SAVE International CVS Exam Questions : Certified Value Specialist

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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

1. 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) Facilitate a discussion to improve their understanding of how their tasks contribute to the VM Job Plan.
B) Establish a deadline for project members to complete their preparation.
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.

2. Carpet and vinyl tile are acceptable alternatives for an owner to cover 1,000 square meters of floor.
Carpet
Installed 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
Installed 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 Between carpet and vinyl, which is a better value option for the owner over the service life of the products?

A) Carpet $138,000
B) Vinyl Tile $178,000
C) Vinyl Tile $130,000
D) Carpet $120,000

3. The VM Job Plan differs from the scientific method approach to problem-solving because the VM job plan

A) focuses on what a subject does.
B) requires less analysis than the scientific method.
C) analyzes a problem and develops a hypothesis.
D) requires less information on a subject than the scientific method.

4. One member of the group is dominating the discussions. What approach should the VM Facilitator use to engage the group?

A) present other materials
B) ignore the other members of the group
C) ask questions of the quiet members
D) ask the dominating member to leave

5. What are key reasons to use a fine evaluation filter?
Choose 2 answers.

A) It uses weighted relative importance.
B) It slows the process to promote initial ideas.
C) It allows differentiation between ideas.
D) It increases rigor in the evaluation process.

Solutions: