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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

1. What are key factors that cause VM programs to fail?
Choose 2 answers.

A) An undefined implementation and change management process
B) Management support
C) Tracking VM study results
D) Locating the VM program within a department in the organization

2. A VM program manager has limited time available to coordinate VM studies. Rank their priorities.

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 kilometer per liter .
Car C: Paid $60,000 , needs tires every two years at $4,000 , fuel efficiency = 20 kilometer per liter .
What are the repair and replacement costs for Car B for the service life of the vehicle?

A) $4,000
B) $12,000
C) $10,000
D) $6,000

4. What reviews should be conducted during the development of VM proposals?
Choose 2 answers.

A) Conduct a midpoint review with stakeholders.
B) All VM study team members review VM proposals.
C) Discard controversial VM proposals.
D) Only the VM facilitator reviews the VM proposals.

5. In a function, the noun can be:

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

Solutions: