Updated: Aug 16, 2026
No. of Questions: 149 Questions & Answers with Testing Engine
Download Limit: Unlimited
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| Certification Vendor: | SAVE International |
| Exam Name: | International Certified Value Specialist |
| Exam Number: | CVS |
| Related Certifications: | Value Methodology Associate (VMA) |
| Exam Format: | Multiple-choice questions, Scenario-based questions |
| Available Languages: | English |
| Real Exam Qty: | 100-120 |
| Exam Price: | $450 - $550 USD |
| Exam Duration: | 180 minutes |
| Certificate Validity Period: | 3 years |
| Passing Score: | 70% |
| 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: Value Methodology Principles and Concepts | 25% | - Origins, development and application scope of Value Methodology - Value index, function and cost relationship - Definition and core concepts of Value |
| Topic 2: Value Methodology Job Plan | 30% | - Evaluation phase - Creative phase - Preparation phase - Function analysis phase - Information phase - Development phase - Presentation and implementation phase |
| Topic 3: Standards, Ethics and Application | 10% | - Professional ethics and responsibilities - SAVE International standards and guidelines - Application in different industries and sectors |
| Topic 4: Tools and Techniques | 20% | - Cost analysis and worth assessment - Function analysis system technique (FAST) - Creative thinking and idea generation methods - Decision-making and evaluation tools |
| Topic 5: Leadership and Facilitation | 15% | - Leading value study teams - Workshop facilitation skills - Stakeholder management and communication |
1. Which factors influence the scheduling of the presentation at the end of the VM study workshop?
Choose 2 answers.
A) Size of the VM team
B) Number of participants
C) Number of VM proposals developed
D) Level of management involvement
2. Which of the following actions should be taken to develop a comprehensive and effective VM study report?
Choose 2 answers.
A) List VM proposals developed.
B) Focus on technical terminology.
C) Include a detailed methodology section.
D) Focus the report on the major VM proposals.
3. What is the role of the client in the Information Phase?
A) Explain the process
B) Describe the project
C) Define expectations
D) Define the agenda
4. Which of the following strategies should be used to enhance understanding of VM proposals presented during the Presentation Phase?
Choose 2 answers.
A) Include as many graphics as possible to showcase creativity.
B) Provide clear explanations and context for each graphic presented.
C) Rely solely on the graphics without verbal explanations.
D) Use baseline and proposed graphics at a similar level of complexity.
5. A company wants to add a new product to its manufacturing process. Who should provide input as this new product will affect the current manufacturing process?
Choose 3 answers.
A) Engineering
B) Production
C) Marketing
D) Maintenance
E) Human resources
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: A,D | Question # 3 Answer: B | Question # 4 Answer: B,D | Question # 5 Answer: A,B,D |
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