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SAVE International Certified Value Specialist Sample Questions:

1. Who typically relates value directly to the functions they are trying to acquire?

A) Decision makers
B) Users
C) Customers
D) Design team

2. Which of the following actions would be appropriate for transforming your subject's information into a useful work breakdown structure?
Choose 2 answers.

A) Break down the project into defined elements.
B) Identify major milestones and decompose them into manageable elements.
C) List all activities in chronological order without grouping by deliverables.
D) Focus on cost estimates instead of deliverables.

3. Which of the following are balanced scorecard perspectives?
Choose 2 answers.

A) Marketing
B) Design
C) Innovation
D) Cost

4. Select the best matches for the functions of prescription eyeglasses.

5. Which of the following are strategies for successful implementation of change?
Choose 3 answers.

A) Contingency plans to overcome unforeseen resistance to change
B) Evaluating the concerns of those on the receiving end of the VM study
C) Appointment of a steering committee
D) Including large groups in decision-making
E) Top management commitment to the implementation plan

Solutions: