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SAVE International CVS Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Value Methodology Principles and Concepts | 25% | - Value index, function and cost relationship - Definition and core concepts of Value - Origins, development and application scope of Value Methodology |
| Topic 2: Standards, Ethics and Application | 10% | - SAVE International standards and guidelines - Professional ethics and responsibilities - Application in different industries and sectors |
| Topic 3: Leadership and Facilitation | 15% | - Leading value study teams - Workshop facilitation skills - Stakeholder management and communication |
| Topic 4: Value Methodology Job Plan | 30% | - Presentation and implementation phase - Information phase - Function analysis phase - Evaluation phase - Development phase - Creative phase - Preparation phase |
| Topic 5: Tools and Techniques | 20% | - Decision-making and evaluation tools - Creative thinking and idea generation methods - Cost analysis and worth assessment - Function analysis system technique (FAST) |
SAVE International Certified Value Specialist Sample Questions:
Which of the following strategies should be employed to enhance the VM study presentation?
Choose 2 answers.
- A. Utilize visuals such as charts and graphs.
- B. Include a summary of key points to reinforce the message.
- C. Provide handouts with detailed technical specifications.
- D. Design the presentation in a complex format.
Correct Answer: A,B 🗳️
Explanation: Only visible for Test4Engine members. You can sign-up / login (it's free).
Unwanted functions
Choose 3 answers.
- A. are the focus for problem-solving.
- B. are used with Value Index to identify opportunities.
- C. are the byproduct of the way another function is performed.
- D. degrade performance.
- E. increase costs.
Correct Answer: C,D,E 🗳️
Explanation: Only visible for Test4Engine members. You can sign-up / login (it's free).
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. $12,000
- B. $6,000
- C. $4,000
- D. $10,000
Correct Answer: A 🗳️
Explanation: Only visible for Test4Engine members. You can sign-up / login (it's free).
Some stakeholders disagree with their level of involvement in the VM study scope. What tool could the VM facilitator use to focus the group?
- A. SWOT analysis
- B. Work breakdown structure
- C. RACI matrix
- D. Paired comparison
Correct Answer: C 🗳️
Explanation: Only visible for Test4Engine members. You can sign-up / login (it's free).
What is the most appropriate description of the Information Phase?
- A. Collect and restructure data to support the function analysis phase
- B. Make sure management agrees with the topic being studied
- C. Confirm timing of Job Plan phases with the customer
- D. Gather, organize, review, and transform data collected
Correct Answer: D 🗳️
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