SAVE International CVS Exam Questions : Certified Value Specialist

  • Exam Code: CVS
  • Exam Name: Certified Value Specialist
  • Updated: Oct 15, 2026
  • Q&As: 149 Questions and Answers

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SAVE International CVS Exam Syllabus Topics:

SectionObjectives
Topic 1: Value Methodology Core Competencies- Value Methodology Job Plan Application
- Value Concept
  • 1. Reasons for poor value
    • 2. Development of value concept
      • 3. Elements of value
        - Function Analysis
        - VM Study Execution and Team Management
        - VM Facilitation and Leadership
        - Advanced VM Practice (Leadership-level application)
        - Value Methodology Foundations
        • 1. Application areas of VM
          • 2. History and evolution of VM
            • 3. Foundational concepts of Value Methodology

              SAVE International Certified Value Specialist Sample Questions:

              Question #1

              A baseline design has a function cost of $120,000 and the team estimates the function worth at $80,000.
              Using VI = FC ÷ FW, what is the Value Index?

              • A. 0.67
              • B. 1.00
              • C. 2.00
              • D. 1.50
              Reveal Solution  Discussion  0

              Correct Answer: D  🗳️

              Explanation: Only visible for PassSureExam members. You can sign-up / login (it's free).

              Question #2

              What are effective approaches used by the VM facilitator during the Evaluation Phase?
              Choose 2 answers.

              • A. Establish a clear context for the session.
              • B. Recognize when the group is off-topic and redirect them.
              • C. Select a single evaluation technique to be used for the process.
              • D. Avoid discussion of additional or modified ideas.
              Reveal Solution  Discussion  0

              Correct Answer: A,B  🗳️

              Explanation: Only visible for PassSureExam members. You can sign-up / login (it's free).

              Question #3

              Which approaches should the VM facilitator use to encourage innovation?
              Choose 2 answers.

              • A. Imagining the ideal future by focusing on long-term goals for maximizing future potential
              • B. Avoiding the combining and testing of new combinations
              • C. Maintaining current systems that work well
              • D. Exploring by discovering new possibilities using ideas from other areas and disciplines
              Reveal Solution  Discussion  0

              Correct Answer: A,D  🗳️

              Explanation: Only visible for PassSureExam members. You can sign-up / login (it's free).

              Question #4

              Which of the following activities should be prioritized during the Evaluation Phase to analyze the subject's impact?
              Choose 2 answers

              • A. Define key performance indicators that align with subject objectives.
              • B. Conduct a one-time survey to gather staff opinions.
              • C. Review the project's budget to assess financial efficiency.
              • D. Set baseline criteria for measurement against future outcomes.
              Reveal Solution  Discussion  0

              Correct Answer: A,D  🗳️

              Explanation: Only visible for PassSureExam members. You can sign-up / login (it's free).

              Question #5

              The VM study team appears engaged but is not making progress. Which of the following is the most likely cause?

              • A. Group size
              • B. Social loafing
              • C. Uncomfortable environment
              • D. Groupthink
              Reveal Solution  Discussion  0

              Correct Answer: D  🗳️

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