Free CVS Questions for SAVE International Certified Value Specialist CVS Exam as PDF & Practice Test Engine
A baseline design has a function cost of $120,000 and the team estimates the function worth at $80,000.
Using VI = FC รท FW, what is the Value Index?
Using VI = FC รท FW, what is the Value Index?
Correct Answer: B
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Which of the following actions should be taken to develop a comprehensive and effective VM study report?
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Correct Answer: A,C
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On a FAST diagram, the
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Correct Answer: B,D,E
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Which of the following situations are MOST appropriate for using a RACI matrix?
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Correct Answer: B,C
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A well-managed VM program will include a process
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Correct Answer: A,C
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Subject information:
Service Life = 12 years
Fuel = $9.00 per liter
Annual kilometers driven = 40,000 kilometers
Car A: Paid $40,000 , needs batteries every two years at $600 , needs tires every two years at $1,000 , fuel efficiency = 10 kilometers per liter .
Car B: Paid $50,000 , needs tires every two years at $2,000 , fuel efficiency = 15 kilometers per liter .
Car C: Paid $60,000 , needs tires every two years at $4,000 , fuel efficiency = 20 kilometers per liter .
What is the total life cycle cost - initial, replacement costs, and annual costs - of Car A for the service life of the vehicle without considering the discount rate?
Service Life = 12 years
Fuel = $9.00 per liter
Annual kilometers driven = 40,000 kilometers
Car A: Paid $40,000 , needs batteries every two years at $600 , needs tires every two years at $1,000 , fuel efficiency = 10 kilometers per liter .
Car B: Paid $50,000 , needs tires every two years at $2,000 , fuel efficiency = 15 kilometers per liter .
Car C: Paid $60,000 , needs tires every two years at $4,000 , fuel efficiency = 20 kilometers per liter .
What is the total life cycle cost - initial, replacement costs, and annual costs - of Car A for the service life of the vehicle without considering the discount rate?
Correct Answer: A
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Which is the least appropriate information to include in the Presentation?
Correct Answer: C
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Which of the following assists the VM Facilitator in creating a collaborative client relationship?
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Correct Answer: A,B,D
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What are tools the VM facilitator might use during the Creativity Phase?
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Correct Answer: A,C,E
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