In the past few years, CVS study materials have helped countless candidates pass the CVS exam. After having a CVS certification, some of them encountered better opportunities for development, some went to great companies, and some became professionals in the field. CVS study materials have stood the test of time and market and received countless praises. Through the good reputation of word of mouth, more and more people choose to use CVS Study Materials to prepare for the CVS exam, which makes us very gratified. Please be assured that we will stand firmly by every warrior who will pass the exam. CVS study materials have the following characteristics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Standards, Ethics and Application | 10% | - SAVE International standards and guidelines - Professional ethics and responsibilities - Application in different industries and sectors |
| Topic 2: Leadership and Facilitation | 15% | - Leading value study teams - Workshop facilitation skills - Stakeholder management and communication |
| Topic 3: Tools and Techniques | 20% | - Cost analysis and worth assessment - Creative thinking and idea generation methods - Function analysis system technique (FAST) - Decision-making and evaluation tools |
| Topic 4: Value Methodology Principles and Concepts | 25% | - Definition and core concepts of Value - Origins, development and application scope of Value Methodology - Value index, function and cost relationship |
| Topic 5: Value Methodology Job Plan | 30% | - Creative phase - Presentation and implementation phase - Development phase - Information phase - Function analysis phase - Preparation phase - Evaluation phase |
The TestBraindump offers three formats for applicants to practice and prepare for the Certified Value Specialist (CVS) exam as per their needs. The pdf format of TestBraindump is portable and can be used on laptops, tablets, and smartphones. Print real Certified Value Specialist (CVS) exam questions in our PDF file. The pdf is user-friendly and accessible on any smart device, allowing applicants to study from anywhere at any time.
NEW QUESTION # 103
At a VM study implementation meeting the VM facilitator is asked to make a five-minute presentation. The presentation should
Answer: B
Explanation:
The correct answer is D. demonstrate that the VM team understood objectives of the VM study . At an Implementation Meeting, the decision-makers are not primarily looking for a training session on Value Methodology or a review of the VM Job Plan. They need confidence that the VM study results are grounded in the actual project objectives, constraints, required functions, and success criteria.
A five-minute presentation must be concise and decision-focused. The facilitator should quickly show that the VM team understood the study scope, owner goals, performance needs, cost drivers, risks, and implementation expectations. This builds credibility before decision-makers review the disposition of VM proposals.
Option A is incorrect because the Job Plan explains the process, but implementation decision-makers need results and alignment, not a phase-by-phase lecture. Option B is also too broad for a five-minute implementation presentation. Option C is inappropriate because the meeting is not about individual team- member recognition. The strongest presentation is one that links the VM recommendations back to the study objectives and shows that the team's proposals support those objectives.
References/topics: Implementation Phase; Implementation Meeting; VM Proposal Disposition; Study Objectives; Decision-Maker Confidence.
NEW QUESTION # 104
Match the statements that best identify a FAST diagram and flowchart.
Answer:
Explanation:
Explanation:
The correct matches are FAST Diagram = Describes the purpose of the study subject and Flowchart = Describes the activities of the study subject . In Value Methodology, a FAST diagram is not an activity map. It is a function model. SAVE's Study Guide defines a function as the original intent or purpose that a product, service, or process is expected to perform, expressed in active verb/measurable noun form. It also defines FAST as a graphical representation of dependent relationships between functions within a project.
Therefore, FAST is used to understand the functional purpose and how functions logically relate through "how
/why" thinking.
A flowchart is different. It represents process flow: the sequence of activities, steps, or operations used by the study subject. SAVE's glossary defines a process as a sequence of activities that delivers a product or project.
That aligns directly with the option "Describes the activities of the study subject."
"Identifies flaws" is too narrow; defects may be discovered during analysis, but that is not the defining purpose of either tool. "Prioritizes activities" is also incorrect because prioritization normally belongs to evaluation or decision methods, not basic FAST or flowchart definition.
References/topics: Function Analysis Phase; FAST Diagramming; Function Modeling; Process Flowchart; How-Why Logic.
NEW QUESTION # 105
What is the role of the VM facilitator during the Development Phase?
Choose 2 answers.
Answer: C,D
Explanation:
The correct answers are A. Review VM proposals and C. Rewrite VM proposals . During the Development Phase, selected ideas are converted into formal VM proposals with enough documentation for decision makers to determine whether implementation is justified. SAVE's VM Standard Reference states that, in this phase, the VM study team develops selected ideas into VM proposals with sufficient documentation for implementation decisions.
The facilitator's role is not to become the technical author or researcher for each proposal. Instead, the facilitator manages the process, maintains consistency, reviews proposal quality, checks clarity, confirms that required elements are included, and helps revise or rewrite proposal narratives so they are understandable, complete, and decision-ready. This aligns with the facilitator's broader duty to lead the multidisciplinary VM process, keep the team disciplined within the Job Plan, and ensure outputs support value-based decisions.
SAVE describes VM as a systematic process used by a multidisciplinary team led by a qualified VM facilitator.
Option B is incorrect because proposal preparation is primarily the responsibility of assigned team members or technical specialists. Option D is incorrect because background research is normally performed by the proposal owner or subject-matter experts, not by the facilitator as a primary role.
References/topics: Development Phase; VM Proposal Development; VM Facilitator Role; Proposal Review and Revision; VM Job Plan.
NEW QUESTION # 106
Carpet and vinyl tile are acceptable alternatives for an owner to cover 1,000 square meters of floor.
Carpet
Installation cost, including pad = $30 / square meter
Service life = 10 years
Maintenance cost: vacuum weekly = $500 / month
Maintenance cost: shampoo once per year = $3,000 / shampoo
Vinyl
Installation cost, including pad = $10 / square meter
Service life = 15 years
Maintenance cost: vacuum weekly = $400 / month
Maintenance cost: strip and wax once per month = $1,000 / strip and wax What is the initial cost of the carpet ?
Answer: A
Explanation:
The correct answer is A. $30,000 . The question asks only for the initial cost of the carpet, not its annual maintenance cost, life-cycle cost, present worth, or equivalent annual cost. In SAVE terminology, initial cost means the first expenditure required to acquire, produce, construct, or install the project, product, or process.
The SAVE VM Dictionary identifies initial cost as the initial expenditure of resources and also treats it as interchangeable with capital cost. It separately defines life-cycle cost as the sum of initial cost, recurrent annual cost, single expenditures, and disposal or salvage value over a defined period. Therefore, the maintenance costs and service-life data are distractors for this specific calculation.
The carpet covers 1,000 square meters , and the installation cost is $30 per square meter . The calculation is:
1,000 × $30 = $30,000
Options B, C, and D incorrectly imply that additional costs have been added to the initial installation cost. In the Evaluation Phase, CVS candidates must identify the cost category being requested before performing the calculation. SAVE's VM Standard places structured evaluation after creativity to compare alternatives while considering performance requirements and resource limits.
References/topics: Evaluation Phase; Initial Cost; Capital Cost; Life-Cycle Cost Analysis; Cost Classification.
NEW QUESTION # 107
What are key factors that cause VM programs to fail?
Choose 2 answers.
Answer: B,C
Explanation:
The correct answers are A and B . A VM program can fail when it is placed too narrowly inside one department because Value Methodology must operate as an organization-wide management process, not as the property of a single functional group. When VM is positioned inside one department, other departments may view it as that department's agenda rather than as a neutral, cross-functional decision-support process.
This weakens participation, reduces ownership of recommendations, and limits executive visibility.
An undefined implementation and change management process is also a major failure factor. VM studies produce recommendations, but the program succeeds only when those recommendations are reviewed, approved, assigned, tracked, and integrated into normal project or business controls. Without a defined implementation path, even technically strong VM proposals can remain unused. Change management is necessary because VM recommendations often alter scope, design, delivery approach, cost allocation, or stakeholder expectations.
By contrast, management support and tracking VM study results are success factors, not failure factors.
Executive support gives authority and resources, while tracking verifies savings, value improvement, and accountability.
References/topics: VM Programs; Program Organization; Management Support; Implementation Process; Change Management; Tracking VM Results.
NEW QUESTION # 108
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