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SAVE International CVS Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| 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 |
| Standards, Ethics and Application | 10% | - SAVE International standards and guidelines - Professional ethics and responsibilities - Application in different industries and sectors |
| Value Methodology Job Plan | 30% | - Function analysis phase - Presentation and implementation phase - Preparation phase - Evaluation phase - Development phase - Information phase - Creative phase |
| Tools and Techniques | 20% | - Function analysis system technique (FAST) - Creative thinking and idea generation methods - Cost analysis and worth assessment - Decision-making and evaluation tools |
| Leadership and Facilitation | 15% | - Leading value study teams - Workshop facilitation skills - Stakeholder management and communication |
SAVE International Certified Value Specialist Sample Questions:
1. Which of the following activities should be prioritized during the Evaluation Phase to analyze the subject's impact?
Choose 2 answers
A) Define key performance indicators that align with subject objectives.
B) Conduct a one-time survey to gather staff opinions.
C) Set baseline criteria for measurement against future outcomes.
D) Review the project's budget to assess financial efficiency.
2. What is the most appropriate description of the Information Phase?
A) Collect and restructure data to support the function analysis phase
B) Gather, organize, review, and transform data collected
C) Confirm timing of Job Plan phases with the customer
D) Make sure management agrees with the topic being studied
3. What reviews should be conducted during the development of VM proposals?
Choose 2 answers.
A) Discard controversial VM proposals.
B) Only the VM facilitator reviews the VM proposals.
C) Conduct a midpoint review with stakeholders.
D) All VM study team members review VM proposals.
4. During the Presentation Phase, the team leader should primarily do which of the following?
A) Document and communicate developed alternatives and value improvement opportunities
B) Generate all possible alternatives without evaluation
C) Begin random function identification
D) Replace the owner's decision-making authority
5. Which of the following are techniques the VM facilitator might use for a VM study team that is having difficulty completing the FAST diagram?
Choose 2 answers.
A) Reorganize the functions for the VM study team
B) Ask the VM study team if a function is missing
C) Review level of abstraction
D) Make sure all identified functions are used
Solutions:
| Question # 1 Answer: A,C | Question # 2 Answer: B | Question # 3 Answer: C,D | Question # 4 Answer: A | Question # 5 Answer: B,C |
