Free SAVE International CVS Practice Test & Real Exam Questions

  • Exam Code/Number: CVS
  • Exam Name/Title: Certified Value Specialist
  • Certification Provider: SAVE International
  • Corresponding Certification: Value Methodology
  • Exam Questions: 149
  • Updated On: Aug 05, 2026
Which of the following activities should be prioritized during the Evaluation Phase to analyze the subject's impact?
Choose 2 answers
Correct Answer: A,D Vote an answer
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Some stakeholders disagree with their level of involvement in the VM study scope. What tool could the VM facilitator use to focus the group?
Correct Answer: B Vote an answer
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How should the VM facilitator handle "conditionally accepted" VM proposals?
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Correct Answer: C,D Vote an answer
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Place the steps of the Random Function Identification Technique in the correct order.
Correct Answer:

Explanation:
1. Review information # 2. Create matrix or table # 3. List elements or components # 4. Brainstorm functions
# 5. Identify basic function(s)
The correct sequence follows the Function Analysis Phase logic used in Value Methodology. The team must first review information so that the subject under study is understood before any function statements are generated. SAVE's VMF curriculum places Random Function Identification directly within the Function Analysis Phase, after defining functions and before FAST diagramming and function-resource matrices. ( SAVE International Online Courses ) After reviewing the available data, the facilitator creates a matrix or table to organize the analysis. The team then lists the physical or process elements/components being examined. Once the elements are visible, the team can brainstorm functions using the required active verb and measurable noun format. SAVE's Value Methodology Standard states that the Function Analysis Phase begins by identifying and defining work and sell functions using active verbs and measurable nouns, and notes that this is often called Random Function Definition . ( courses.washington.edu ) The final step is to identify the basic function(s) because basic-function classification can only be done after candidate functions have been generated. This aligns with the Standard's sequence: define functions first, then classify them as basic or secondary. ( courses.washington.edu ) References/topics: Function Analysis Phase; Random Function Identification; Function Definition; Basic Function Classification.
What is the role of the client in the Information Phase?
Correct Answer: D Vote an answer
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SMART stands for
Correct Answer: C Vote an answer
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Which of the following actions would be appropriate for creating an effective evaluation framework?
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Correct Answer: A,D Vote an answer
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Which of the following are appropriate techniques to achieve the expected output in the Function Analysis Phase?
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Correct Answer: C,E Vote an answer
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Function analysis is used to
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Correct Answer: B,D Vote an answer
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Which of the following are typically documented on an Implementation Form?
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Correct Answer: A,C,E Vote an answer
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