SAVE International CVS Exam Questions : Certified Value Specialist

Exam Code: CVS
Exam Name: Certified Value Specialist
Updated: Sep 23, 2026
Q&As: 149 Questions and Answers

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SAVE International CVS Exam Syllabus Topics:

Section

Objectives

Job Plan Phases

- Presentation Phase

1. Proposal presentation
2. Stakeholder review

- Creative Phase

1. Idea generation techniques

- Development Phase

1. Solution development
2. Cost-benefit analysis

- Information Phase

1. Data collection and cost review
2. Project scope definition

- Evaluation Phase

1. Idea screening and ranking

- Function Analysis Phase

1. FAST diagramming
2. Function identification

Value Methodology Overview

- Principles of Value Engineering / Value Analysis

1. Value definition and concepts
2. Function analysis basics

Professional Practice Requirements

- Project documentation and reporting
- Value study facilitation

SAVE International Certified Value Specialist Sample Questions:

Question #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.

Reveal Solution Discussion 0

Correct Answer: A,C 🗳️

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Question #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?