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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

1. What tool could the VM study team use to show customer satisfaction?

A) Quality function deployment
B) Customer FAST
C) Quality management plan
D) Resource model

2. Which approaches should the VM facilitator use to encourage innovation?
Choose 2 answers.

A) Avoiding the combining and testing of new combinations
B) Imagining the ideal future by focusing on long-term goals for maximizing future potential
C) Exploring by discovering new possibilities using ideas from other areas and disciplines
D) Maintaining current systems that work well

3. Which type of cost is calculated for study items by multiplying the unit cost by the number of units produced per year?

A) Life-cycle costs
B) Total costs
C) Incremental unit costs
D) Annualized costs

4. Which of the following are reasons why the VM facilitator and VM study team members should participate in the Implementation Meeting?
Choose 3 answers

A) To respond to technical questions about the VM proposals
B) To answer questions about the cost impact
C) To present the VM proposals
D) To address alternative VM proposals
E) To address the level of effort required for implementation

5. Which of the following is the best method to capture the status of recommendations?

A) Change the corresponding value alternatives.
B) Audit the project to assure implementation.
C) Provide a summary of the final dispositions in an email.
D) Document the disposition of the alternatives.

Solutions: