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SAVE International Certified Value Specialist Sample Questions:

1. Which of the following are fine filter actions a VM study team can take to evaluate ideas?
Choose 2 answers.

A) Gather team feedback on all ideas without discussion.
B) Rank the ideas based on estimated costs.
C) Conduct a SWOT analysis for each idea.
D) Align each idea with the subject study goals.

2. What should the VM facilitator consider for the title of a VM proposal?
Choose 2 answers.

A) Using a concise description of the proposal
B) Framing the title to help sell the concept
C) Using general non-specific jargon
D) Using specific technical language

3. What is the correct order for the management of change stages?

A) Acknowledgement, shock, defensive retreat, adaptation to change
B) Defensive retreat, shock, acknowledgement, adaptation to change
C) Shock, defensive retreat, acknowledgement, adaptation to change
D) Adaptation to change, acknowledgement, defensive retreat, shock

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

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

5. Carpet and vinyl tile are acceptable alternatives for an owner to cover 1,000 square meters of floor. Carpet installation cost is $30 per square meter. What is the initial cost of the carpet?

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

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