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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

Question 1

Which type of cost is calculated for study items by multiplying the unit cost by the number of units produced per year?

A. Total costs
B. Life-cycle costs
C. Annualized costs
D. Incremental unit costs

Question 2

Which of the following are typically documented in the "accepted" VM proposal status report?
Choose 3 answers.

A. Performance impacts
B. VM study presentation
C. Tracking identification number
D. Next update
E. Report number

Question 3

What should the VM facilitator consider for the title of a VM proposal?
Choose 2 answers.

A. Using specific technical language
B. Using a concise description of the proposal
C. Using general non-specific jargon
D. Framing the title to help sell the concept

Question 4

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

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

Question 5

Which of the following are typically documented on an Implementation Form?
Choose 3 answers.

A. Developer of the VM proposal
B. Title of the VM proposal
C. VM proposal number
D. Creative idea list
E. Risk impacts

Solutions: