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

2. Subject information:
Service Life = 12 years
Fuel = $9.00 per liter
Annual kilometers driven = 40,000 kilometers
Car A: Paid $40,000 , needs batteries every two years at $600 , needs tires every two years at $1,000 , fuel efficiency = 10 kilometers per liter .
Car B: Paid $50,000 , needs tires every two years at $2,000 , fuel efficiency = 15 kilometer per liter .
Car C: Paid $60,000 , needs tires every two years at $4,000 , fuel efficiency = 20 kilometer per liter .
What is the annual cost for Car C for the service life of the vehicle?

A) $216,000
B) $18,000
C) $36,000
D) $198,000

3. 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) Review the project's budget to assess financial efficiency.
C) Conduct a one-time survey to gather staff opinions.
D) Define key performance indicators that align with subject objectives.

4. What should the VM facilitator do differently in the virtual versus in-person environment when delivering a VM presentation?

A) Use AI technology
B) Consider participant access restrictions
C) Identify independent work tools
D) Define remote access

5. Which of the following are typically included in a VM study report?
Choose 3 answers.

A) Design plans and specifications
B) List of all the ideas generated and their evaluation
C) Summary of the VM Job Plan
D) Workshop agenda and list of VM team members
E) VM presentation developed during the Presentation Phase

Solutions: