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SAVE International CVS Exam Overview:
| Certification Vendor: | SAVE International |
| Exam Name: | International Certified Value Specialist |
| Exam Number: | CVS |
| Exam Price: | $450 - $550 USD |
| Exam Duration: | 180 minutes |
| Certificate Validity Period: | 3 years |
| Available Languages: | English |
| Related Certifications: | Value Methodology Associate (VMA) |
| Passing Score: | 70% |
| Real Exam Qty: | 100-120 |
| Exam Format: | Multiple-choice questions, Scenario-based questions |
| Recommended Training: | VMF 2 Value Methodology Fundamentals Course |
| Exam Registration: | SAVE International Certification Portal |
| Sample Questions: | SAVE International CVS Sample Questions |
| Exam Way: | Online proctored exam |
| Pre Condition: | Hold active VMA certification; complete VMF 2 course; submit application and get approval |
| Official Syllabus URL: | https://www.value-eng.org/page/cvs |
SAVE International CVS Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Tools and Techniques | 20% | - Cost analysis and worth assessment - Decision-making and evaluation tools - Function analysis system technique (FAST) - Creative thinking and idea generation methods |
| Value Methodology Principles and Concepts | 25% | - Value index, function and cost relationship - Origins, development and application scope of Value Methodology - Definition and core concepts of Value |
| Standards, Ethics and Application | 10% | - SAVE International standards and guidelines - Professional ethics and responsibilities - Application in different industries and sectors |
| Value Methodology Job Plan | 30% | - Presentation and implementation phase - Development phase - Function analysis phase - Preparation phase - Creative phase - Evaluation phase - Information phase |
| Leadership and Facilitation | 15% | - Leading value study teams - Workshop facilitation skills - Stakeholder management and communication |
SAVE International Certified Value Specialist Sample Questions:
1. Which of the following are balanced scorecard perspectives?
Choose 2 answers.
A) Marketing
B) Cost
C) Design
D) Innovation
2. 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
3. What should the VM facilitator primarily consider when guiding discussion on which VM proposals to present when time is limited?
Choose 2 answers.
A) Easily implemented proposals
B) The relative risk of each proposal
C) Proposals with low-cost impact
D) Proposals that provide the greatest benefit
4. Which behavior best reflects the proper role of a VM facilitator?
A) Acting as the owner's cost estimator only
B) Eliminating stakeholder disagreement before function analysis begins
C) Directing the team to select the facilitator's preferred technical solution
D) Remaining substantively neutral while guiding the team through the Job Plan
5. SWOT stands for
A) strengths, weaknesses, opportunities, and threats.
B) standards, weaknesses, organization, and threats.
C) standards, weaknesses, organization, and thresholds.
D) strengths, weaknesses, organization, and threats.
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: B | Question # 3 Answer: B,D | Question # 4 Answer: D | Question # 5 Answer: A |
By Burke
