SAVE International Certified Value Specialist : CVS

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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

1. Which of the following actions would be appropriate to effectively report lessons learned for a VM program?
Choose 2 answers.

A) Schedule a meeting with the team to discuss the lessons learned and how they can be applied in future projects.
B) Create a summarized report of lessons learned and share it with the project team.
C) Ignore the lessons learned discussion since the last project was successful.
D) Store the lessons learned report in a digital folder without any further distribution.

2. What is the expected output or deliverable of the Information Phase?

A) Recommended value improvement proposals
B) Thorough understanding of the study subject
C) Definition of study subject functions
D) Identification of value improvement opportunities

3. Match each Phase with its correct question:

4. Which of the following could a VM facilitator say to stimulate creativity?
Choose 2 answers.

A) "What do you wish could have happened or had been done differently?"
B) "What does the project manager think of these ideas?"
C) "Please wait to speak until you are called upon."
D) "If you could do anything at all to change the study subject, what would that be?"

5. 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) Remind the VM Team that the suggested ideas are out of scope.
C) Discuss and confirm the study scope with the VM Team and study sponsor.
D) Have the group vote on adjusting the scope of the VM study.

Solutions: