SAVE International CVS : Certified Value Specialist

  • Exam Code: CVS
  • Exam Name: Certified Value Specialist
  • Updated: Oct 06, 2026     Q & A: 149 Questions and Answers

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SAVE International CVS Exam Syllabus Topics:

SectionObjectives
Topic 1: Value Methodology Core Competencies- Function Analysis
- VM Study Execution and Team Management
- Value Concept
  • 1. Elements of value
    • 2. Development of value concept
      • 3. Reasons for poor value
        - Value Methodology Foundations
        • 1. Foundational concepts of Value Methodology
          • 2. Application areas of VM
            • 3. History and evolution of VM
              - Value Methodology Job Plan Application
              - VM Facilitation and Leadership
              - Advanced VM Practice (Leadership-level application)

              SAVE International Certified Value Specialist Sample Questions:

              Question #1

              Carpet and vinyl tile are acceptable alternatives for an owner to cover 1,000 square meters of floor.
              Carpet
              Installation cost, including pad = $30 / square meter
              Service life = 10 years
              Maintenance cost: vacuum weekly = $500 / month
              Maintenance cost: shampoo once per year = $3,000 / shampoo
              Vinyl
              Installation cost, including pad = $10 / square meter
              Service life = 15 years
              Maintenance cost: vacuum weekly = $400 / month
              Maintenance cost: strip and wax once per month = $1,000 / strip and wax What is the initial cost of the carpet ?

              • A. $33,000
              • B. $32,500
              • C. $36,000
              • D. $30,000
              Reveal Solution  Discussion  0

              Correct Answer: D  🗳️

              Explanation: Only visible for Prep4sures members. You can sign-up / login (it's free).

              Question #2

              Which behavior best reflects the proper role of a VM facilitator?

              • A. Acting as the owner's cost estimator only
              • B. Directing the team to select the facilitator's preferred technical solution
              • C. Remaining substantively neutral while guiding the team through the Job Plan
              • D. Eliminating stakeholder disagreement before function analysis begins
              Reveal Solution  Discussion  0

              Correct Answer: C  🗳️

              Explanation: Only visible for Prep4sures members. You can sign-up / login (it's free).

              Question #3

              A VM program's standard operating procedures should include

              • A. a required number of creative ideas to be generated in a study.
              • B. a requirement that each VM team member be independent from the development team.
              • C. a listing of standard functions to be included in a VM study.
              • D. how subjects for VM studies are identified.
              Reveal Solution  Discussion  0

              Correct Answer: D  🗳️

              Explanation: Only visible for Prep4sures members. You can sign-up / login (it's free).

              Question #4

              A company wants to add a new product to its manufacturing process. Who should provide input as this new product will affect the current manufacturing process?
              Choose 3 answers.

              • A. Maintenance
              • B. Production
              • C. Marketing
              • D. Human resources
              • E. Engineering
              Reveal Solution  Discussion  0

              Correct Answer: A,B,E  🗳️

              Explanation: Only visible for Prep4sures members. You can sign-up / login (it's free).

              Question #5

              What does VOC stand for?

              • A. Value of concepts
              • B. Voice of the client
              • C. Voice of the customer
              • D. Value of communications
              Reveal Solution  Discussion  0

              Correct Answer: C  🗳️

              Explanation: Only visible for Prep4sures members. You can sign-up / login (it's free).

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