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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

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

A) Groupthink
B) Group size
C) Social loafing
D) Uncomfortable environment

2. There is resistance to a new VM program in an organization. What should a VM program coordinator focus on to increase acceptance of VM?

A) Identify a few subjects that would benefit from change and recommend a VM study through dialogue with staff.
B) Explain the difference between VM and other value-improving programs (TRIZ, Lean 6-Sigma, etc.)
C) Highlight that there are many areas with deficiencies that will be improved by VM.
D) Prepare a memo for the CEO to sign that requires staff to incorporate VM in all departments.

3. Some stakeholders disagree with their level of involvement in the VM study scope. What tool could the VM facilitator use to focus the group?

A) Work breakdown structure
B) RACI matrix
C) Paired comparison
D) SWOT analysis

4. What is needed most for a successful VM program?

A) Awareness of applicable laws and standards
B) Following the VM Job Plan
C) Upper management commitment
D) Having a trained staff

5. The Value Methodology
Choose 2 answers.

A) Develops realistic budgets
B) Accelerates the design process
C) Encourages multidisciplinary communication
D) Maintains paradigms

Solutions: