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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

1. Some stakeholders disagree with their level of involvement in the VM study scope. What tool could the VM facilitator use to focus the group?

A) Work breakdown structure
B) Paired comparison
C) SWOT analysis
D) RACI matrix

2. Subject information:
Service Life = 12 years
Fuel = $9.00 per liter
Annual kilometers driven = 40,000 kilometers
Car A: Paid $40,000 , needs batteries every two years at $600 , needs tires every two years at $1,000 , fuel efficiency = 10 kilometers per liter .
Car B: Paid $50,000 , needs tires every two years at $2,000 , fuel efficiency = 15 kilometer per liter .
Car C: Paid $60,000 , needs tires every two years at $4,000 , fuel efficiency = 20 kilometer per liter .
What are the repair and replacement costs for Car B for the service life of the vehicle?

A) $12,000
B) $6,000
C) $10,000
D) $4,000

3. Which statement best describes the Implementation Phase?

A) It converts accepted value proposals into executed changes and tracks results
B) It occurs before the Information Phase to collect user attitudes
C) It is where all unselected ideas are formally approved
D) It is identical to the Creativity Phase

4. The decision makers cling to familiar ways and reject all the VM proposals. What strategy could the VM facilitator use to persuade them to reconsider their decisions?

A) Identify how to modify behaviors in the context of the new situation.
B) Provide information only as required to reduce the potential for discomfort.
C) Identify areas of instability.
D) Repeat the VM study with new team members.

5. What tool could the VM study team use to show customer satisfaction?

A) Customer FAST
B) Quality function deployment
C) Resource model
D) Quality management plan

Solutions: