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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

1. What is the role of the VM facilitator during the Development Phase?
Choose 2 answers.

A) Review VM proposals
B) Research VM proposal background
C) Prepare VM proposals
D) Rewrite VM proposals

2. The Value Methodology
Choose 2 answers.

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

3. The project team expresses uncertainty about how their tasks align with the overall objectives of the VM Job Plan. What steps should the VM facilitator take to enhance understanding of the VM Job Plan?
Choose 2 answers.

A) Facilitate a discussion to improve their understanding of how their tasks contribute to the VM Job Plan.
B) Establish a deadline for project members to complete their preparation.
C) Present the VM Job Plan in detail with minimal interaction, allowing team members to ask questions at the end.
D) Encourage a collaborative environment by pairing project and VM team members for more in-depth discussions of each other's roles.

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

5. A small group within the VM team is sitting silently and won't engage. What should the VM facilitator do?

A) Engage the other VM team members
B) Ask the group to leave
C) Open discussions with the group
D) Ignore potential threats to the group

Solutions: