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SAVE International CVS Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Tools and Techniques20%- Creative thinking and idea generation methods
- Cost analysis and worth assessment
- Decision-making and evaluation tools
- Function analysis system technique (FAST)
Topic 2: Value Methodology Principles and Concepts25%- Value index, function and cost relationship
- Definition and core concepts of Value
- Origins, development and application scope of Value Methodology
Topic 3: Standards, Ethics and Application10%- Professional ethics and responsibilities
- SAVE International standards and guidelines
- Application in different industries and sectors
Topic 4: Value Methodology Job Plan30%- Preparation phase
- Function analysis phase
- Creative phase
- Information phase
- Presentation and implementation phase
- Development phase
- Evaluation phase
Topic 5: Leadership and Facilitation15%- Stakeholder management and communication
- Leading value study teams
- Workshop facilitation skills

SAVE International Certified Value Specialist Sample Questions:

1. A RACI matrix identifies
Choose 3 answers.

A) level of stakeholder involvement in activities.
B) weighted performance attributes.
C) what reasonable information is to be provided.
D) stakeholders required to provide feedback.
E) threats and opportunities.


2. Which factors influence the scheduling of the presentation at the end of the VM study workshop?
Choose 2 answers.

A) Number of participants
B) Size of the VM team
C) Level of management involvement
D) Number of VM proposals developed


3. The VM study sponsor wants to limit the amount of time some of the VM team members participate. In which phases might the VM facilitator recommend these VM team members fully participate?
Choose 2 answers.

A) Creativity phase
B) Implementation phase
C) Function analysis phase
D) Presentation phase


4. What should the VM facilitator consider for the title of a VM proposal?
Choose 2 answers.

A) Using a concise description of the proposal
B) Using general non-specific jargon
C) Framing the title to help sell the concept
D) Using specific technical language


5. Carpet and vinyl tile are acceptable alternatives for an owner to cover 1,000 square meters of floor.
Carpet
Installed cost, including pad = $30 / square meter
Service life = 10 years
Maintenance cost: vacuum weekly = $500 / month
Maintenance cost: shampoo once per year = $3,000 / shampoo
Vinyl
Installed cost, including pad = $10 / square meter
Service life = 15 years
Maintenance cost: vacuum weekly = $400 / month
Maintenance cost: strip and wax once per month = $1,000 / strip and wax Between carpet and vinyl, which is a better value option for the owner over the service life of the products?

A) Vinyl Tile $130,000
B) Carpet $138,000
C) Carpet $120,000
D) Vinyl Tile $178,000


Solutions:

Question # 1
Answer: A,C,D
Question # 2
Answer: C,D
Question # 3
Answer: A,C
Question # 4
Answer: A,C
Question # 5
Answer: C

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