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SAVE International Certified Value Specialist Sample Questions:

1. Which of the following situations are MOST appropriate for using a RACI matrix?
Choose 2 answers.

A) Misunderstood concepts
B) Process flow
C) Validated assumptions
D) Communication gaps

2. A VM study team member determined that the VM proposal will not meet the goals of the study subject.
What should the VM facilitator do?
Choose 2 answers.

A) Review the results with the stakeholders.
B) Document the reasons for not meeting the goals.
C) Have the VM team member complete the VM proposal.
D) Disregard the VM proposal.

3. Which of the following are balanced scorecard perspectives?
Choose 2 answers.

A) Innovation
B) Design
C) Marketing
D) Cost

4. 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) Level of management involvement
C) Size of the VM team
D) Number of participants

5. Which of the following are key elements of a risk register?
Choose 2 answers.

A) Probability of occurrence
B) Function of the risk
C) Performance criteria
D) Impact on the scope

Solutions: