Learn with SAVE International : CVS training material for 100% pass

Last Updated: Aug 05, 2026

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SAVE International CVS Exam Syllabus Topics:

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

                          SAVE International Certified Value Specialist Sample Questions:

                          1. Which of the following are strategies for successful implementation of change?
                          Choose 3 answers.

                          A) Appointment of a steering committee
                          B) Contingency plans to overcome unforeseen resistance to change
                          C) Top management commitment to the implementation plan
                          D) Evaluating the concerns of those on the receiving end of the VM study
                          E) Including large groups in decision-making


                          2. The project team expresses uncertainty about how their tasks align with the overall objectives of the VM Job Plan. What steps should the VM facilitator take to enhance understanding of the VM Job Plan?
                          Choose 2 answers.

                          A) Establish a deadline for project members to complete their preparation.
                          B) Facilitate a discussion to improve their understanding of how their tasks contribute to the VM Job Plan.
                          C) Encourage a collaborative environment by pairing project and VM team members for more in-depth discussions of each other's roles.
                          D) Present the VM Job Plan in detail with minimal interaction, allowing team members to ask questions at the end.


                          3. Subject information:
                          Service Life = 12 years
                          Fuel = $9.00 per liter
                          Annual kilometers driven = 40,000 kilometers
                          Car A: Paid $40,000 , needs batteries every two years at $600 , needs tires every two years at $1,000 , fuel efficiency = 10 kilometers per liter .
                          Car B: Paid $50,000 , needs tires every two years at $2,000 , fuel efficiency = 15 kilometer per liter .
                          Car C: Paid $60,000 , needs tires every two years at $4,000 , fuel efficiency = 20 kilometer per liter .
                          What are the repair and replacement costs for Car B for the service life of the vehicle?

                          A) $10,000
                          B) $4,000
                          C) $12,000
                          D) $6,000


                          4. When a higher discount rate is used to calculate life cycle costs, which change occurs to the value of money over time?

                          A) There is no change.
                          B) The life cycle cost is increased.
                          C) The life cycle cost is reduced.
                          D) The discount rate is not needed.


                          5. Some stakeholders disagree with their level of involvement in the VM study scope. What tool could the VM facilitator use to focus the group?

                          A) RACI matrix
                          B) SWOT analysis
                          C) Paired comparison
                          D) Work breakdown structure


                          Solutions:

                          Question # 1
                          Answer: A,B,C
                          Question # 2
                          Answer: B,C
                          Question # 3
                          Answer: C
                          Question # 4
                          Answer: C
                          Question # 5
                          Answer: A

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