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SAVE International Certified Value Specialist : CVS

CVS

Exam Code: CVS

Exam Name: Certified Value Specialist

Updated: Aug 23, 2026

Q&A Number: 149 Q&As

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SAVE International CVS Exam Syllabus Topics:

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

SAVE International Certified Value Specialist Sample Questions:

1. What is the most appropriate description of the Information Phase?

A) Confirm timing of Job Plan phases with the customer
B) Make sure management agrees with the topic being studied
C) Gather, organize, review, and transform data collected
D) Collect and restructure data to support the function analysis phase


2. Place the steps of the Random Function Identification Technique in the correct order.


3. Which of the following are key elements of a risk register?
Choose 2 answers.

A) Function of the risk
B) Performance criteria
C) Impact on the scope
D) Probability of occurrence


4. Which of the following actions would be appropriate for creating an effective evaluation framework?
Choose 2 answers.

A) Use the VM team's gut feel index.
B) Define clear objectives and success criteria that align with the subject goals.
C) Involve stakeholders in the evaluation process.
D) Conduct evaluations during the Creativity Phase.


5. Which function statement is written in the most appropriate VM format?

A) Provide better construction system
B) Support load
C) Strong steel beam
D) The beam supports the roof


Solutions:

Question # 1
Answer: C
Question # 2
Answer: Only visible for members
Question # 3
Answer: C,D
Question # 4
Answer: B,C
Question # 5
Answer: B

CVS Related Exams
VMA - Value Methodology Associate
Related Certifications
Value Methodology
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