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SAVE International Certified Value Specialist Sample Questions:

1. How should the VM facilitator handle "conditionally accepted" VM proposals?
Choose 2 answers.

A) Ask decision makers for timing of the final decision.
B) List deficiencies of the VM proposal.
C) List the VM proposal as accepted.
D) Identify modifications required for acceptance.

2. Which of the following is information that is typically documented for "conditionally accepted" VM proposals during the Implementation Meeting?
Choose 3 answers.

A) VM team disagreements
B) Timing of the final decision
C) Grammar changes to the VM proposals
D) Action required
E) Responsibilities

3. Carpet and vinyl tile are acceptable alternatives for an owner to cover 1,000 square meters of floor. Carpet installation cost is $30 per square meter. What is the initial cost of the carpet?

A) $36,000
B) $30,000
C) $32,500
D) $33,000

4. The Value Methodology
Choose 2 answers.

A) Maintains paradigms
B) Accelerates the design process
C) Encourages multidisciplinary communication
D) Develops realistic budgets

5. Which of the following are the purposes of function analysis?
Choose 4 answers.

A) Create opportunities
B) Identify opportunities
C) Communicate ideas
D) Stimulate communication
E) Change viewpoints
F) Expand knowledge

Solutions: