SAVE International CVS : Certified Value Specialist

  • Exam Code: CVS
  • Exam Name: Certified Value Specialist
  • Updated: Aug 05, 2026
  • Q & A: 149 Questions and Answers

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About SAVE International CVS Exam

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SAVE International CVS Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Leadership and Facilitation15%- Workshop facilitation skills
- Stakeholder management and communication
- Leading value study teams
Topic 2: Tools and Techniques20%- Creative thinking and idea generation methods
- Function analysis system technique (FAST)
- Decision-making and evaluation tools
- Cost analysis and worth assessment
Topic 3: Value Methodology Job Plan30%- Development phase
- Information phase
- Creative phase
- Preparation phase
- Presentation and implementation phase
- Evaluation phase
- Function analysis phase
Topic 4: Value Methodology Principles and Concepts25%- Definition and core concepts of Value
- Origins, development and application scope of Value Methodology
- Value index, function and cost relationship
Topic 5: Standards, Ethics and Application10%- Application in different industries and sectors
- SAVE International standards and guidelines
- Professional ethics and responsibilities

SAVE International Certified Value Specialist Sample Questions:

1. Which of the following are the effects of increasing the duration of a VM study?
Choose 2 answers.

A) Evaluation techniques are more thoughtful
B) Site visit duration is unchanged
C) Additional creative techniques can be used
D) More VM proposals are implemented
E) Numerous FAST diagrams are constructed


2. Pareto's law of distribution can be applied to
Choose 4 answers.

A) standards.
B) risk.
C) quality.
D) costs.
E) time.
F) performance.


3. What is the expected output or deliverable of the Information Phase?

A) Identification of value improvement opportunities
B) Definition of study subject functions
C) Recommended value improvement proposals
D) Thorough understanding of the study subject


4. Which of the following considerations should be included in the Implementation Plan for each of the accepted VM proposals?
Choose 3 answers.

A) VM Team involvement
B) Implementation costs
C) Responsibility
D) Schedule
E) New Proposals


5. Which factors influence the scheduling of the presentation at the end of the VM study workshop?
Choose 2 answers.

A) Number of participants
B) Size of the VM team
C) Number of VM proposals developed
D) Level of management involvement


Solutions:

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

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