Try SAVE International : CVS valid & accurate questions and answers

Updated: Oct 12, 2026

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SAVE International CVS Exam Overview:

Certification Vendor:SAVE International
Exam Name:Certified Value Specialist (CVS)
Exam Number:CVS
Available Languages:English
Exam Format:Workshop completion, Value methodology job plan application review, Project / case study based assessment
Related Certifications:Associate Value Specialist (AVS)
Value Methodology (VM) Workshop Certification
Sample Questions:SAVE International CVS Sample Questions
Exam Way:Workshop-based training plus project/case study evaluation and certification approval by SAVE International
Pre Condition:Completion of SAVE International approved Value Methodology workshop and submission/approval of a value study project
Official Syllabus URL:https://www.value-eng.org

SAVE International CVS Exam Syllabus Topics:

SectionObjectives
Job Plan Phases- Presentation Phase
  • 1. Stakeholder review
    • 2. Proposal presentation
      - Information Phase
      • 1. Project scope definition
        • 2. Data collection and cost review
          - Development Phase
          • 1. Solution development
            • 2. Cost-benefit analysis
              - Evaluation Phase
              • 1. Idea screening and ranking
                - Function Analysis Phase
                • 1. Function identification
                  • 2. FAST diagramming
                    - Creative Phase
                    • 1. Idea generation techniques
                      Professional Practice Requirements- Value study facilitation
                      - Project documentation and reporting
                      Value Methodology Overview- Principles of Value Engineering / Value Analysis
                      • 1. Function analysis basics
                        • 2. Value definition and concepts

                          SAVE International Certified Value Specialist Sample Questions:

                          Question #1

                          Which of the following are the effects of increasing the duration of a VM study?
                          Choose 2 answers.

                          • A. Additional creative techniques can be used
                          • B. Numerous FAST diagrams are constructed
                          • C. Site visit duration is unchanged
                          • D. Evaluation techniques are more thoughtful
                          • E. More VM proposals are implemented
                          Reveal Solution  Discussion  0

                          Correct Answer: A,D  🗳️

                          Explanation: Only visible for Exams-boost members. You can sign-up / login (it's free).

                          Question #2

                          Which of the following are specific VM facilitator tasks to be completed prior to the VM study workshop?
                          Choose 2 answers.

                          • A. Developing a high-level agenda to review with the client and obtaining approval
                          • B. Compile information gathered for the Information Phase
                          • C. Preparing a draft of the Implementation Phase
                          • D. Identifying functions for the VM Team's consideration
                          Reveal Solution  Discussion  0

                          Correct Answer: A,B  🗳️

                          Explanation: Only visible for Exams-boost members. You can sign-up / login (it's free).

                          Question #3

                          What are key factors that cause VM programs to fail?
                          Choose 2 answers.

                          • A. Locating the VM program within a department in the organization
                          • B. Management support
                          • C. Tracking VM study results
                          • D. An undefined implementation and change management process
                          Reveal Solution  Discussion  0

                          Correct Answer: A,D  🗳️

                          Explanation: Only visible for Exams-boost members. You can sign-up / login (it's free).

                          Question #4

                          SMART stands for

                          • A. Standards, Measureable, Accountable, Relevant, and Timebound.
                          • B. Specific, Measureable, Attainable, Relevant, and Timebound.
                          • C. Standards, Measureable, Attainable, Relevant, and Timebound.
                          • D. Specific, Measureable, Accountable, Relevant, and Timebound.
                          • E. Specific, Measureable, Attainable, Reasonable, and Timebound.
                          • F. Standards, Measureable, Attainable, Reasonable, and Timebound.
                          Reveal Solution  Discussion  0

                          Correct Answer: B  🗳️

                          Explanation: Only visible for Exams-boost members. You can sign-up / login (it's free).

                          Question #5

                          Match each Phase with its correct question:

                          Reveal Solution  Discussion  0

                          Correct Answer:


                          Explanation:

                          The correct matching follows the logic of the SAVE Value Methodology Job Plan. The Information Phase establishes factual understanding of the study subject, so its controlling question is "What is it?" The SAVE VM Standard describes this phase as reviewing current project conditions and identifying study goals. The Function Analysis Phase asks "What does it do?" because the team defines the project's functions in active verb/measurable noun form and analyzes which functions require improvement, elimination, or creation. The Creativity Phase asks "What else will do it?" because the team identifies alternative ways to perform the required functions. The Evaluation Phase asks "Will it work?" because ideas are screened against value potential, performance requirements, and resource limits. The Development Phase asks "What are the details?" because selected ideas are expanded into documented alternatives or proposals. Finally, the Presentation Phase aligns with "What if?" because decision makers must understand the implications, adequacy, risks, and value improvement opportunity before approving implementation. SAVE identifies these six phases as sequential and states that each phase provides the information needed for successful execution of the next phase.
                          References/topics: Value Methodology and Job Plan; Information Phase; Function Analysis Phase; Creativity Phase; Evaluation Phase; Development Phase; Presentation Phase.

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