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SAVE International CVS Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Value Methodology Job Plan	30%	- Information phase - Evaluation phase - Preparation phase - Creative phase - Function analysis phase - Presentation and implementation phase - Development phase
Topic 2: Value Methodology Principles and Concepts	25%	- Definition and core concepts of Value - Value index, function and cost relationship - Origins, development and application scope of Value Methodology
Topic 3: Leadership and Facilitation	15%	- Leading value study teams - Workshop facilitation skills - Stakeholder management and communication
Topic 4: Standards, Ethics and Application	10%	- Professional ethics and responsibilities - Application in different industries and sectors - SAVE International standards and guidelines
Topic 5: Tools and Techniques	20%	- Creative thinking and idea generation methods - Decision-making and evaluation tools - Function analysis system technique (FAST) - Cost analysis and worth assessment

SAVE International Certified Value Specialist Sample Questions:

1. Which of the following support an organization in lessons learned from a VM study?
Choose 2 answers.

A) Highlight the design errors and those responsible.
B) Filter out any lessons that had negative impacts.
C) Document both the successes and the challenges.
D) Require changes based on specific challenges.

2. Which of the following should the project manager use to support the implementation of proposals?
Choose 2 answers.

A) Previously gathered user experiences.
B) A contingency plan to address potential issues that may arise during implementation.
C) The implementation plan without assessing current policies and procedures.
D) A detailed implementation plan including timelines and resources.

3. Which statement best describes a FAST diagram?

A) A cost spreadsheet used to calculate inflation
B) A procurement chart showing supplier lead times
C) A graphical model showing dependent relationships among functions
D) A schedule network used to calculate project float

4. Which of the following play a part in effective VM Facilitation?
Choose 3 answers.

A) Recognizing disruptive behavior is personal
B) Practiced ability to plan appropriate group processes
C) Technical knowledge in the subject area
D) Belief in the group and its possibilities
E) Familiarity of facilitation concepts and methods

5. Which of the following are common change drivers?
Choose 3 answers

A) Technological evolution
B) Maintaining habits
C) Process reviews
D) Crises
E) Organizational culture

Solutions:

Question # 1
Answer: C,D

Question # 2
Answer: B,D

Question # 3
Answer: C

Question # 4
Answer: B,D,E

Question # 5
Answer: A,C,D