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SAVE International Certified Value Specialist Sample Questions:

1. Which of the following are outcomes of function framing?
Choose 2 answers.

A) Focuses on existing solutions.
B) Defines reality in a way that describes what things do and why they do them.
C) Generates solutions based on what function must be satisfied.
D) Allows maximum potential for divergent thinking.

2. Which of the following indicates the need to train managers, team members, or decision-makers in the Value Methodology?
Choose 3 answers.

A) Poor results
B) Reluctance to participate in a value study
C) Lack of technical expertise
D) Lack of funding
E) Lack of management support

3. Which of the following are techniques the VM facilitator might use for a VM study team that is having difficulty completing the FAST diagram?
Choose 2 answers.

A) Ask the VM study team if a function is missing
B) Make sure all identified functions are used
C) Review level of abstraction
D) Reorganize the functions for the VM study team

4. Which of the following activities should be prioritized during the Evaluation Phase to analyze the subject's impact?
Choose 2 answers

A) Set baseline criteria for measurement against future outcomes.
B) Conduct a one-time survey to gather staff opinions.
C) Review the project's budget to assess financial efficiency.
D) Define key performance indicators that align with subject objectives.

5. Which of the following assists the VM Facilitator in creating a collaborative client relationship?
Choose 3 answers.

A) Focusing on structure
B) Dictating tasks, deliverables, roles, and responsibilities
C) Diagnosing client needs and creating appropriate VM Job Plan elements to achieve intended outcomes
D) Analyzing organizational involvement
E) Clarifying mutual involvement

Solutions: