SAVE International CVS : Certified Value Specialist

CVS real exams

Exam Code: CVS

Exam Name: Certified Value Specialist

Updated: Jun 27, 2026

Q & A: 149 Questions and Answers

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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) Collect and restructure data to support the function analysis phase
D) Gather, organize, review, and transform data collected


2. Which of the following are the outputs of the Presentation Phase?
Choose 2 answers.

A) The VM study report
B) List of VM proposals and results
C) Schedule the VM presentation
D) List of participants


3. Which of the following activities should a VM Facilitator recommend decision-makers conduct prior to the disposition of VM proposals?

A) Develop the Implementation Plan
B) Review VM proposals
C) Further develop VM proposals
D) Resolve VM proposals


4. Which is the least appropriate information to include in the Presentation?

A) VM study scope and goals
B) Recommended proposals
C) Expected implementation decisions
D) Recognition of VM study contributors


5. Which of the following is the most commonly used technique to identify functions?

A) Mind Mapping
B) FAST
C) Random Function Identification
D) Random Words


Solutions:

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

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