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SAVE International CVS Exam Syllabus Topics:

SectionObjectives
Topic 1: Value Methodology Core Competencies- VM Facilitation and Leadership
- Value Methodology Job Plan Application
- Function Analysis
- Value Methodology Foundations
  • 1. Application areas of VM
    • 2. Foundational concepts of Value Methodology
      • 3. History and evolution of VM
        - Advanced VM Practice (Leadership-level application)
        - VM Study Execution and Team Management
        - Value Concept
        • 1. Elements of value
          • 2. Development of value concept
            • 3. Reasons for poor value

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              SAVE International Certified Value Specialist Sample Questions (Q30-Q35):

              NEW QUESTION # 30
              Which of the following strategies should be employed to enhance the VM study presentation?
              Choose 2 answers.

              Answer: A,C

              Explanation:
              The correct strategies are A and C because the Presentation Phase is intended to communicate value alternatives clearly enough for management and stakeholders to make informed implementation decisions.
              The SAVE Study Guide identifies the Presentation Phase purpose as presenting value alternatives to management, stakeholders, and decision makers, with the fundamental question focused on helping them make more informed decisions that fit strategic plans. ( ) Therefore, a concise summary of key points is essential because it reinforces the major recommendations, benefits, risks, and implementation direction without forcing decision makers to search through excessive detail.
              Visuals such as charts and graphs are also appropriate because presentation products commonly include cost- versus-worth comparisons, present-worth analysis, risk analysis, and advantages-versus-disadvantages information. ( ) These items are best communicated visually when the objective is executive understanding and decision readiness. The formal VM Standard also states that the Presentation Phase involves an oral presentation followed by a written report, with the team obtaining approval or direction for additional information. ( courses.washington.edu ) A complex presentation format would reduce clarity, and detailed technical specifications belong mainly in the Development Phase technical data package, not as the primary means of enhancing the presentation.
              References/topics: Presentation Phase; Value Alternatives; Management Decision Support; Oral Presentation; Formal Report.


              NEW QUESTION # 31
              Which of the following are strategies for successful implementation of change?
              Choose 3 answers.

              Answer: B,C,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 # 32
              SMART stands for

              Answer: B

              Explanation:
              The correct answer is F: Specific, Measurable, Attainable, Relevant, and Timebound . In Value Methodology, SMART thinking is used to make recommendations, implementation actions, objectives, and follow-up responsibilities clear enough to be managed. A VM proposal or implementation action should not be vague, general, or open-ended. It must state exactly what is to be done, how success will be measured, whether the action can realistically be achieved, how it supports the study objective or project need, and when it must be completed.
              "Specific" requires a clear action or target. "Measurable" means the result can be checked through cost, performance, schedule, quality, or other defined criteria. "Attainable" confirms that the action is practical within available resources and constraints. "Relevant" ensures alignment with the value study objectives, functions, and stakeholder requirements. "Timebound" creates accountability through a completion date or defined time frame.
              The incorrect options replace key SMART terms with weaker or incorrect words such as Standards , Accountable , or Reasonable . These may be useful concepts in management, but they do not form the standard SMART acronym used in VM action planning.
              References/topics: Implementation Phase; VM Action Planning; Proposal Follow-Up; Performance Objectives; VM Programs.


              NEW QUESTION # 33
              A RACI matrix identifies
              Choose 3 answers.

              Answer: A,C,D

              Explanation:
              The correct answers are A, D, and E . A RACI matrix is a facilitation and stakeholder-management tool used to clarify how individuals or stakeholder groups participate in activities, tasks, deliverables, or decisions. In VM practice, this supports the facilitator's responsibility to coordinate participation, communication, and accountability across the multidisciplinary study environment. The SAVE Study Guide emphasizes that VM is performed through a systematic process by a multidisciplinary team and that proper stakeholder participation is necessary to capture real needs versus wants and achieve maximum value. ( ) A RACI matrix identifies the level of stakeholder involvement in activities by assigning roles such as Responsible, Accountable, Consulted, and Informed. It also identifies stakeholders required to provide feedback, which aligns with the Consulted role. Cornell's RACI definition describes Consulted parties as people whose opinions are sought and who provide knowledge or information before a decision is made. It also describes Informed parties as stakeholders kept updated on progress, process execution, and quality. ( it.
              cornell.edu ) Therefore, the matrix also helps identify what reasonable information should be provided to stakeholders. Threats and opportunities belong to risk or SWOT analysis, while weighted performance attributes belong to criteria weighting or evaluation methods.
              References/topics: VM Facilitation; Stakeholder Engagement; Communication Planning; Team Roles and Responsibilities; RACI Matrix.


              NEW QUESTION # 34
              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.

              Answer: A,B,C

              Explanation:
              The correct approaches are A, B, and D because the facilitator's role in the Evaluation Phase is to keep the team in a structured, objective decision process rather than prematurely discarding ideas or resetting the workshop. SAVE's Value Methodology Standard defines the Evaluation Phase as the point where the team uses a structured process to select ideas with value-improvement potential while considering project functions, performance requirements, and resource limits. ( ) When consensus is difficult, the facilitator should first clarify the idea. Modifying the idea title can remove ambiguity, improve shared understanding, and ensure the team is evaluating the same concept. Asking for more information is also appropriate because disagreement often reflects insufficient technical, cost, risk, or implementation detail.
              The facilitator must also ensure that every team member has provided input, since VM relies on multidisciplinary team judgment and stakeholder expertise. The Standard identifies the team as a multidisciplinary group chosen for relevant expertise and experience, including different points of view. ( ) Removing the idea is premature unless it clearly fails criteria, and restarting the evaluation process is unnecessary unless the entire evaluation basis is invalid.
              References/topics: Evaluation Phase; VM Facilitation; Team Consensus; Structured Evaluation; Idea Clarification.


              NEW QUESTION # 35
              ......

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