Pass your actual test with our SAVE International CVS training material at first attempt
Updated: Aug 21, 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: | Multiple-choice questions, Scenario-based questions |
| Certificate Validity Period: | 3 years |
| Available Languages: | English |
| Related Certifications: | Value Methodology Associate (VMA) |
| Real Exam Qty: | 100-120 |
| Exam Price: | $450 - $550 USD |
| Exam Duration: | 180 minutes |
| 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 |
|---|---|---|
| Topic 1: Tools and Techniques | 20% | - Function analysis system technique (FAST) - Cost analysis and worth assessment - Creative thinking and idea generation methods - Decision-making and evaluation tools |
| Topic 2: Standards, Ethics and Application | 10% | - Application in different industries and sectors - Professional ethics and responsibilities - SAVE International standards and guidelines |
| Topic 3: Value Methodology Job Plan | 30% | - Function analysis phase - Information phase - Creative phase - Preparation phase - Evaluation phase - Development phase - Presentation and implementation phase |
| Topic 4: Value Methodology Principles and Concepts | 25% | - Value index, function and cost relationship - Origins, development and application scope of Value Methodology - Definition and core concepts of Value |
| Topic 5: Leadership and Facilitation | 15% | - Stakeholder management and communication - Leading value study teams - Workshop facilitation skills |
1. Which of the following are fine filter actions a VM study team can take to evaluate ideas?
Choose 2 answers.
A) Rank the ideas based on estimated costs.
B) Gather team feedback on all ideas without discussion.
C) Align each idea with the subject study goals.
D) Conduct a SWOT analysis for each idea.
2. What are typical examples of evaluation criteria used for a business process study during the Evaluation Phase?
Choose 2 answers.
A) Efficiency
B) Scalability
C) Maintenance
D) Environmental impact
3. The VM study team appears engaged but is not making progress. Which of the following is the most likely cause?
A) Group size
B) Uncomfortable environment
C) Social loafing
D) Groupthink
4. Place the steps of the Random Function Identification Technique in the correct order.
5. Which of the following could a VM facilitator say to stimulate creativity?
Choose 2 answers.
A) "What do you wish could have happened or had been done differently?"
B) "Please wait to speak until you are called upon."
C) "If you could do anything at all to change the study subject, what would that be?"
D) "What does the project manager think of these ideas?"
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: A,B | Question # 3 Answer: D | Question # 4 Answer: Only visible for members | Question # 5 Answer: A,C |
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