Valid CVS Test Objectives & Reliable CVS Test Prep

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SAVE International CVS Exam Syllabus Topics:

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

                          >> Valid CVS Test Objectives <<

                          Certified Value Specialist updated pdf material & CVS exam training vce & online test engine

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                          SAVE International Certified Value Specialist Sample Questions (Q69-Q74):

                          NEW QUESTION # 69
                          What are tools the VM facilitator might use during the Creativity Phase?
                          Choose 3 answers.

                          Answer: B,D,E

                          Explanation:
                          The correct answers are Reverse brainstorming, Hitchhiking, and Mind-mapping . In the Creativity Phase , the VM facilitator leads the team in generating many possible alternatives for performing the required functions identified during Function Analysis. The objective is divergent thinking: produce a broad range of ideas without judging them too early. SAVE's certification study material identifies creativity as a distinct VM Job Plan area and emphasizes idea generation before moving into Evaluation. ( ) Reverse brainstorming is appropriate because it helps the team approach a function or problem from the opposite direction, often revealing hidden assumptions and new solution paths. Hitchhiking is also a valid creativity technique because one team member builds on another person's idea, improving participation and expanding idea quantity. Mind-mapping supports creativity by visually organizing related thoughts around a central function or issue, helping the team see connections and generate additional alternatives.
                          SWOT analysis is not primarily a Creativity Phase tool; it is more commonly used for strategic assessment.
                          RACI matrix is also incorrect because it assigns responsibilities and accountabilities, which fits planning or implementation control, not creative idea generation.
                          References/topics: Creativity Phase; Idea Generation; Brainstorming Techniques; Divergent Thinking; VM Facilitation.


                          NEW QUESTION # 70
                          Which of the following are appropriate techniques to achieve the expected output in the Function Analysis Phase?
                          Choose 2 answers.

                          Answer: B,D

                          Explanation:
                          The correct techniques are Random function identification and FAST diagramming . In the Function Analysis Phase, the team must shift away from describing components, designs, or solutions and instead define what the project, product, or process must do . SAVE's Value Methodology Standard states that this phase defines project functions using a two-word active verb / measurable noun format and analyzes those functions to determine which require improvement, elimination, or creation. This directly supports random function identification, commonly aligned with Random Function Definition, where the team identifies functions in verb-noun form before classifying and organizing them.
                          FAST diagramming is also a core Function Analysis technique. The standard function-analysis sequence includes building a function model as a Function Analysis System Technique (FAST) diagram , and the SAVE glossary defines a FAST diagram as a graphical representation of dependent function relationships using How/Why logic. Detailed cost analysis is not the primary technique here; cost is allocated to functions after functions are defined. A paired comparison matrix is more typical of evaluation/prioritization, and a process flowchart belongs more naturally in information/process understanding rather than function modeling.
                          References/topics: Function Analysis Phase; Random Function Definition; FAST Diagramming; Function Classification; Function Modeling.


                          NEW QUESTION # 71
                          Place the process for building a work breakdown structure in the correct order:

                          Answer:

                          Explanation:

                          Explanation:
                          Step 1 - Identify the major deliverables
                          Step 2 - Identify major supporting activities and tasks
                          Step 3 - Organize and structure the deliverables
                          Step 4 - Assign responsibility for deliverables
                          Step 5 - Verify the work breakdown structure
                          The correct sequence begins with identifying the major deliverables because a Work Breakdown Structure is deliverable-oriented. The team must first define what must be produced before it can break the work into manageable parts. After the major deliverables are clear, the next step is to identify the major supporting activities and tasks required to complete each deliverable.
                          The third step is to organize and structure the deliverables into a logical hierarchy. This converts the project scope into a structured framework that can be planned, estimated, tracked, and controlled. The fourth step is to assign responsibility for deliverables , because the WBS must support accountability. Each work element should have clear ownership so that implementation actions do not remain vague or unmanaged.
                          The final step is to verify the work breakdown structure . Verification confirms that the WBS is complete, logical, non-duplicative, and aligned with the intended scope. In VM practice, this supports implementation planning by connecting proposals, deliverables, responsibilities, and follow-up control.
                          References/topics: VM Programs; Implementation Planning; Work Breakdown Structure; Deliverable Breakdown; Responsibility Assignment; Project Control.


                          NEW QUESTION # 72
                          The Value Methodology
                          Choose 2 answers.

                          Answer: B,C

                          Explanation:
                          The correct answers are A and D . Value Methodology is defined by SAVE International as a systematic process used by a multidisciplinary team to improve project value through the analysis of functions. Because the method intentionally brings together people from different technical, operational, cost, owner, user, and management perspectives, it naturally encourages multidisciplinary communication . The SAVE Study Guide also explains that function naming helps multidisciplinary teams build a shared understanding of project requirements, which supports clearer communication and better identification of value-improvement opportunities. ( ) The second correct answer is develops realistic budgets . VM evaluates required functions against resources such as materials, labor, price, time, and other cost drivers. This function/resource relationship helps teams understand what the project must accomplish and what resources are reasonably required. OMB's Value Engineering policy also describes VE as a management tool used to ensure realistic budgets , remove nonessential costs, and maintain acceptable quality. ( George W. Bush White House Archives ) Option C is incorrect because VM does not maintain paradigms; it challenges assumptions and existing approaches. Option B may occur as an indirect benefit, but it is not the stronger core answer for this two- response item.
                          References/topics: Value Methodology Definition; Multidisciplinary Team; Function/Resource Relationship; VM Job Plan; VM Programs.


                          NEW QUESTION # 73
                          A well-managed VM program will include a process
                          Choose 2 answers.

                          Answer: A,B

                          Explanation:
                          The correct answers are A and C . A well-managed Value Methodology program must have a structured process for deciding which subjects should receive VM studies and when VM should be applied . VM program management is not simply about conducting studies randomly; it requires screening potential projects, products, processes, or services to determine where VM effort can create meaningful value improvement. The VM Guide program-management section specifically includes "Selecting subjects for VM studies" and "Timing of VM studies" as key management areas. ( pdfcoffee.com ) Option A is correct because subject selection helps the organization focus limited VM resources on studies with suitable size, complexity, risk, cost, performance concern, or strategic importance. Option C is correct because timing matters. SAVE guidance notes that VM may be applied at different points in a subject's life cycle, and early application often improves direction before later implementation costs increase. ( ) Option B is incorrect because no VM program can guarantee return on investment from every individual study. Option D is incorrect because requiring a VM study on every subject would waste resources and ignore proper screening criteria.
                          References/topics: VM Programs; VM Program Management; Selecting VM Study Subjects; Timing of VM Studies; VM Application Criteria.


                          NEW QUESTION # 74
                          ......

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