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Updated: Oct 24, 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 |
| Passing Score: | 70% |
| Exam Format: | Scenario-based questions, Multiple-choice 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 |
| Section | Weight | Objectives |
|---|---|---|
| Value Methodology Principles and Concepts | 25% | - Definition and core concepts of Value - Value index, function and cost relationship - Origins, development and application scope of Value Methodology |
| Standards, Ethics and Application | 10% | - Application in different industries and sectors - SAVE International standards and guidelines - Professional ethics and responsibilities |
| Value Methodology Job Plan | 30% | - Creative phase - Evaluation phase - Presentation and implementation phase - Function analysis phase - Preparation phase - Development phase - Information phase |
| Leadership and Facilitation | 15% | - Leading value study teams - Stakeholder management and communication - Workshop facilitation skills |
| Tools and Techniques | 20% | - Decision-making and evaluation tools - Creative thinking and idea generation methods - Cost analysis and worth assessment - Function analysis system technique (FAST) |
In a function, the noun can be:
Correct Answer: C 🗳️
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Which of the following are balanced scorecard perspectives?
Choose 2 answers.
Correct Answer: A,C 🗳️
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Which statement best describes the Implementation Phase?
Correct Answer: A 🗳️
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Which of the following are specific VM facilitator tasks to be completed prior to the VM study workshop?
Choose 2 answers.
Correct Answer: B,C 🗳️
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Which of the following should be considered when preparing the VM study report?
Choose 3 answers.
Correct Answer: A,B,E 🗳️
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