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SAVE International Certified Value Specialist - CVS Exam Practice Test

Page: 1 / 15
Total 149 questions

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Question 1

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

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

Discussion 0

Correct Answer: A,B,C,D Vote an answer

Question 2

On the Function Logic Path, how do prescription eyeglasses correct vision?

A. Secure position B. Improve durability C. Align focus D. Minimize weight

Discussion 0

Correct Answer: C Vote an answer

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Question 3

Which factors influence the scheduling of the presentation at the end of the VM study workshop?
Choose 2 answers.

A. Number of VM proposals developed B. Size of the VM team C. Level of management involvement D. Number of participants

Discussion 0

Correct Answer: A,C Vote an answer

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Question 4

What are typical examples of evaluation criteria used for a business process study during the Evaluation Phase?
Choose 2 answers.

A. Maintenance B. Efficiency C. Environmental impact D. Scalability

Discussion 0

Correct Answer: B,D Vote an answer

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Question 5

A well-managed VM program will include a process
Choose 2 answers.

A. that requires a VM study on each subject. B. for identifying when a VM study should be applied to a subject. C. to guarantee a return on investment from each VM study. D. for selecting subjects for VM studies.

Discussion 0

Correct Answer: B,D Vote an answer

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Question 6

Unwanted functions
Choose 3 answers.

A. degrade performance. B. increase costs. C. are the byproduct of the way another function is performed. D. are the focus for problem-solving. E. are used with Value Index to identify opportunities.

Discussion 0

Correct Answer: A,B,C Vote an answer

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Question 7

Which of the following are strategies for successful implementation of change?
Choose 3 answers.

A. Appointment of a steering committee B. Top management commitment to the implementation plan C. Evaluating the concerns of those on the receiving end of the VM study D. Including large groups in decision-making E. Contingency plans to overcome unforeseen resistance to change

Discussion 0

Correct Answer: A,B,E Vote an answer

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Question 8

Which of the following should be considered when preparing the VM study report?
Choose 3 answers.

A. Status of the VM study subject B. Focusing on the typical audience of stakeholders and project managers C. Using technical language D. Creating a document for those not involved in the VM study E. Identifying non-study focus groups

Discussion 0

Correct Answer: A,B,D Vote an answer

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Question 9

The left project scope line is located between the

A. Subject objectives and all-the-time functions B. Higher order and basic functions C. Secondary and lower order functions D. Basic and secondary functions

Discussion 0

Correct Answer: B Vote an answer

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Question 10

What is the expected output or deliverable of the Information Phase?

A. Identification of value improvement opportunities B. Recommended value improvement proposals C. Thorough understanding of the study subject D. Definition of study subject functions

Discussion 0

Correct Answer: C Vote an answer

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Page: 1 / 15
Total 149 questions

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