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SAVE International Certified Value Specialist Sample Questions:

1. 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) "What does the project manager think of these ideas?"
D) "Please wait to speak until you are called upon."

2. The project manager resists implementing the change approved by the decision-makers. What should the VM facilitator do?
Choose 2 answers.

A) Reassess the VM proposal.
B) Document resistance to the decision makers.
C) Identify additional information needed.
D) Identify potential threats to implementation.

3. When a higher discount rate is used to calculate life cycle costs, which change occurs to the value of money over time?

A) The life cycle cost is increased.
B) There is no change.
C) The discount rate is not needed.
D) The life cycle cost is reduced.

4. Which of the following is the VM facilitator's role during the Implementation Phase?

A) Assess VM proposals
B) Sell ideas
C) Guide disposition
D) Develop implementation plan

5. What is the role of the designer during the Information Phase?

A) Describe the project
B) Identify VM study team members
C) Identify functions
D) Define expectations

Solutions: