SAVE International CVS Questions & Answers - in .pdf
- Total Q&A: 149
- Update: Jul 26, 2026
- Price: $59.99
- Vendor: SAVE International
- Exam Code: CVS
- Exam Name: Certified Value Specialist
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SAVE International CVS Q&A - Testing Engine
- Total Q&A: 149
- Update: Jul 26, 2026
- Price: $59.99
- Vendor: SAVE International
- Exam Code: CVS
- Exam Name: Certified Value Specialist
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SAVE International CVS Exam Overview:
| Certification Vendor: | SAVE International |
| Exam Name: | International Certified Value Specialist |
| Exam Number: | CVS |
| Exam Format: | Multiple-choice questions, Scenario-based questions |
| Exam Price: | $450 - $550 USD |
| Related Certifications: | Value Methodology Associate (VMA) |
| Exam Duration: | 180 minutes |
| Certificate Validity Period: | 3 years |
| Real Exam Qty: | 100-120 |
| Available Languages: | English |
| Passing Score: | 70% |
| Recommended Training: | VMF 2 Value Methodology Fundamentals Course |
| Exam Registration: | SAVE International Certification Portal |
| Sample Questions: | SAVE International CVS Sample Questions |
| Exam Way: | Online proctored exam |
| Pre Condition: | Hold active VMA certification; complete VMF 2 course; submit application and get approval |
| Official Syllabus URL: | https://www.value-eng.org/page/cvs |
SAVE International CVS Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Value Methodology Principles and Concepts | 25% | - Definition and core concepts of Value - Value index, function and cost relationship - Origins, development and application scope of Value Methodology |
| Standards, Ethics and Application | 10% | - Professional ethics and responsibilities - Application in different industries and sectors - SAVE International standards and guidelines |
| 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 |
| Leadership and Facilitation | 15% | - Leading value study teams - Stakeholder management and communication - Workshop facilitation skills |
| Value Methodology Job Plan | 30% | - Presentation and implementation phase - Preparation phase - Development phase - Creative phase - Information phase - Function analysis phase - Evaluation phase |
SAVE International Certified Value Specialist Sample Questions:
1. Carpet and vinyl tile are acceptable alternatives for an owner to cover 1,000 square meters of floor. Carpet installation cost is $30 per square meter. What is the initial cost of the carpet?
A) $33,000
B) $32,500
C) $36,000
D) $30,000
2. During the Creativity Phase, the VM Study Team is identifying options that are out of the scope of the study.
The Facilitator should
A) Remind the VM Team that the suggested ideas are out of scope.
B) Have the group vote on adjusting the scope of the VM study.
C) Review the VM Job Plan and adjust the schedule.
D) Discuss and confirm the study scope with the VM Team and study sponsor.
3. A VM program manager has limited time available to coordinate VM studies. Rank their priorities.
4. At a VM study implementation meeting the VM facilitator is asked to make a five-minute presentation. The presentation should
A) focus on the VM study job plan.
B) explain how the Value Methodology works.
C) highlight the strengths of each VM team member.
D) demonstrate that the VM team understood objectives of the VM study.
5. When selecting VM study team members, which of the following are preferable?
Choose 2 answers.
A) Promoting their ideas
B) Closed-mindedness
C) Expertise in their field
D) Availability to attend
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: Only visible for members | Question # 4 Answer: D | Question # 5 Answer: C,D |
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