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CVS Exam Dumps - SAVE International Value Methodology Questions and Answers

Question # 14

The VM job plan separates

Options:

A.

creative steps from analytical steps.

B.

designers from the VM Team.

C.

cost estimates from functions.

D.

project needs from functions.

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Question # 15

Which of the following are effective ways to create a good team-building atmosphere in the Creativity Phase?

Choose 2 answers.

Options:

A.

Encourage all team members to participate

B.

Limit each team member to five ideas

C.

Defer judgment of ideas to the Evaluation Phase

D.

Be selective recording ideas

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Question # 16

Which of the following are appropriate techniques to achieve the expected output in the Function Analysis Phase?

Choose 2 answers.

Options:

A.

Random function identification

B.

Detailed cost analysis

C.

Paired comparison matrix

D.

Process flowchart

E.

FAST diagramming

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Question # 17

Which of the following are the purposes of function analysis?

Choose 4 answers.

Options:

A.

Communicate ideas

B.

Stimulate communication

C.

Change viewpoints

D.

Expand knowledge

E.

Identify opportunities

F.

Create opportunities

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Question # 18

A RACI matrix identifies

Choose 3 answers.

Options:

A.

what reasonable information is to be provided.

B.

threats and opportunities.

C.

weighted performance attributes.

D.

level of stakeholder involvement in activities.

E.

stakeholders required to provide feedback.

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Question # 19

Which of the following are key elements of a risk register?

Choose 2 answers.

Options:

A.

Performance criteria

B.

Probability of occurrence

C.

Function of the risk

D.

Impact on the scope

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Question # 20

According to the Value Methodology Job Plan.

Choose 2 answers.

Options:

A.

Alternative solutions are evaluated based on criteria established.

B.

Alternative solutions are generated and evaluated at the same time.

C.

Functions are defined prior to the generation of alternative solutions.

D.

Functions are defined prior to the VM study.

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Question # 21

Which is the least appropriate information to include in the Presentation?

Options:

A.

Recommended proposals

B.

VM study scope and goals

C.

Expected implementation decisions

D.

Recognition of VM study contributors

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Question # 22

Which of the following assists the VM Facilitator in creating a collaborative client relationship?

Choose 3 answers.

Options:

A.

Diagnosing client needs and creating appropriate VM Job Plan elements to achieve intended outcomes

B.

Focusing on structure

C.

Analyzing organizational involvement

D.

Dictating tasks, deliverables, roles, and responsibilities

E.

Clarifying mutual involvement

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Question # 23

Some stakeholders disagree with their level of involvement in the VM study scope. What tool could the VM facilitator use to focus the group?

Options:

A.

Work breakdown structure

B.

SWOT analysis

C.

RACI matrix

D.

Paired comparison

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Exam Code: CVS
Exam Name: Certified Value Specialist
Last Update: Jun 21, 2026
Questions: 147
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