SAVE International CVS : Certified Value Specialist

CVS real exams

Exam Code: CVS

Exam Name: Certified Value Specialist

Updated: Oct 23, 2026

Q & A: 149 Questions and Answers

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

                          SAVE International Certified Value Specialist Sample Questions:

                          Question #1

                          What should the VM facilitator consider for the presentation format?
                          Choose 2 answers

                          • A. The type of PowerPoint presentation
                          • B. Presentation environment and location
                          • C. The technical experience of the audience
                          • D. Who should present VM proposals
                          Reveal Solution  Discussion  0

                          Correct Answer: B,C  🗳️

                          Explanation: Only visible for Prep4cram members. You can sign-up / login (it's free).

                          Question #2

                          What is the role of the client in the Information Phase?

                          • A. Define the agenda
                          • B. Describe the project
                          • C. Explain the process
                          • D. Define expectations
                          Reveal Solution  Discussion  0

                          Correct Answer: B  🗳️

                          Explanation: Only visible for Prep4cram members. You can sign-up / login (it's free).

                          Question #3

                          Which of the following strategies should be used to enhance understanding of VM proposals presented during the Presentation Phase?
                          Choose 2 answers.

                          • A. Rely solely on the graphics without verbal explanations.
                          • B. Include as many graphics as possible to showcase creativity.
                          • C. Use baseline and proposed graphics at a similar level of complexity.
                          • D. Provide clear explanations and context for each graphic presented.
                          Reveal Solution  Discussion  0

                          Correct Answer: C,D  🗳️

                          Explanation: Only visible for Prep4cram members. You can sign-up / login (it's free).

                          Question #4

                          Which statement best describes a FAST diagram?

                          • A. A schedule network used to calculate project float
                          • B. A graphical model showing dependent relationships among functions
                          • C. A cost spreadsheet used to calculate inflation
                          • D. A procurement chart showing supplier lead times
                          Reveal Solution  Discussion  0

                          Correct Answer: B  🗳️

                          Explanation: Only visible for Prep4cram members. You can sign-up / login (it's free).

                          Question #5

                          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 is the annual cost for Car C for the service life of the vehicle?

                          • A. $36,000
                          • B. $198,000
                          • C. $18,000
                          • D. $216,000
                          Reveal Solution  Discussion  0

                          Correct Answer: D  🗳️

                          Explanation: Only visible for Prep4cram members. You can sign-up / login (it's free).

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