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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

Question 1

Which of the following should be considered when preparing the VM study report?
Choose 3 answers.

A. Creating a document for those not involved in the VM study
B. Focusing on the typical audience of stakeholders and project managers
C. Using technical language
D. Status of the VM study subject
E. Identifying non-study focus groups

Question 2

Which behavior best reflects the proper role of a VM facilitator?

A. Directing the team to select the facilitator's preferred technical solution
B. Remaining substantively neutral while guiding the team through the Job Plan
C. Acting as the owner's cost estimator only
D. Eliminating stakeholder disagreement before function analysis begins

Question 3

A FAST diagram is used to
Choose 3 answers.

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

Question 4

What is the most appropriate description of the Information Phase?

A. Make sure management agrees with the topic being studied
B. Gather, organize, review, and transform data collected
C. Collect and restructure data to support the function analysis phase
D. Confirm timing of Job Plan phases with the customer

Question 5

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 are the repair and replacement costs for Car B for the service life of the vehicle?

A. $10,000
B. $4,000
C. $6,000
D. $12,000

Solutions: