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Updated: Oct 10, 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 |
| Exam Duration: | 180 minutes |
| Certificate Validity Period: | 3 years |
| Exam Price: | $450 - $550 USD |
| Passing Score: | 70% |
| Real Exam Qty: | 100-120 |
| Available Languages: | English |
| Exam Format: | Multiple-choice questions, Scenario-based questions |
| Related Certifications: | Value Methodology Associate (VMA) |
| 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 |
|---|---|---|
| Leadership and Facilitation | 15% | - Leading value study teams - Workshop facilitation skills - Stakeholder management and communication |
| Value Methodology Job Plan | 30% | - Development phase - Function analysis phase - Presentation and implementation phase - Evaluation phase - Creative phase - Information phase - Preparation phase |
| Standards, Ethics and Application | 10% | - Professional ethics and responsibilities - SAVE International standards and guidelines - Application in different industries and sectors |
| 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 |
| Tools and Techniques | 20% | - Function analysis system technique (FAST) - Creative thinking and idea generation methods - Decision-making and evaluation tools - Cost analysis and worth assessment |
Place the process for building a work breakdown structure in the correct order:
Correct Answer:

Explanation:
Step 1 - Identify the major deliverables
Step 2 - Identify major supporting activities and tasks
Step 3 - Organize and structure the deliverables
Step 4 - Assign responsibility for deliverables
Step 5 - Verify the work breakdown structure
The correct sequence begins with identifying the major deliverables because a Work Breakdown Structure is deliverable-oriented. The team must first define what must be produced before it can break the work into manageable parts. After the major deliverables are clear, the next step is to identify the major supporting activities and tasks required to complete each deliverable.
The third step is to organize and structure the deliverables into a logical hierarchy. This converts the project scope into a structured framework that can be planned, estimated, tracked, and controlled. The fourth step is to assign responsibility for deliverables , because the WBS must support accountability. Each work element should have clear ownership so that implementation actions do not remain vague or unmanaged.
The final step is to verify the work breakdown structure . Verification confirms that the WBS is complete, logical, non-duplicative, and aligned with the intended scope. In VM practice, this supports implementation planning by connecting proposals, deliverables, responsibilities, and follow-up control.
References/topics: VM Programs; Implementation Planning; Work Breakdown Structure; Deliverable Breakdown; Responsibility Assignment; Project Control.
There is resistance to a new VM program in an organization. What should a VM program coordinator focus on to increase acceptance of VM?
Correct Answer: A 🗳️
Explanation: Only visible for Pass4training members. You can sign-up / login (it's free).
What should the VM facilitator do differently in the virtual versus in-person environment when delivering a VM presentation?
Correct Answer: D 🗳️
Explanation: Only visible for Pass4training members. You can sign-up / login (it's free).
The decision makers cling to familiar ways and reject all the VM proposals. What strategy could the VM facilitator use to persuade them to reconsider their decisions?
Correct Answer: C 🗳️
Explanation: Only visible for Pass4training members. You can sign-up / login (it's free).
When is the most appropriate time to acquire information from the customer?
Correct Answer: A 🗳️
Explanation: Only visible for Pass4training members. You can sign-up / login (it's free).
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