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Total 45 questions
Exam Code: CVS                Update: Aug 1, 2026
Exam Name: Certified Value Specialist

SAVE International Certified Value Specialist CVS Exam Dumps: Updated Questions & Answers (August 2026)

Question # 1

The project manager resists implementing the change approved by the decision-makers. What should the VM facilitator do?

Choose 2 answers.

A.

Document resistance to the decision makers.

B.

Identify additional information needed.

C.

Identify potential threats to implementation.

D.

Reassess the VM proposal.

Question # 2

Which of the following is the best method to capture the status of recommendations?

A.

Change the corresponding value alternatives.

B.

Audit the project to assure implementation.

C.

Document the disposition of the alternatives.

D.

Provide a summary of the final dispositions in an email.

Question # 3

Which of the following are outcomes of function framing?

Choose 2 answers.

A.

Defines reality in a way that describes what things do and why they do them.

B.

Focuses on existing solutions.

C.

Generates solutions based on what function must be satisfied.

D.

Allows maximum potential for divergent thinking.

Question # 4

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

Choose 2 answers.

A.

Compile information gathered for the Information Phase

B.

Developing a high-level agenda to review with the client and obtaining approval

C.

Preparing a draft of the Implementation Phase

D.

Identifying functions for the VM Team’s consideration

Question # 5

What reviews should be conducted during the development of VM proposals?

Choose 2 answers.

A.

Discard controversial VM proposals.

B.

All VM study team members review VM proposals.

C.

Conduct a midpoint review with stakeholders.

D.

Only the VM facilitator reviews the VM proposals.

Question # 6

Which of the following is the most commonly used technique to identify functions?

A.

FAST

B.

Mind Mapping

C.

Random Words

D.

Random Function Identification

Question # 7

Innovation styles, also known as creativity types, include

A.

Visioning, modifying, and experimenting

B.

Exploring, adapting, and brainstorming

C.

Factfinding, brainstorming, and transforming

D.

Analyzing, testing, and illustrating

Question # 8

A VM study team member arrives with new information during the development of VM proposals. What should the VM facilitator do?

Choose 2 answers.

A.

Assess the information with the VM team.

B.

Discuss the information with the study subject program manager.

C.

Develop a new VM proposal.

D.

Disregard the information.

Question # 9

In VM, the basic function of a product, project, or process answers which question?

A.

What must it do?

B.

What does it cost?

C.

Who designed it?

D.

How quickly can it be procured?

Question # 10

Which of the following is information that is typically documented for “conditionally accepted” VM proposals during the Implementation Meeting?

Choose 3 answers.

A.

Timing of the final decision

B.

Grammar changes to the VM proposals

C.

VM team disagreements

D.

Action required

E.

Responsibilities

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Total 45 questions

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