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| 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: Value Methodology Job Plan | 30% | - Development phase - Preparation phase - Creative phase - Presentation and implementation phase - Function analysis phase - Evaluation phase - Information phase |
| Topic 3: 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 |
| Topic 4: Tools and Techniques | 20% | - Decision-making and evaluation tools - Function analysis system technique (FAST) - Creative thinking and idea generation methods - Cost analysis and worth assessment |
| Topic 5: Leadership and Facilitation | 15% | - Stakeholder management and communication - Leading value study teams - Workshop facilitation skills |
To make sure you have all the practice you need, our CVS practice test also includes numerous opportunities for you to put your skills to the CVS test. Our SAVE International CVS practice exams simulate the real thing, so you can experience the pressure and environment of the actual Certified Value Specialist (CVS) test before the day arrives. You'll receive detailed feedback on your performance, so you know what areas to focus on and improve. At the Itbraindumps, we're committed to your success and believe in the effectiveness of our CVS exam dumps.
NEW QUESTION # 40
Between carpet and vinyl, which is a better value option for the owner over the service life of the products?
Answer: B
Explanation:
The correct answer is A. Carpet $120,000 . This question applies life-cycle cost comparison , which is commonly used in the Development Phase when VM alternatives are being analyzed for economic feasibility and owner value. The better value option is not determined by the lowest initial cost alone; it must include installed cost, maintenance cost, recurring service cost, and service life impacts.
For carpet:
Installed cost = 1,000 sq. m × $30 = $30,000 .
Vacuum maintenance = $500/month × 12 months × 10 years = $60,000 .
Annual shampoo = $3,000/year × 10 years = $30,000 .
Total carpet life-cycle cost = $30,000 + $60,000 + $30,000 = $120,000 .
For vinyl over a comparable 10-year ownership period:
Installed cost = 1,000 sq. m × $10 = $10,000 .
Vacuum maintenance = $400/month × 12 × 10 = $48,000 .
Strip and wax = $1,000/month × 12 × 10 = $120,000 .
Total vinyl cost = $178,000 .
Although vinyl has a lower initial cost, its recurring monthly strip-and-wax cost makes it more expensive.
Therefore, carpet provides the better value.
References/topics: Development Phase; Life-Cycle Costing; Economic Evaluation; Alternative Comparison; Owner Value.
NEW QUESTION # 41
Match the following to their appropriate "How" direction on the function logic path for the prescription eyeglasses.
Answer:
Explanation:
Explanation:
The correct "How" direction follows the classical FAST logic path from the broader purpose toward the dependent means of accomplishment. SAVE defines FAST as a graphical representation of dependent relationships between functions and states that a Classical FAST model displays function interrelationships using how-why logic . In this eyeglasses example, Improve vision is the higher-order purpose: it explains why the basic function exists. The basic function is Correct vision , because prescription eyeglasses exist primarily to correct the user's vision. Moving in the "How" direction, the system corrects vision by Position lenses and Secure lenses ; the frame, bridge, arms, and nose pads exist to keep corrective lenses in the proper relationship to the eyes. The farthest "How"/lower-order decision is Select eyeglasses and Select contact lenses , representing the selected means or alternative correction approach.
The distractors are not on the critical function logic path. Secure position and Resist damage are supporting or secondary dependability functions. Complement appearance is a sell/aesthetic function, because it improves user acceptance but does not define the primary functional logic. SAVE's glossary distinguishes higher-order, lower-order, and secondary functions and explains that secondary functions support the basic function through a specific design approach.
References/topics: Function Analysis Phase; FAST Diagramming; How-Why Logic; Critical Function Logic Path; Basic, Higher-Order, Lower-Order, and Secondary Functions.
NEW QUESTION # 42
The project manager resists implementing the change approved by the decision-makers. What should the VM facilitator do?
Choose 2 answers.
Answer: A,D
Explanation:
The correct answers are A and C . Once the decision-makers have approved a VM proposal, the facilitator should not automatically reopen or reassess the recommendation. The implementation responsibility has moved into the post-study/implementation environment, where the primary objective is to "assure the implementation of the approved value study change recommendations." The SAVE VM Standard also states that the VM Team Leader may track the progress of implementation , while the design professional or assigned management personnel are responsible for executing the approved change. ( UW Courses ) Therefore, if the project manager resists an approved change, the facilitator should first treat the resistance as an implementation barrier. This requires identifying potential threats to implementation , such as technical objections, schedule concerns, stakeholder resistance, contractual constraints, or organizational politics. The Standard also requires implementation planning to account for risk, uncertainty, schedule impact, and unique project conditions. ( UW Courses ) Documenting the resistance to decision-makers is also appropriate because implementation status must remain visible to management. Reassessing the VM proposal is not appropriate unless new facts invalidate the approved recommendation. Additional information may be useful later, but the immediate facilitator actions are documentation and threat identification.
References/topics: Implementation Phase; Post-Study; Implementation Monitoring; Management Reporting; Implementation Risk.
NEW QUESTION # 43
Which of the following activities should a VM Facilitator recommend decision-makers conduct prior to the disposition of VM proposals?
Answer: B
Explanation:
The correct answer is D. Review VM proposals . Prior to the formal disposition of VM proposals, decision- makers must first understand what has been recommended, why each proposal was developed, what value improvement is expected, and what effects the proposal may have on cost, performance, quality, schedule, and risk. SAVE's VM Standard Reference describes the Implementation Phase as the point where the sponsoring organization reviews the results of the VM study and decides which VM proposals to implement .
( )
This sequence is important. Review comes before disposition. Disposition means determining whether each VM proposal is accepted, rejected, deferred, modified, or requires additional study. The SAVE Study Guide also identifies common implementation activities as reviewing the preliminary report and then conducting an implementation meeting to determine the disposition of each value alternative. ( ) Option A occurs after proposals are accepted, because the implementation plan is developed for approved actions. Option B may occur only when information is incomplete, but it is not the normal decision-maker activity before disposition. Option C is essentially the disposition activity itself, not the step before it.
References/topics: Implementation Phase; VM Proposal Review; Preliminary Report; Disposition of Value Alternatives; Implementation Planning.
NEW QUESTION # 44
What should the VM facilitator primarily consider when guiding discussion on which VM proposals to present when time is limited?
Choose 2 answers.
Answer: A,C
Explanation:
The correct answers are A. Proposals that provide the greatest benefit and B. The relative risk of each proposal . During the Presentation Phase, the VM team must communicate recommendations that are strong enough to justify management action. SAVE's VM guidance states that developed alternatives should include cost, performance data, implementation cost, and consideration of risk and uncertainty . It also identifies performance benefit analysis as part of developing alternatives before presentation. ( UW Courses ) When time is limited, the facilitator should guide the team toward proposals with the highest value contribution, not simply the easiest or cheapest ideas. A proposal with the greatest benefit is most aligned with VM's purpose: improving value by achieving required functions more effectively. Risk is also essential because decision makers must understand whether the recommendation is practical, credible, and acceptable for implementation.
Option C may be attractive, but ease of implementation alone does not prove high value. Option D is incorrect because low cost impact may produce limited value improvement and may not justify presentation priority.
The Presentation Phase seeks concurrence and commitment from decision makers to proceed with implementation of recommendations. ( UW Courses ) References/topics: Presentation Phase; Development Phase; VM Proposal Selection; Risk and Uncertainty; Performance Benefit Analysis.
NEW QUESTION # 45
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