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| Section | Weight | Objectives |
|---|---|---|
| Tools and Techniques | 20% | - Decision-making and evaluation tools - Function analysis system technique (FAST) - Cost analysis and worth assessment - Creative thinking and idea generation methods |
| Value Methodology Principles and Concepts | 25% | - Value index, function and cost relationship - Origins, development and application scope of Value Methodology - Definition and core concepts of Value |
| Standards, Ethics and Application | 10% | - Application in different industries and sectors - SAVE International standards and guidelines - Professional ethics and responsibilities |
| Leadership and Facilitation | 15% | - Workshop facilitation skills - Stakeholder management and communication - Leading value study teams |
| Value Methodology Job Plan | 30% | - Information phase - Evaluation phase - Function analysis phase - Development phase - Preparation phase - Creative phase - Presentation and implementation phase |
We strongly recommend using our Certified Value Specialist (CVS) exam dumps to prepare for the SAVE International CVS certification. It is the best way to ensure success. With our Certified Value Specialist (CVS) practice questions, you can get the most out of your studying and maximize your chances of passing your Certified Value Specialist (CVS) exam.
NEW QUESTION # 110
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?
Answer: C
Explanation:
The correct answer is B. $12,000 . This question asks only for the repair and replacement costs of Car B , not the full life-cycle cost. Therefore, the initial purchase price of $50,000 and the fuel cost data are irrelevant for this specific calculation. The only repair/replacement item listed for Car B is tires every two years at
$2,000 .
The service life is 12 years . Since tires are replaced every 2 years , the number of replacement cycles is:
12 years ÷ 2 years = 6 replacement cycles
The total repair and replacement cost is therefore:
6 × $2,000 = $12,000
Option A. $6,000 would represent only three tire replacements, which does not cover the full 12-year service life. Option C. $10,000 would represent five replacements; that approach would exclude the final two-year replacement interval, but this question's wording asks for costs for the service life , so the full 12-year period is counted. Option D. $4,000 covers only two replacement cycles and is clearly incomplete.
In the Evaluation Phase, the CVS candidate must separate initial cost , annual operating cost , and periodic repair/replacement cost before performing life-cycle calculations. This question isolates the periodic replacement-cost component only.
References/topics: Evaluation Phase; Life-Cycle Cost; Repair and Replacement Costs; Recurrent Cost; Cost Classification.
NEW QUESTION # 111
The VM Job Plan differs from the scientific method approach to problem-solving because the VM job plan
Answer: B
Explanation:
The correct answer is B. focuses on what a subject does . The key difference between the VM Job Plan and many other problem-solving methods is its deliberate emphasis on function . In Value Methodology, the team does not begin by defending the existing design, component, process, or solution. Instead, it asks what the subject must do to satisfy the required need.
SAVE's Study Guide states that Value Methodology improves value through the analysis of functions and that Function Analysis is the activity that differentiates VM from other problem-solving or improvement practices. It also explains that functions describe the work being performed within the study scope using active verb and measurable noun pairings. ( ) Option A is incorrect because VM still requires adequate information during the Information Phase. Option C is incorrect because VM does not reduce analysis; it structures analysis through the Job Plan. Option D describes the scientific method more closely because hypothesis development and testing are central to scientific inquiry. The VM Job Plan is function-based: it defines, analyzes, creatively improves, evaluates, develops, and presents alternatives that better perform required functions. SAVE's VM Standard also confirms that Function Analysis defines project functions and identifies which functions require improvement, elimination, or creation. ( ) References/topics: Value Methodology and Job Plan; Function Analysis Phase; Function-Based Thinking; Active Verb/Measurable Noun; VM vs Scientific Method.
NEW QUESTION # 112
Which of the following are outcomes of function framing?
Choose 2 answers.
Answer: B,D
Explanation:
Function framing is an essential Value Methodology discipline because it changes the team's viewpoint from things and solutions to functions and purposes . The correct outcomes are that it defines reality in terms of what things do and why they do them and allows maximum potential for divergent thinking . In VM, a function is expressed in an active verb and measurable noun format, which forces the team to describe the required performance rather than defend the current design. This helps the team understand the real need behind a product, process, project, or service.
Option B is incorrect because function framing does not focus on existing solutions; it deliberately moves the team away from solution fixation. Option C is close, but it is more directly associated with the Creativity Phase, where ideas are generated to satisfy required functions. Function framing prepares the ground for that later solution generation, but its direct outcome is clearer functional understanding and broader thinking freedom. By defining the problem functionally, the team avoids premature judgment and opens a wider solution space.
References/topics: Function Analysis Phase; Function Framing; Function Definition; Divergent Thinking; Creativity Phase Linkage.
NEW QUESTION # 113
Which of the following is the VM facilitator's role during the Implementation Phase?
Answer: A
Explanation:
The correct answer is A. Guide disposition . During the Implementation Phase, the VM facilitator's role is not to make the final decision, sell the recommendations, or personally perform management's implementation duties. The facilitator guides the structured process so that each value alternative is reviewed, assigned a disposition, and moved toward an appropriate decision. SAVE guidance states that, after delivery of the preliminary report, management and the project team should consider and agree on which value alternatives will be implemented and determine how and when implementation will occur. It also identifies a common implementation activity as conducting an implementation meeting to determine the disposition of each value alternative . ( ) Option B is incorrect because assessment and approval of VM proposals belong primarily to management and responsible project stakeholders. Option C is not the facilitator's primary role; implementation planning is established and managed by those responsible for executing accepted changes. Option D is incorrect because VM facilitation requires objectivity. The facilitator supports informed decision-making, not advocacy or salesmanship. The facilitator keeps the process disciplined, ensures proposals receive fair consideration, and helps document acceptance, rejection, action responsibility, and follow-up.
References/topics: Implementation Phase; VM Facilitator Role; Disposition of Value Alternatives; Post- Workshop Activities; Implementation Meeting.
NEW QUESTION # 114
Which of the following are strategies for successful implementation of change?
Choose 3 answers.
Answer: B,D,E
Explanation:
The correct answers are B, C, and D . In the Implementation Phase, accepted VM proposals must be converted into controlled organizational or project changes. The VM Guide identifies implementation as the phase where the team reviews VM proposals, resolves their disposition, develops an implementation plan, and documents, tracks, and audits results. It also defines an implementation plan as the schedule and action structure needed to implement VM study results, including milestones, tasks, resources, and responsible parties. ( pdfcoffee.com ) For successful change implementation, the guide specifically identifies the appointment of a steering or oversight committee to monitor the change, provide leadership, and resolve conflicts. It also identifies contingency plans to address unanticipated costs, delays, risks, or unforeseen resistance to change. A third required strategy is strong top management commitment to the implementation plan, because leadership support protects the change effort from internal and external challenges and ensures resources remain available through completion. ( pdfcoffee.com ) Option A is related to stakeholder awareness, but the stated implementation strategy is participation and involvement, not merely evaluating concerns. Option E is incorrect because broad large-group decision- making can slow resolution; VM emphasizes key stakeholder involvement and controlled governance.
References/topics: Implementation Phase; Change Management; Implementation Plan; Steering/Oversight Committee; Resistance to Change.
NEW QUESTION # 115
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