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SAVE International CVS Exam Syllabus Topics:

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

                          SAVE International Certified Value Specialist Sample Questions:

                          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
                          Reveal Solution  Discussion  0

                          Correct Answer: A  🗳️

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

                          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.
                          Reveal Solution  Discussion  0

                          Correct Answer: A  🗳️

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

                          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
                          Reveal Solution  Discussion  0

                          Correct Answer: B  🗳️

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

                          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
                          Reveal Solution  Discussion  0

                          Correct Answer: C  🗳️

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

                          The Value Methodology
                          Choose 2 answers.

                          • A. Develops realistic budgets
                          • B. Accelerates the design process
                          • C. Encourages multidisciplinary communication
                          • D. Maintains paradigms
                          Reveal Solution  Discussion  0

                          Correct Answer: A,C  🗳️

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

                          989 Customer ReviewsCustomers Feedback (* Some similar or old comments have been hidden.)

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                          Quentin     4 star  

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                          Edwina

                          Edwina     4.5 star  

                          Got CVS certification,thank you very much.

                          Hilary

                          Hilary     4.5 star  

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