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SAVE International CVS Exam : Certified Value Specialist

CVS actual test
  • Exam Code: CVS
  • Exam Name: Certified Value Specialist
  • Updated: Aug 22, 2026
  • Q & A: 149 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

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SAVE International CVS Exam Syllabus Topics:

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

                          SAVE International Certified Value Specialist Sample Questions:

                          1. One member of the group is dominating the discussions. What approach should the VM Facilitator use to engage the group?

                          A) ignore the other members of the group
                          B) ask questions of the quiet members
                          C) ask the dominating member to leave
                          D) present other materials


                          2. A team wants to skip Function Analysis because the design solution already appears obvious. What is the best CVS-level response?

                          A) Agree, because Function Analysis is optional when experts are present
                          B) Perform Function Analysis because it is essential to a valid VM study
                          C) Replace Function Analysis with procurement benchmarking only
                          D) Skip directly to Development to save time


                          3. Which of the following are the outputs of the Presentation Phase?
                          Choose 2 answers.

                          A) The VM study report
                          B) List of VM proposals and results
                          C) List of participants
                          D) Schedule the VM presentation


                          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) Engineering
                          C) Human resources
                          D) Marketing
                          E) Production


                          5. A VM study team struggles to reach consensus while evaluating an idea during the Evaluation Phase. Which approaches should the VM facilitator use?
                          Choose 3 answers.

                          A) Have the team modify the title of the idea.
                          B) Restart the evaluation process.
                          C) Remove the idea from further consideration.
                          D) Ensure each team member has provided their input.
                          E) Ask for more information about the idea.


                          Solutions:

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

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