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CVS Practice Questions

Certified Value Specialist

Last Update 5 days ago
Total Questions : 147

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Our free Value Methodology practice questions crafted to reflect the domains and difficulty of the actual exam. The detailed rationales explain the 'why' behind each answer, reinforcing key concepts about CVS. Use this test to pinpoint which areas you need to focus your study on.

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Question # 31

Which of the following are reasons why the VM facilitator and VM study team members should participate in the Implementation Meeting?

Choose 3 answers

Options:

A.  

To answer questions about the cost impact

B.  

To present the VM proposals

C.  

To respond to technical questions about the VM proposals

D.  

To address alternative VM proposals

E.  

To address the level of effort required for implementation

Discussion 0
Question # 32

Which behavior best reflects the proper role of a VM facilitator?

Options:

A.  

Directing the team to select the facilitator’s preferred technical solution

B.  

Remaining substantively neutral while guiding the team through the Job Plan

C.  

Acting as the owner’s cost estimator only

D.  

Eliminating stakeholder disagreement before function analysis begins

Discussion 0
Question # 33

SWOT stands for

Options:

A.  

strengths, weaknesses, organization, and threats.

B.  

strengths, weaknesses, opportunities, and threats.

C.  

standards, weaknesses, organization, and threats.

D.  

standards, weaknesses, organization, and thresholds.

Discussion 0
Question # 34

Which of the following play a part in effective VM Facilitation?

Choose 3 answers.

Options:

A.  

Recognizing disruptive behavior is personal

B.  

Belief in the group and its possibilities

C.  

Familiarity of facilitation concepts and methods

D.  

Practiced ability to plan appropriate group processes

E.  

Technical knowledge in the subject area

Discussion 0
Question # 35

Place the process flow chart for the Function Performance Specification in the correct order.

Question # 35

Options:

Discussion 0
Question # 36

Which of the following are typically included in a VM study report?

Choose 3 answers.

Options:

A.  

VM presentation developed during the Presentation Phase

B.  

Workshop agenda and list of VM team members

C.  

Design plans and specifications

D.  

Summary of the VM Job Plan

E.  

List of all the ideas generated and their evaluation

Discussion 0
Question # 37

A small group within the VM team is sitting silently and won’t engage. What should the VM facilitator do?

Options:

A.  

Ask the group to leave

B.  

Open discussions with the group

C.  

Ignore potential threats to the group

D.  

Engage the other VM team members

Discussion 0
Question # 38

A company wants to add a new product to its manufacturing process. Who should provide input as this new product will affect the current manufacturing process?

Choose 3 answers.

Options:

A.  

Marketing

B.  

Maintenance

C.  

Production

D.  

Human resources

E.  

Engineering

Discussion 0
Question # 39

A VM Facilitator has been asked to propose ways to reduce the value study time commitment of client VM team members who have specialized knowledge required for the study. What should the VM Facilitator propose to best reduce the time commitments of the specialists?

Options:

A.  

Recommend that all team members follow all the VM job plan phases to achieve value improvement.

B.  

Suggest that VM team members with specialized knowledge participate in the Development Phase to ensure reasonable value proposals.

C.  

Recommend VM members with specialized knowledge participate in the Creativity Phase to ensure the team understands their perspectives.

D.  

Suggest VM team members with specialized knowledge participate in the Function Analysis Phase because it leads to creativity.

Discussion 0
Question # 40

Which function statement is written in the most appropriate VM format?

Options:

A.  

Strong steel beam

B.  

Support load

C.  

The beam supports the roof

D.  

Provide better construction system

Discussion 0
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