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CVS SAVE International Certified Value Specialist Free Practice Exam Questions (2026 Updated)

Prepare effectively for your SAVE International CVS Certified Value Specialist certification with our extensive collection of free, high-quality practice questions. Each question is designed to mirror the actual exam format and objectives, complete with comprehensive answers and detailed explanations. Our materials are regularly updated for 2026, ensuring you have the most current resources to build confidence and succeed on your first attempt.

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Total 147 questions

Function analysis is used to

Choose 2 answers.

A.

provide a new understanding of the project.

B.

identify improvements.

C.

create a collaborative environment.

D.

assist individuals with a technical background.

Which statement best describes the Implementation Phase?

A.

It occurs before the Information Phase to collect user attitudes

B.

It converts accepted value proposals into executed changes and tracks results

C.

It is identical to the Creativity Phase

D.

It is where all unselected ideas are formally approved

When selecting VM study team members, which of the following are preferable?

Choose 2 answers.

A.

Expertise in their field

B.

Availability to attend

C.

Promoting their ideas

D.

Closed-mindedness

Which of the following are fine filter actions a VM study team can take to evaluate ideas?

Choose 2 answers.

A.

Conduct a SWOT analysis for each idea.

B.

Gather team feedback on all ideas without discussion.

C.

Align each idea with the subject study goals.

D.

Rank the ideas based on estimated costs.

On the function logic path in a FAST diagram.

Choose 3 answers.

A.

The function on the left expresses the goal of the function on the right.

B.

Changing a function on the function logic path affects all functions to the left of that function.

C.

The function on the right expresses the approach to perform the function on the left.

D.

The function on the left expresses the approach to perform the function on the right.

E.

Changing a function on the function logic path affects all functions to the right of that function.

F.

The function on the right expresses the goal of the function on the left.

What does VOC stand for?

A.

Value of concepts

B.

Voice of the customer

C.

Voice of the client

D.

Value of communications

Which of the following are typically included in a VM study report?

Choose 3 answers.

A.

VM presentation developed during the Presentation Phase

B.

Workshop agenda and list of VM team members

C.

Design plans and specifications

D.

Summary of the VM Job Plan

E.

List of all the ideas generated and their evaluation

Which of the following could a VM facilitator say to stimulate creativity?

Choose 2 answers.

A.

“What does the project manager think of these ideas?”

B.

“What do you wish could have happened or had been done differently?”

C.

“If you could do anything at all to change the study subject, what would that be?”

D.

“Please wait to speak until you are called upon.”

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

Choose 2 answers.

A.

Performance criteria

B.

Probability of occurrence

C.

Function of the risk

D.

Impact on the scope

Which of the following are common change drivers?

Choose 3 answers

A.

Organizational culture

B.

Maintaining habits

C.

Technological evolution

D.

Process reviews

E.

Crises

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

Choose 3 answers.

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

The VM study team appears engaged but is not making progress. Which of the following is the most likely cause?

A.

Groupthink

B.

Uncomfortable environment

C.

Social loafing

D.

Group size

What should the VM facilitator primarily consider when guiding discussion on which VM proposals to present when time is limited?

Choose 2 answers.

A.

Proposals that provide the greatest benefit

B.

The relative risk of each proposal

C.

Easily implemented proposals

D.

Proposals with low-cost impact

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

Choose 2 answers.

A.

Random function identification

B.

Detailed cost analysis

C.

Paired comparison matrix

D.

Process flowchart

E.

FAST diagramming

Which of the following situations are MOST appropriate for using a RACI matrix?

Choose 2 answers.

A.

Process flow

B.

Communication gaps

C.

Validated assumptions

D.

Misunderstood concepts

The decision-makers agreed to implement a VM proposal requiring an organizational change. What should be done to improve success?

Choose 2 answers.

A.

Encourage participation by those affected by the change

B.

Strictly define the implementation plan

C.

Hire a change management consultant

D.

Appoint an oversight committee

A FAST diagram is used to

Choose 3 answers.

A.

Identify the sequence of functions.

B.

Test the validity of functions under study.

C.

Illustrate the relationship of functions to each other.

D.

Help identify missing functions.

E.

Identify required activities.

Which of the following are strategies for successful implementation of change?

Choose 3 answers.

A.

Evaluating the concerns of those on the receiving end of the VM study

B.

Appointment of a steering committee

C.

Top management commitment to the implementation plan

D.

Contingency plans to overcome unforeseen resistance to change

E.

Including large groups in decision-making

SMART stands for

A.

Specific, Measureable, Attainable, Reasonable, and Timebound.

B.

Specific, Measureable, Accountable, Relevant, and Timebound.

C.

Standards, Measureable, Attainable, Relevant, and Timebound.

D.

Standards, Measureable, Accountable, Relevant, and Timebound.

E.

Standards, Measureable, Attainable, Reasonable, and Timebound.

F.

Specific, Measureable, Attainable, Relevant, and Timebound.

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.

Marketing

B.

Maintenance

C.

Production

D.

Human resources

E.

Engineering

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Total 147 questions
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