Certified Value Specialist CVS guide torrent materials

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SAVE International Certified Value Specialist Sample Questions:

1. 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 are the repair and replacement costs for Car B for the service life of the vehicle?

A) $12,000
B) $10,000
C) $4,000
D) $6,000

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

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

3. On a FAST diagram, the
Choose 3 answers.

A) basic function is to the immediate right of the left scope line.
B) scope lines are shown as solid lines.
C) scope lines represent limits of the VM study subject.
D) higher order function is to the immediate left of the left scope line.
E) lower order function is to the immediate left of the right scope line.

4. Which of the following could a VM facilitator say to stimulate creativity?
Choose 2 answers.

A) "What do you wish could have happened or had been done differently?"
B) "If you could do anything at all to change the study subject, what would that be?"
C) "Please wait to speak until you are called upon."
D) "What does the project manager think of these ideas?"

5. What should the VM facilitator primarily consider when guiding discussion on which VM proposals to present when time is limited?
Choose 2 answers.

A) Easily implemented proposals
B) Proposals that provide the greatest benefit
C) Proposals with low-cost impact
D) The relative risk of each proposal

Solutions: