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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

1. One member of the group is dominating the discussions. What approach should the VM Facilitator use to engage the group?

A) present other materials
B) ask the dominating member to leave
C) ask questions of the quiet members
D) ignore the other members of the group

2. What are tools the VM facilitator might use during the Creativity Phase?
Choose 3 answers.

A) SWOT analysis
B) Reverse brainstorming
C) Mind-mapping
D) RACI matrix
E) Hitchhiking

3. Subject information:
Service Life = 12 years
Fuel = $9.00 per liter
Annual kilometers driven = 40,000 kilometers
Car A: Paid $40,000 , needs batteries every two years at $600 , needs tires every two years at $1,000 , fuel efficiency = 10 kilometers per liter .
Car B: Paid $50,000 , needs tires every two years at $2,000 , fuel efficiency = 15 kilometers per liter .
Car C: Paid $60,000 , needs tires every two years at $4,000 , fuel efficiency = 20 kilometers per liter .
What is the total life cycle cost - initial, replacement costs, and annual costs - of Car A for the service life of the vehicle without considering the discount rate?

A) $84,000
B) $480,000
C) $477,000
D) $500,000

4. Which of the following are inputs to the Presentation Phase?
Choose 3 answers.

A) VM proposals
B) VM study subject information
C) Disposition decision
D) List of participants
E) VM study report

5. 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) Focus on technical terminology.
C) List VM proposals developed.
D) Include a detailed methodology section.

Solutions: