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CVS Practice Questions

Certified Value Specialist

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Total Questions : 147

Dive into our fully updated and stable CVS practice test platform, featuring all the latest Value Methodology exam questions added this week. Our preparation tool is more than just a SAVE International study aid; it's a strategic advantage.

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 # 1

Place the process for building a work breakdown structure in the correct order:

Question # 1

Options:

Discussion 0
Question # 2

Other than the creative ideas list and evaluation scores, which of the following information should be included in a value study report?

Options:

A.  

Cover page, table of contents, executive summary, and planning documents

B.  

Recommended alternatives, stakeholder survey, and a list of prioritized functions

C.  

Recommended alternatives, list of information reviewed, and function analysis

D.  

Executive summary, list of information reviewed, a FAST flow chart, and VM presentation

Discussion 0
Question # 3

A FAST diagram is used to

Choose 3 answers.

Options:

A.  

Identify the sequence of functions.

B.  

Test the validity of functions under study.

C.  

Illustrate the relationship of functions to each other.

D.  

Help identify missing functions.

E.  

Identify required activities.

Discussion 0
Question # 4

A VM study team member determined that the VM proposal will not meet the goals of the study subject. What should the VM facilitator do?

Choose 2 answers.

Options:

A.  

Document the reasons for not meeting the goals.

B.  

Review the results with the stakeholders.

C.  

Have the VM team member complete the VM proposal.

D.  

Disregard the VM proposal.

Discussion 0
Question # 5

According to the Value Methodology Job Plan.

Choose 2 answers.

Options:

A.  

Alternative solutions are evaluated based on criteria established.

B.  

Alternative solutions are generated and evaluated at the same time.

C.  

Functions are defined prior to the generation of alternative solutions.

D.  

Functions are defined prior to the VM study.

Discussion 0
Question # 6

In a function, the noun can be:

Options:

A.  

objective or subjective.

B.  

informative or hypothetical.

C.  

quantitative or qualitative.

D.  

descriptive or superficial.

Discussion 0
Question # 7

Which of the following methods should the VM facilitator utilize during the Creativity Phase using discursive creativity techniques?

Choose 2 answers.

Options:

A.  

Focus discussion on the most feasible ideas.

B.  

Assure that one person speaks at a time.

C.  

Break problems into sub-problems.

D.  

Utilize mind-mapping techniques to visualize connections.

Discussion 0
Question # 8

Which of the following are common change drivers?

Choose 3 answers

Options:

A.  

Organizational culture

B.  

Maintaining habits

C.  

Technological evolution

D.  

Process reviews

E.  

Crises

Discussion 0
Question # 9

What is the role of the client in the Information Phase?

Options:

A.  

Describe the project

B.  

Define expectations

C.  

Explain the process

D.  

Define the agenda

Discussion 0
Question # 10

Which of the following are the purposes of function analysis?

Choose 4 answers.

Options:

A.  

Communicate ideas

B.  

Stimulate communication

C.  

Change viewpoints

D.  

Expand knowledge

E.  

Identify opportunities

F.  

Create opportunities

Discussion 0
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