CVS Exam Dumps - Certified Value Specialist

The correct answers are B and D . In Value Methodology, functions are intentionally expressed at an abstract level, normally in an active verb / measurable noun format, so the team can move away from the existing physical solution and examine what the subject must accomplish. SAVE guidance states that the Function Analysis Phase requires understanding the project from a functional perspective: what it must do, rather than how it is currently conceived . It also states that this phase identifies functions on which to focus the Creativity Phase. ( )

This abstraction creates productive ambiguity. Instead of locking the team into a component, design feature, or known process, the function statement reframes the subject context and opens multiple possible ways to satisfy the same need. That directly supports divergent thinking , which is specifically associated with Creativity in the CVS body of knowledge, including unrestricted idea generation, large quantities of ideas, and suspending judgment until Evaluation. ( )

Option A is incorrect because convergent thinking belongs to Evaluation, where ideas are reduced and prioritized. Option C is also incorrect because structure may support FAST or function modeling, but ambiguity fosters creativity by loosening solution bias, not by focusing on structure.

References/topics: Creativity Phase; Function Analysis Phase; Divergent Thinking; Function Abstraction; Subject Reframing.

The correct answers are A. List VM proposals developed and C. Focus the report on the major VM proposals . In the Presentation Phase, the VM study report must document the results of the study in a clear, decision-oriented format. The report should identify the VM proposals developed during the Development Phase, including the recommended change, basis of comparison, cost effect, value improvement, advantages, disadvantages, and implementation considerations. Listing the developed proposals gives decision makers a complete record of the team’s actionable outputs.

However, an effective report should not become a raw archive of every discussion, idea, or technical detail. It should focus attention on the major VM proposals that offer meaningful value improvement and require management review or approval. This aligns with the Presentation Phase purpose: to communicate developed alternatives clearly and obtain concurrence for implementation.

Option B is less appropriate because the methodology may be summarized, but an overly detailed methodology section can distract from the proposals and decisions required. Option D is incorrect because technical terminology should be controlled and audience-appropriate; excessive jargon weakens communication.

References/topics: Presentation Phase; VM Study Report; Development Phase; VM Proposals; Decision-Maker Communication.

The correct selections are A and C . A VM proposal title should be clear, concise, and persuasive because it is part of the communication package used to move a value alternative toward management understanding, acceptance, and implementation. In the Presentation Phase, the value team presents value alternatives to management, stakeholders, or decision makers, with the intent of helping them make informed decisions aligned with strategic objectives. The SAVE study guide identifies the Presentation Phase purpose as presenting value alternatives to management and other decision makers, and its outcome includes ensuring stakeholders understand the rationale of alternatives and generating interest to sanction implementation. ( cdn..com )

Therefore, a concise title helps the proposal communicate its central idea quickly without obscuring the function, benefit, or decision point. Framing the title to help sell the concept is also appropriate because a VM proposal must communicate value, not merely describe a technical change. The facilitator should avoid overly specific technical language when it narrows the audience’s understanding, and avoid general jargon because it weakens clarity, credibility, and decision usefulness. A strong title should express the value opportunity in management-facing terms.

References/topics: Presentation Phase; Development Phase; VM Proposal Communication; Value Alternatives; Management Decision Support.

The correct answer is C . During the Creativity Phase , the VM facilitator encourages unrestricted idea generation, but the study must still remain aligned with the approved scope, objectives, and sponsor expectations. If the team begins identifying alternatives that appear outside the agreed study boundary, the facilitator should not simply shut down the ideas or allow the team to vote on changing the scope. Scope authority belongs to the study sponsor or client decision structure, not only to the workshop team.

The best action is to discuss and confirm the study scope with the VM Team and study sponsor . This protects both creativity and control. The facilitator can clarify whether the ideas are truly outside scope, whether they should be parked for later consideration, or whether the sponsor wishes to formally expand or adjust the study boundary. This is consistent with VM facilitation practice, where the facilitator manages process discipline while maintaining team participation and sponsor alignment.

Option A is incorrect because scope changes are not decided by team vote. Option B addresses schedule, not scope. Option D is too restrictive and may suppress creative thinking.

References/topics: Creativity Phase; VM Facilitation; Study Scope Control; Sponsor Alignment; VM Job Plan Discipline.

The correct answer is B. $12,000 . This question asks only for the repair and replacement costs of Car B , not the full life-cycle cost. Therefore, the initial purchase price of $50,000 and the fuel cost data are irrelevant for this specific calculation. The only repair/replacement item listed for Car B is tires every two years at $2,000 .

The service life is 12 years . Since tires are replaced every 2 years , the number of replacement cycles is:

12 years ÷ 2 years = 6 replacement cycles

The total repair and replacement cost is therefore:

6 × $2,000 = $12,000

Option A. $6,000 would represent only three tire replacements, which does not cover the full 12-year service life. Option C. $10,000 would represent five replacements; that approach would exclude the final two-year replacement interval, but this question’s wording asks for costs for the service life , so the full 12-year period is counted. Option D. $4,000 covers only two replacement cycles and is clearly incomplete.

In the Evaluation Phase, the CVS candidate must separate initial cost , annual operating cost , and periodic repair/replacement cost before performing life-cycle calculations. This question isolates the periodic replacement-cost component only.

References/topics: Evaluation Phase; Life-Cycle Cost; Repair and Replacement Costs; Recurrent Cost; Cost Classification.

The correct answer is A. Describe the project . In the Information Phase , the client, project sponsor, designer, or owner representative provides the VM team with the factual background needed to understand the study subject. The SAVE Value Methodology Standard describes this phase as the point where the project sponsor and/or designer brief the value study team and allow the team to ask questions based on its data research. ( courses.washington.edu )

This briefing is essentially the client’s role: to explain what the project is, why it exists, what conditions affect it, what constraints apply, and what information the VM team must understand before moving into Function Analysis. The client may describe project scope, objectives, operational needs, performance requirements, site conditions, budget concerns, schedule issues, and known limitations.

Option B , defining expectations, is more closely tied to study planning and sponsor alignment. Option C , explaining the process, is the facilitator’s responsibility. Option D , defining the agenda, is also normally handled by the VM facilitator during preparation and workshop management.

References/topics: Information Phase; Client Briefing; Project Sponsor Role; Data Package; VM Job Plan.

The correct answers are A, D, and E . A RACI matrix is a facilitation and stakeholder-management tool used to clarify how individuals or stakeholder groups participate in activities, tasks, deliverables, or decisions. In VM practice, this supports the facilitator’s responsibility to coordinate participation, communication, and accountability across the multidisciplinary study environment. The SAVE Study Guide emphasizes that VM is performed through a systematic process by a multidisciplinary team and that proper stakeholder participation is necessary to capture real needs versus wants and achieve maximum value. ( )

A RACI matrix identifies the level of stakeholder involvement in activities by assigning roles such as Responsible, Accountable, Consulted, and Informed. It also identifies stakeholders required to provide feedback, which aligns with the Consulted role. Cornell’s RACI definition describes Consulted parties as people whose opinions are sought and who provide knowledge or information before a decision is made. It also describes Informed parties as stakeholders kept updated on progress, process execution, and quality. ( it.cornell.edu ) Therefore, the matrix also helps identify what reasonable information should be provided to stakeholders. Threats and opportunities belong to risk or SWOT analysis, while weighted performance attributes belong to criteria weighting or evaluation methods.

References/topics: VM Facilitation; Stakeholder Engagement; Communication Planning; Team Roles and Responsibilities; RACI Matrix.

The correct answer is D. Review VM proposals . Prior to the formal disposition of VM proposals, decision-makers must first understand what has been recommended, why each proposal was developed, what value improvement is expected, and what effects the proposal may have on cost, performance, quality, schedule, and risk. SAVE’s VM Standard Reference describes the Implementation Phase as the point where the sponsoring organization reviews the results of the VM study and decides which VM proposals to implement . ( )

This sequence is important. Review comes before disposition. Disposition means determining whether each VM proposal is accepted, rejected, deferred, modified, or requires additional study. The SAVE Study Guide also identifies common implementation activities as reviewing the preliminary report and then conducting an implementation meeting to determine the disposition of each value alternative. ( )

Option A occurs after proposals are accepted, because the implementation plan is developed for approved actions. Option B may occur only when information is incomplete, but it is not the normal decision-maker activity before disposition. Option C is essentially the disposition activity itself, not the step before it.

References/topics: Implementation Phase; VM Proposal Review; Preliminary Report; Disposition of Value Alternatives; Implementation Planning.