders.
B) Assign tasks to team members before informing stakeholders.
C) Use formal reports to streamline the process.
D) Provide stakeholders with the VM study report during the implementation meeting.

5. SWOT stands for

A) strengths, weaknesses, opportunities, and threats.
B) strengths, weaknesses, organization, and threats.
C) standards, weaknesses, organization, and thresholds.
D) standards, weaknesses, organization, and threats.

Solutions: