Try and practice the latest SAVE International : CVS real questions & answers
Updated: Aug 20, 2026
No. of Questions: 149 Questions & Answers with Testing Engine
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SAVE International CVS Exam Overview:
| Certification Vendor: | SAVE International |
| Exam Name: | International Certified Value Specialist |
| Exam Number: | CVS |
| Real Exam Qty: | 100-120 |
| Available Languages: | English |
| Passing Score: | 70% |
| Exam Price: | $450 - $550 USD |
| Certificate Validity Period: | 3 years |
| Related Certifications: | Value Methodology Associate (VMA) |
| Exam Format: | Multiple-choice questions, Scenario-based questions |
| Exam Duration: | 180 minutes |
| Recommended Training: | VMF 2 Value Methodology Fundamentals Course |
| Exam Registration: | SAVE International Certification Portal |
| Sample Questions: | SAVE International CVS Sample Questions |
| Exam Way: | Online proctored exam |
| Pre Condition: | Hold active VMA certification; complete VMF 2 course; submit application and get approval |
| Official Syllabus URL: | https://www.value-eng.org/page/cvs |
SAVE International CVS Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Value Methodology Principles and Concepts | 25% | - Definition and core concepts of Value - Origins, development and application scope of Value Methodology - Value index, function and cost relationship |
| Tools and Techniques | 20% | - Creative thinking and idea generation methods - Decision-making and evaluation tools - Cost analysis and worth assessment - Function analysis system technique (FAST) |
| Value Methodology Job Plan | 30% | - Presentation and implementation phase - Creative phase - Preparation phase - Information phase - Function analysis phase - Development phase - Evaluation phase |
| Leadership and Facilitation | 15% | - Workshop facilitation skills - Leading value study teams - Stakeholder management and communication |
| Standards, Ethics and Application | 10% | - Application in different industries and sectors - SAVE International standards and guidelines - Professional ethics and responsibilities |
SAVE International Certified Value Specialist Sample Questions:
1. When a higher discount rate is used to calculate life cycle costs, which change occurs to the value of money over time?
A) The discount rate is not needed.
B) There is no change.
C) The life cycle cost is reduced.
D) The life cycle cost is increased.
2. 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) Including large groups in decision-making
C) Contingency plans to overcome unforeseen resistance to change
D) Top management commitment to the implementation plan
E) Appointment of a steering committee
3. Carpet and vinyl tile are acceptable alternatives for an owner to cover 1,000 square meters of floor.
Carpet
Installation cost, including pad = $30 / square meter
Service life = 10 years
Maintenance cost: vacuum weekly = $500 / month
Maintenance cost: shampoo once per year = $3,000 / shampoo
Vinyl
Installation cost, including pad = $10 / square meter
Service life = 15 years
Maintenance cost: vacuum weekly = $400 / month
Maintenance cost: strip and wax once per month = $1,000 / strip and wax What is the initial cost of the carpet ?
A) $32,500
B) $36,000
C) $30,000
D) $33,000
4. The VM study team appears engaged but is not making progress. Which of the following is the most likely cause?
A) Groupthink
B) Social loafing
C) Group size
D) Uncomfortable environment
5. Which of the following are the effects of increasing the duration of a VM study?
Choose 2 answers.
A) Additional creative techniques can be used
B) Evaluation techniques are more thoughtful
C) Site visit duration is unchanged
D) Numerous FAST diagrams are constructed
E) More VM proposals are implemented
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C,D,E | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: A,B |
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