Updated: Aug 05, 2026
No. of Questions: 149 Questions & Answers with Testing Engine
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| Certification Vendor: | SAVE International |
| Exam Name: | International Certified Value Specialist |
| Exam Number: | CVS |
| Exam Duration: | 180 minutes |
| Exam Format: | Multiple-choice questions, Scenario-based questions |
| Exam Price: | $450 - $550 USD |
| Real Exam Qty: | 100-120 |
| Available Languages: | English |
| Passing Score: | 70% |
| Certificate Validity Period: | 3 years |
| Related Certifications: | Value Methodology Associate (VMA) |
| 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 |
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Value Methodology Job Plan | 30% | - Presentation and implementation phase - Evaluation phase - Creative phase - Function analysis phase - Preparation phase - Development phase - Information phase |
| Topic 2: Tools and Techniques | 20% | - Cost analysis and worth assessment - Function analysis system technique (FAST) - Decision-making and evaluation tools - Creative thinking and idea generation methods |
| Topic 3: Standards, Ethics and Application | 10% | - Application in different industries and sectors - Professional ethics and responsibilities - SAVE International standards and guidelines |
| Topic 4: Leadership and Facilitation | 15% | - Stakeholder management and communication - Leading value study teams - Workshop facilitation skills |
| Topic 5: Value Methodology Principles and Concepts | 25% | - Origins, development and application scope of Value Methodology - Value index, function and cost relationship - Definition and core concepts of Value |
1. Which of the following activities should be prioritized during the Evaluation Phase to analyze the subject's impact?
Choose 2 answers
A) Define key performance indicators that align with subject objectives.
B) Set baseline criteria for measurement against future outcomes.
C) Review the project's budget to assess financial efficiency.
D) Conduct a one-time survey to gather staff opinions.
2. What is the role of the designer during the Information Phase?
A) Identify functions
B) Describe the project
C) Define expectations
D) Identify VM study team members
3. Which of the following are common change drivers?
Choose 3 answers
A) Technological evolution
B) Organizational culture
C) Process reviews
D) Crises
E) Maintaining habits
4. What are effective approaches used by the VM facilitator during the Evaluation Phase?
Choose 2 answers.
A) Establish a clear context for the session.
B) Recognize when the group is off-topic and redirect them.
C) Select a single evaluation technique to be used for the process.
D) Avoid discussion of additional or modified ideas.
5. The left project scope line is located between the
A) Higher order and basic functions
B) Secondary and lower order functions
C) Subject objectives and all-the-time functions
D) Basic and secondary functions
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: B | Question # 3 Answer: A,C,D | Question # 4 Answer: A,B | Question # 5 Answer: A |
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