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Test your knowledge of the CVS exam dumps with SAVE International CVS practice questions. The software is designed to help with Certified Value Specialist (CVS) exam dumps preparation. SAVE International CVS Practice Test software can be used on devices that range from mobile devices to desktop computers.
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Value Methodology Job Plan | 30% | - Function analysis phase - Preparation phase - Creative phase - Presentation and implementation phase - Evaluation phase - Information phase - Development phase |
| Topic 2: Tools and Techniques | 20% | - Decision-making and evaluation tools - Creative thinking and idea generation methods - Cost analysis and worth assessment - Function analysis system technique (FAST) |
| Topic 3: Value Methodology Principles and Concepts | 25% | - Origins, development and application scope of Value Methodology - Definition and core concepts of Value - Value index, function and cost relationship |
| Topic 4: Leadership and Facilitation | 15% | - Leading value study teams - Stakeholder management and communication - Workshop facilitation skills |
| Topic 5: Standards, Ethics and Application | 10% | - Application in different industries and sectors - Professional ethics and responsibilities - SAVE International standards and guidelines |
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NEW QUESTION # 36
When facilitating a VM study team without experience with function analysis, which of the following are effective methods to introduce the topic?
Choose 2 answers.
Answer: C,D
Explanation:
The correct answers are B and C . When a VM study team has little or no experience with function analysis, the facilitator should introduce the concept through simple demonstration and participative learning. SAVE guidance identifies Function Analysis as the foundation of Value Methodology and explains that functions are expressed in two-word active verb / measurable noun form to describe what work is being performed. ( ) Showing an example of function analysis helps the team see how physical items are translated into functional language before applying the method to the study subject.
Having the team identify functions of items in the room is also effective because it creates a low-risk practice exercise. The SAVE study material provides simple item-based examples such as a table performing "Support Weight" and a screwdriver performing "Transmit Torque," which directly supports this teaching approach. ( ) This builds confidence before moving to more complex project functions.
Option A is not preferred because preparing the FAST diagram in advance removes team discovery, ownership, and consensus-building. Option D is incorrect because functions must first be identified before they can be classified, analyzed, or evaluated; function analysis is defined as the process of defining, classifying, and evaluating functions. ( ) References/topics: VM Facilitation; Team Learning; Function Analysis Phase; Function Identification; FAST Introduction.
NEW QUESTION # 37
Which of the following are common change drivers?
Choose 3 answers
Answer: A,B,C
Explanation:
The correct answers are C. Technological evolution, D. Process reviews, and E. Crises . In VM facilitation and change management, a change driver is a force or condition that creates the need for an organization to alter processes, systems, products, services, or behaviors. SAVE's Value Methodology glossary specifically identifies common change drivers as including technological evolution, process reviews, and crises , along with other external and internal pressures. ( ) Technological evolution drives change because new tools, automation, systems, and digital capabilities can make existing methods outdated or inefficient. Process reviews are also common drivers because structured review often reveals waste, duplication, poor function performance, or value gaps that require improvement.
Crises are strong change drivers because urgent disruption, failure, cost pressure, safety issues, or market shock can force rapid organizational response.
Option A, organizational culture, may influence how change is accepted or resisted, but it is not listed here as a primary change driver. Option B, maintaining habits, is usually a resistance behavior, not a driver of change.
References/topics: VM Facilitation and Team Dynamics; Change Management; Change Drivers; Organizational Change; VM Programs.
NEW QUESTION # 38
In a function, the noun can be:
Answer: B
Explanation:
The correct answer is C. quantitative or qualitative . In Value Methodology, a function is expressed in a concise two-word structure: active verb + measurable noun . The noun identifies the object or outcome acted upon by the verb and should permit measurement wherever possible. SAVE's VM glossary defines a function as what a project, product, or process must do to meet customer needs and states that it is expressed using an active verb and measurable noun structure.
The noun may be quantitative when it supports a work or use function, such as "support weight," "transmit current," or "reduce cost." These nouns can be measured directly through units such as pounds, amperes, dollars, time, or capacity. The noun may also be qualitative when the function reflects sell, aesthetic, or esteem-related value, such as improving appearance, enhancing comfort, or satisfying users. SAVE's glossary distinguishes sell functions as usually qualitative, while work functions are usually quantitative.
Therefore, "quantitative or qualitative" is the only option that aligns with VM function definition rules.
References/topics: Function Analysis Phase; Function Definition; Work Functions; Sell Functions; Verb- Noun Function Format.
I can't select answers for a live timed certification exam.
For study/review, use this logic for the VM Job Plan :
The VM Job Plan is the structured sequence used to conduct a Value Methodology study. It normally includes the major phases such as Preparation, Information, Function Analysis, Creativity, Evaluation, Development, Presentation, and Implementation . A correct statement about the Job Plan should describe the full structured process, not just early planning.
Also, VM is not limited to financial savings. It balances function, quality, performance, cost, risk, and stakeholder value . So any option saying VM focuses mainly on financial benefit over quality/functionality is usually incorrect.
Implementation is the phase where approved VM results are carried into action. Therefore, statements about integrating study results through implementation align with the Job Plan concept.
Main topic: Value Methodology and Job Plan .
NEW QUESTION # 39
Which of the following is information that is typically documented for "conditionally accepted" VM proposals during the Implementation Meeting?
Choose 3 answers.
Answer: B,D,E
Explanation:
The correct answers are A, D, and E . A "conditionally accepted" VM proposal is not rejected, but it is also not fully approved for immediate implementation. It requires follow-up before final acceptance. Therefore, the Implementation Meeting documentation must clearly record what action is required , who is responsible , and when the final decision will be made .
This aligns directly with SAVE's VM Job Plan logic. The Development Phase requires the team to prepare implementation requirements, including initial cost, life-cycle cost, implementation cost, risk, uncertainty, and schedule impact. It also requires an implementation plan containing the proposed schedule, team assignments, and management requirements. ( UW Courses ) The Presentation Phase then seeks concurrence and commitment from management, and the written report confirms the implementation plan accepted by management. ( UW Courses ) During Post-Study, assignments are made to complete tasks associated with the approved implementation plan. ( UW Courses ) Grammar changes are editorial, not implementation-control information. VM team disagreements may be noted internally if relevant, but they are not the typical required record for conditional acceptance.
References/topics: Implementation Phase; Presentation Phase; Post-Study Activities; Implementation Plan; VM Proposal Follow-Up.
NEW QUESTION # 40
A baseline design has a function cost of $120,000 and the team estimates the function worth at $80,000.
Using VI = FC ÷ FW, what is the Value Index?
Answer: B
Explanation:
The correct answer is C . Using the stated formula, Value Index = Function Cost ÷ Function Worth =
$120,000 ÷ $80,000 = 1.50 . SAVE's dictionary defines Function Cost as the directly related resources allocated to a function and Function Worth as the lowest overall cost to perform a function without regard to criteria or code. It also defines Value Index as the monetary relationship of function cost to function worth, expressed as FC ÷ FW, where good value is VI # 1.0.
Option A reverses the formula and calculates FW ÷ FC. Option B would mean cost equals worth, which is not true here. Option D has no mathematical basis from the numbers given. A VI of 1.50 indicates a value mismatch: the current function cost exceeds the function worth. This does not automatically mean the function should be eliminated, but it does identify a strong candidate for creativity and evaluation. CVS candidates must be careful because some older materials express the ratio in reverse; the exam stem controls the formula.
References/topics: Evaluation Phase; Function Cost; Function Worth; Value Index.
NEW QUESTION # 41
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