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SAVE International Certified Value Specialist Sample Questions:

1. Which activities promote innovation by the VM team during the Creativity Phase?
Choose 2 answers.

A) Envisioning the ideal
B) Testing old combinations
C) Maintaining existing solutions
D) Modifying what currently exists

2. 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) $33,000
B) $36,000
C) $32,500
D) $30,000

3. Which factors influence the scheduling of the presentation at the end of the VM study workshop?
Choose 2 answers.

A) Level of management involvement
B) Number of VM proposals developed
C) Number of participants
D) Size of the VM team

4. Place the process for building a work breakdown structure in the correct order:

5. Which of the following strategies should be used to enhance understanding of VM proposals presented during the Presentation Phase?
Choose 2 answers.

A) Use baseline and proposed graphics at a similar level of complexity.
B) Provide clear explanations and context for each graphic presented.
C) Include as many graphics as possible to showcase creativity.
D) Rely solely on the graphics without verbal explanations.

Solutions: