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Pass SAVE International : CVS Exam - Certification Training Testing Engine - No Pass Full Refund

Exam Code: CVS

Exam Name: Certified Value Specialist

Updated: Sep 19, 2026

Number: 149 Q&As with Testing Engine

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SAVE International CVS Exam Syllabus Topics:
SectionObjectives
Topic 1: Professional Practice Requirements- Value study facilitation
- Project documentation and reporting
Topic 2: Job Plan Phases- Creative Phase
  • 1. Idea generation techniques
    - Development Phase
    • 1. Solution development
      • 2. Cost-benefit analysis
        - Information Phase
        • 1. Data collection and cost review
          • 2. Project scope definition
            - Presentation Phase
            • 1. Stakeholder review
              • 2. Proposal presentation
                - Function Analysis Phase
                • 1. Function identification
                  • 2. FAST diagramming
                    - Evaluation Phase
                    • 1. Idea screening and ranking
                      Topic 3: Value Methodology Overview- Principles of Value Engineering / Value Analysis
                      • 1. Value definition and concepts
                        • 2. Function analysis basics
                          SAVE International Certified Value Specialist Sample Questions:

                          Question #1
                          Which of the following are key considerations when selecting an in-person meeting room?
                          Choose 4 answers.

                          A. Tables arranged in U-shape.
                          B. Number of windows and wall space available.
                          C. Temperature controls.
                          D. Comfort of chairs.
                          E. Location relative to the study subject site.
                          F. Availability for the duration of the workshop.


                          Question #2
                          A VM Facilitator has been asked to propose ways to reduce the value study time commitment of client VM team members who have specialized knowledge required for the study. What should the VM Facilitator propose to best reduce the time commitments of the specialists?

                          A. Recommend that all team members follow all the VM job plan phases to achieve value improvement.
                          B. Recommend VM members with specialized knowledge participate in the Creativity Phase to ensure the team understands their perspectives.
                          C. Suggest VM team members with specialized knowledge participate in the Function Analysis Phase because it leads to creativity.
                          D. Suggest that VM team members with specialized knowledge participate in the Development Phase to ensure reasonable value proposals.


                          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. Exploring by discovering new possibilities using ideas from other areas and disciplines
                          C. Maintaining current systems that work well
                          D. Avoiding the combining and testing of new combinations


                          Question #4
                          A VM study team member determined that the VM proposal will not meet the goals of the study subject.
                          What should the VM facilitator do?
                          Choose 2 answers.

                          A. Disregard the VM proposal.
                          B. Document the reasons for not meeting the goals.
                          C. Review the results with the stakeholders.
                          D. Have the VM team member complete the VM proposal.


                          Question #5
                          On a FAST diagram, the
                          Choose 3 answers.

                          A. lower order function is to the immediate left of the right scope line.
                          B. basic function is to the immediate right of the left scope line.
                          C. higher order function is to the immediate left of the left scope line.
                          D. scope lines represent limits of the VM study subject.
                          E. scope lines are shown as solid lines.


                          Solutions:

                          Question #1
                          Correct Answer: A,B,C,F
                          Question #2
                          Correct Answer: A
                          Question #3
                          Correct Answer: A,B
                          Question #4
                          Correct Answer: B,C
                          Question #5
                          Correct Answer: B,C,D

                          CVS Related Exams
                          VMA - Value Methodology Associate
                          CVS - Certified Value Specialist
                          Related Certifications
                          Value Methodology
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