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SAVE International Value Methodology CVS Certified Value Specialist Exams
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IT-Tests.com Practice Exams for Value Methodology CVS are written to the highest standards of technical accuracy, using only certified subject matter experts and published authors for development.
SAVE International CVS Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Value Methodology Principles and Concepts | 25% | - Origins, development and application scope of Value Methodology - Value index, function and cost relationship - Definition and core concepts of Value |
| Value Methodology Job Plan | 30% | - Evaluation phase - Information phase - Presentation and implementation phase - Function analysis phase - Creative phase - Development phase - Preparation phase |
| Leadership and Facilitation | 15% | - Workshop facilitation skills - Stakeholder management and communication - Leading value study teams |
| Tools and Techniques | 20% | - Creative thinking and idea generation methods - Function analysis system technique (FAST) - Decision-making and evaluation tools - Cost analysis and worth assessment |
| Standards, Ethics and Application | 10% | - Professional ethics and responsibilities - SAVE International standards and guidelines - Application in different industries and sectors |
SAVE International Certified Value Specialist Sample Questions:
Question #1
Which of the following actions would be appropriate for creating an effective evaluation framework?
Choose 2 answers.
A. Define clear objectives and success criteria that align with the subject goals.
B. Involve stakeholders in the evaluation process.
C. Use the VM team's gut feel index.
D. Conduct evaluations during the Creativity Phase.
Question #2
Which of the following should be considered when preparing the VM study report?
Choose 3 answers.
A. Creating a document for those not involved in the VM study
B. Status of the VM study subject
C. Using technical language
D. Identifying non-study focus groups
E. Focusing on the typical audience of stakeholders and project managers
Question #3
Some stakeholders disagree with their level of involvement in the VM study scope. What tool could the VM facilitator use to focus the group?
A. RACI matrix
B. SWOT analysis
C. Paired comparison
D. Work breakdown structure
Question #4
Which of the following are the effects of increasing the duration of a VM study?
Choose 2 answers.
A. More VM proposals are implemented
B. Evaluation techniques are more thoughtful
C. Site visit duration is unchanged
D. Additional creative techniques can be used
E. Numerous FAST diagrams are constructed
Question #5
A small group within the VM team is sitting silently and won't engage. What should the VM facilitator do?
A. Engage the other VM team members
B. Open discussions with the group
C. Ask the group to leave
D. Ignore potential threats to the group
Solutions:
| Question #1 Correct Answer: A,B | Question #2 Correct Answer: A,B,E | Question #3 Correct Answer: A | Question #4 Correct Answer: B,D | Question #5 Correct Answer: B |
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