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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

1. Carpet and vinyl tile are acceptable alternatives for an owner to cover 1,000 square meters of floor.
Carpet
Installation 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
Installation 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 What is the initial cost of the carpet ?

A) $33,000
B) $30,000
C) $36,000
D) $32,500

2. A VM study team member arrives with new information during the development of VM proposals. What should the VM facilitator do?
Choose 2 answers.

A) Develop a new VM proposal.
B) Disregard the information.
C) Discuss the information with the study subject program manager.
D) Assess the information with the VM team.

3. During the Creativity Phase, the VM Study Team is identifying options that are out of the scope of the study.
The Facilitator should

A) Review the VM Job Plan and adjust the schedule.
B) Discuss and confirm the study scope with the VM Team and study sponsor.
C) Remind the VM Team that the suggested ideas are out of scope.
D) Have the group vote on adjusting the scope of the VM study.

4. Which of the following situations are MOST appropriate for using a RACI matrix?
Choose 2 answers.

A) Validated assumptions
B) Communication gaps
C) Misunderstood concepts
D) Process flow

5. One member of the group is dominating the discussions. What approach should the VM Facilitator use to engage the group?

A) ignore the other members of the group
B) ask questions of the quiet members
C) ask the dominating member to leave
D) present other materials

Solutions: