SAVE International Certified Value Specialist : CVS

SAVE International CVS Actual PDF
  • Exam Code: CVS
  • Exam Name: Certified Value Specialist
  • Updated: Aug 24, 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:

SectionObjectives
Topic 1: Value Methodology Overview- Principles of Value Engineering / Value Analysis
  • 1. Value definition and concepts
    • 2. Function analysis basics
      Topic 2: Job Plan Phases- Function Analysis Phase
      • 1. Function identification
        • 2. FAST diagramming
          - Presentation Phase
          • 1. Stakeholder review
            • 2. Proposal presentation
              - Creative Phase
              • 1. Idea generation techniques
                - Development Phase
                • 1. Cost-benefit analysis
                  • 2. Solution development
                    - Information Phase
                    • 1. Project scope definition
                      • 2. Data collection and cost review
                        - Evaluation Phase
                        • 1. Idea screening and ranking
                          Topic 3: Professional Practice Requirements- Project documentation and reporting
                          - Value study facilitation

                          SAVE International Certified Value Specialist Sample Questions:

                          1. The left project scope line is located between the

                          A) Subject objectives and all-the-time functions
                          B) Higher order and basic functions
                          C) Secondary and lower order functions
                          D) Basic and secondary functions


                          2. Which of the following is information that is typically documented for "conditionally accepted" VM proposals during the Implementation Meeting?
                          Choose 3 answers.

                          A) VM team disagreements
                          B) Timing of the final decision
                          C) Responsibilities
                          D) Grammar changes to the VM proposals
                          E) Action required


                          3. Which of the following are key considerations when selecting an in-person meeting room?
                          Choose 4 answers.

                          A) Tables arranged in U-shape.
                          B) Comfort of chairs.
                          C) Number of windows and wall space available.
                          D) Availability for the duration of the workshop.
                          E) Location relative to the study subject site.
                          F) Temperature controls.


                          4. What are key reasons to use a fine evaluation filter?
                          Choose 2 answers.

                          A) It slows the process to promote initial ideas.
                          B) It allows differentiation between ideas.
                          C) It uses weighted relative importance.
                          D) It increases rigor in the evaluation process.


                          5. What are typical examples of evaluation criteria used for a business process study during the Evaluation Phase?
                          Choose 2 answers.

                          A) Environmental impact
                          B) Maintenance
                          C) Efficiency
                          D) Scalability


                          Solutions:

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

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