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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

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

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

2. A VM program's standard operating procedures should include

A) a requirement that each VM team member be independent from the development team.
B) a listing of standard functions to be included in a VM study.
C) how subjects for VM studies are identified.
D) a required number of creative ideas to be generated in a study.

3. What tool could the VM study team use to show customer satisfaction?

A) Customer FAST
B) Quality management plan
C) Quality function deployment
D) Resource model

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

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

5. Subject information:
Service Life = 12 years
Fuel = $9.00 per liter
Annual kilometers driven = 40,000 kilometers
Car A: Paid $40,000 , needs batteries every two years at $600 , needs tires every two years at $1,000 , fuel efficiency = 10 kilometers per liter .
Car B: Paid $50,000 , needs tires every two years at $2,000 , fuel efficiency = 15 kilometer per liter .
Car C: Paid $60,000 , needs tires every two years at $4,000 , fuel efficiency = 20 kilometer per liter .
What are the repair and replacement costs for Car B for the service life of the vehicle?

A) $6,000
B) $12,000
C) $10,000
D) $4,000

Solutions: