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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

1. A FAST diagram is used to
Choose 3 answers.

A) Test the validity of functions under study.
B) Illustrate the relationship of functions to each other.
C) Identify the sequence of functions.
D) Identify required activities.
E) Help identify missing functions.

2. Lower-order functions are
Choose 2 answers.

A) located outside of the right scope line.
B) an output of the VM Study.
C) generally determined by the customer.
D) referred to as "assumed" functions.

3. Which of the following indicates the need to train managers, team members, or decision-makers in the Value Methodology?
Choose 3 answers.

A) Poor results
B) Lack of technical expertise
C) Lack of funding
D) Lack of management support
E) Reluctance to participate in a value study

4. Which of the following play a part in effective VM Facilitation?
Choose 3 answers.

A) Recognizing disruptive behavior is personal
B) Familiarity of facilitation concepts and methods
C) Practiced ability to plan appropriate group processes
D) Belief in the group and its possibilities
E) Technical knowledge in the subject area

5. A VM program manager has the resources to undertake one VM study, but 4 candidate subjects/projects are available, each costing $10 million. Which subject/project should be selected?

A) The subject is similar to a previous successful project, but design has not started. The project is expected to deliver the target ROI.
B) The subject is similar to a previous project, the design is 30% complete, and a detailed estimate is prepared. The previous project achieved the target ROI.
C) The subject is similar to a previous project and the design has not started. The previous project did not achieve the target ROI.
D) The subject design is complete, but there is concern the project will not deliver an ROI.

Solutions: