CVS Q&As - in .pdf

CVS pdf
  • Exam Code: CVS
  • Exam Name: Certified Value Specialist
  • Updated: Sep 21, 2026
  • Q & A: 149 Questions and Answers
  • PDF Price: $59.99
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  • Exam Code: CVS
  • Exam Name: Certified Value Specialist
  • Updated: Sep 21, 2026
  • Q & A: 149 Questions and Answers
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  • Exam Code: CVS
  • Exam Name: Certified Value Specialist
  • Updated: Sep 21, 2026
  • Q & A: 149 Questions and Answers
  • Software Price: $59.99
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SAVE International CVS Exam Syllabus Topics:

SectionObjectives
Topic 1: Professional Practice Requirements- Project documentation and reporting
- Value study facilitation
Topic 2: Value Methodology Overview- Principles of Value Engineering / Value Analysis
  • 1. Value definition and concepts
    • 2. Function analysis basics
      Topic 3: Job Plan Phases- Presentation Phase
      • 1. Proposal presentation
        • 2. Stakeholder review
          - Development Phase
          • 1. Cost-benefit analysis
            • 2. Solution development
              - Function Analysis Phase
              • 1. FAST diagramming
                • 2. Function identification
                  - Information Phase
                  • 1. Project scope definition
                    • 2. Data collection and cost review
                      - Creative Phase
                      • 1. Idea generation techniques
                        - Evaluation Phase
                        • 1. Idea screening and ranking

                          SAVE International Certified Value Specialist Sample Questions:

                          Question #1

                          Which of the following assists the VM Facilitator in creating a collaborative client relationship?
                          Choose 3 answers.

                          • A. Analyzing organizational involvement
                          • B. Dictating tasks, deliverables, roles, and responsibilities
                          • C. Diagnosing client needs and creating appropriate VM Job Plan elements to achieve intended outcomes
                          • D. Clarifying mutual involvement
                          • E. Focusing on structure
                          Reveal Solution  Discussion  0

                          Correct Answer: A,C,D  🗳️

                          Explanation: Only visible for LatestCram members. You can sign-up / login (it's free).

                          Question #2

                          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
                          Reveal Solution  Discussion  0

                          Correct Answer: C  🗳️

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                          Question #3

                          Match the following to their appropriate "How" direction on the function logic path for the prescription eyeglasses.

                          Reveal Solution  Discussion  0

                          Correct Answer:


                          Explanation:

                          The correct "How" direction follows the classical FAST logic path from the broader purpose toward the dependent means of accomplishment. SAVE defines FAST as a graphical representation of dependent relationships between functions and states that a Classical FAST model displays function interrelationships using how-why logic . In this eyeglasses example, Improve vision is the higher-order purpose: it explains why the basic function exists. The basic function is Correct vision , because prescription eyeglasses exist primarily to correct the user's vision. Moving in the "How" direction, the system corrects vision by Position lenses and Secure lenses ; the frame, bridge, arms, and nose pads exist to keep corrective lenses in the proper relationship to the eyes. The farthest "How"/lower-order decision is Select eyeglasses and Select contact lenses , representing the selected means or alternative correction approach.
                          The distractors are not on the critical function logic path. Secure position and Resist damage are supporting or secondary dependability functions. Complement appearance is a sell/aesthetic function, because it improves user acceptance but does not define the primary functional logic. SAVE's glossary distinguishes higher-order, lower-order, and secondary functions and explains that secondary functions support the basic function through a specific design approach.
                          References/topics: Function Analysis Phase; FAST Diagramming; How-Why Logic; Critical Function Logic Path; Basic, Higher-Order, Lower-Order, and Secondary Functions.

                          Question #4

                          Which of the following is the best method to capture the status of recommendations?

                          • A. Audit the project to assure implementation.
                          • B. Provide a summary of the final dispositions in an email.
                          • C. Document the disposition of the alternatives.
                          • D. Change the corresponding value alternatives.
                          Reveal Solution  Discussion  0

                          Correct Answer: C  🗳️

                          Explanation: Only visible for LatestCram members. You can sign-up / login (it's free).

                          Question #5

                          Match the statements that best identify a FAST diagram and flowchart.

                          Reveal Solution  Discussion  0

                          Correct Answer:


                          Explanation:

                          The correct matches are FAST Diagram = Describes the purpose of the study subject and Flowchart = Describes the activities of the study subject . In Value Methodology, a FAST diagram is not an activity map. It is a function model. SAVE's Study Guide defines a function as the original intent or purpose that a product, service, or process is expected to perform, expressed in active verb/measurable noun form. It also defines FAST as a graphical representation of dependent relationships between functions within a project.
                          Therefore, FAST is used to understand the functional purpose and how functions logically relate through "how
                          /why" thinking.
                          A flowchart is different. It represents process flow: the sequence of activities, steps, or operations used by the study subject. SAVE's glossary defines a process as a sequence of activities that delivers a product or project.
                          That aligns directly with the option "Describes the activities of the study subject."
                          "Identifies flaws" is too narrow; defects may be discovered during analysis, but that is not the defining purpose of either tool. "Prioritizes activities" is also incorrect because prioritization normally belongs to evaluation or decision methods, not basic FAST or flowchart definition.
                          References/topics: Function Analysis Phase; FAST Diagramming; Function Modeling; Process Flowchart; How-Why Logic.

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