Exam Code: CVS
Exam Name: Certified Value Specialist
Certification Provider: SAVE International
Corresponding Certification: Value Methodology
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SAVE International CVS Exam Syllabus Topics:

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

SAVE International Certified Value Specialist Sample Questions:

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

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


2. The decision-makers agreed to implement a VM proposal requiring an organizational change. What should be done to improve success?
Choose 2 answers.

A) Hire a change management consultant
B) Strictly define the implementation plan
C) Appoint an oversight committee
D) Encourage participation by those affected by the change


3. Which of the following is the most commonly used technique to identify functions?

A) Random Words
B) Mind Mapping
C) FAST
D) Random Function Identification


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


5. What is the correct order for the management of change stages?

A) Acknowledgement, shock, defensive retreat, adaptation to change
B) Defensive retreat, shock, acknowledgement, adaptation to change
C) Adaptation to change, acknowledgement, defensive retreat, shock
D) Shock, defensive retreat, acknowledgement, adaptation to change


Solutions:

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

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

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