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SAVE International Certified Value Specialist Sample Questions:

1. Which of the following are typically included in a VM study report?
Choose 3 answers.

A) Design plans and specifications
B) Workshop agenda and list of VM team members
C) VM presentation developed during the Presentation Phase
D) Summary of the VM Job Plan
E) List of all the ideas generated and their evaluation

2. Which of the following actions would be appropriate for transforming your subject's information into a useful work breakdown structure?
Choose 2 answers.

A) Identify major milestones and decompose them into manageable elements.
B) List all activities in chronological order without grouping by deliverables.
C) Focus on cost estimates instead of deliverables.
D) Break down the project into defined elements.

3. Which of the following strategies should be used to enhance understanding of VM proposals presented during the Presentation Phase?
Choose 2 answers.

A) Use baseline and proposed graphics at a similar level of complexity.
B) Include as many graphics as possible to showcase creativity.
C) Provide clear explanations and context for each graphic presented.
D) Rely solely on the graphics without verbal explanations.

4. Which of the following actions should be taken to develop a comprehensive and effective VM study report?
Choose 2 answers.

A) Focus the report on the major VM proposals.
B) List VM proposals developed.
C) Focus on technical terminology.
D) Include a detailed methodology section.

5. Which approaches should the VM facilitator use to encourage innovation?
Choose 2 answers.

A) Avoiding the combining and testing of new combinations
B) Imagining the ideal future by focusing on long-term goals for maximizing future potential
C) Exploring by discovering new possibilities using ideas from other areas and disciplines
D) Maintaining current systems that work well

Solutions: