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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

1. Carpet and vinyl tile are acceptable alternatives for an owner to cover 1,000 square meters of floor.
Carpet
Installed 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
Installed 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 Between carpet and vinyl, which is a better value option for the owner over the service life of the products?

A) Vinyl Tile $178,000
B) Carpet $138,000
C) Vinyl Tile $130,000
D) Carpet $120,000

2. Which of the following are specific VM facilitator tasks to be completed prior to the VM study workshop?
Choose 2 answers.

A) Identifying functions for the VM Team's consideration
B) Preparing a draft of the Implementation Phase
C) Developing a high-level agenda to review with the client and obtaining approval
D) Compile information gathered for the Information Phase

3.
Which of the following is an "all-the-time" function in a FAST diagram for prescription eyeglasses?

A) Display information
B) Position lenses
C) Access vision
D) Improve focus

4. Which statement best describes a FAST diagram?

A) A cost spreadsheet used to calculate inflation
B) A graphical model showing dependent relationships among functions
C) A schedule network used to calculate project float
D) A procurement chart showing supplier lead times

5. Which of the following considerations should be included in the Implementation Plan for each of the accepted VM proposals?
Choose 3 answers.

A) VM Team involvement
B) Responsibility
C) Implementation costs
D) New Proposals
E) Schedule

Solutions: