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Updated: Aug 05, 2026

No. of Questions: 149 Questions & Answers with Testing Engine

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Choosing Purchase: "Online Test Engine"
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SAVE International CVS Exam Overview:

Certification Vendor:SAVE International
Exam Name:International Certified Value Specialist
Exam Number:CVS
Passing Score:70%
Exam Format:Multiple-choice questions, Scenario-based questions
Real Exam Qty:100-120
Available Languages:English
Exam Duration:180 minutes
Certificate Validity Period:3 years
Related Certifications:Value Methodology Associate (VMA)
Exam Price:$450 - $550 USD
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

SAVE International CVS Exam Syllabus Topics:

SectionWeightObjectives
Standards, Ethics and Application10%- Application in different industries and sectors
- SAVE International standards and guidelines
- Professional ethics and responsibilities
Value Methodology Principles and Concepts25%- Definition and core concepts of Value
- Value index, function and cost relationship
- Origins, development and application scope of Value Methodology
Tools and Techniques20%- Decision-making and evaluation tools
- Creative thinking and idea generation methods
- Cost analysis and worth assessment
- Function analysis system technique (FAST)
Value Methodology Job Plan30%- Creative phase
- Evaluation phase
- Presentation and implementation phase
- Function analysis phase
- Preparation phase
- Development phase
- Information phase
Leadership and Facilitation15%- Leading value study teams
- Stakeholder management and communication
- Workshop facilitation skills

SAVE International Certified Value Specialist Sample Questions:

1. In a function, the noun can be:

A) informative or hypothetical.
B) objective or subjective.
C) quantitative or qualitative.
D) descriptive or superficial.


2. Which of the following are balanced scorecard perspectives?
Choose 2 answers.

A) Innovation
B) Design
C) Cost
D) Marketing


3. Which statement best describes the Implementation Phase?

A) It converts accepted value proposals into executed changes and tracks results
B) It occurs before the Information Phase to collect user attitudes
C) It is where all unselected ideas are formally approved
D) It is identical to the Creativity Phase


4. Which of the following are specific VM facilitator tasks to be completed prior to the VM study workshop?
Choose 2 answers.

A) Identifying functions for the VM Team's consideration
B) Compile information gathered for the Information Phase
C) Developing a high-level agenda to review with the client and obtaining approval
D) Preparing a draft of the Implementation Phase


5. Which of the following should be considered when preparing the VM study report?
Choose 3 answers.

A) Creating a document for those not involved in the VM study
B) Focusing on the typical audience of stakeholders and project managers
C) Identifying non-study focus groups
D) Using technical language
E) Status of the VM study subject


Solutions:

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

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