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SAVE International CVS - Certified Value Specialist

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Total 147 questions

Some stakeholders disagree with their level of involvement in the VM study scope. What tool could the VM facilitator use to focus the group?

A.

Work breakdown structure

B.

SWOT analysis

C.

RACI matrix

D.

Paired comparison

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

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

On a FAST diagram, the

Choose 3 answers.

A.

scope lines represent limits of the VM study subject.

B.

scope lines are shown as solid lines.

C.

basic function is to the immediate right of the left scope line.

D.

higher order function is to the immediate left of the left scope line.

E.

lower order function is to the immediate left of the right scope line.

Which of the following are strategies for successful implementation of change?

Choose 3 answers.

A.

Evaluating the concerns of those on the receiving end of the VM study

B.

Appointment of a steering committee

C.

Top management commitment to the implementation plan

D.

Contingency plans to overcome unforeseen resistance to change

E.

Including large groups in decision-making

Which of the following are the effects of increasing the duration of a VM study?

Choose 2 answers.

A.

Site visit duration is unchanged

B.

Additional creative techniques can be used

C.

Numerous FAST diagrams are constructed

D.

Evaluation techniques are more thoughtful

E.

More VM proposals are implemented

During the Creativity Phase, the VM Study Team is identifying options that are out of the scope of the study. The Facilitator should

A.

Have the group vote on adjusting the scope of the VM study.

B.

Review the VM Job Plan and adjust the schedule.

C.

Discuss and confirm the study scope with the VM Team and study sponsor.

D.

Remind the VM Team that the suggested ideas are out of scope.

SWOT stands for

A.

strengths, weaknesses, organization, and threats.

B.

strengths, weaknesses, opportunities, and threats.

C.

standards, weaknesses, organization, and threats.

D.

standards, weaknesses, organization, and thresholds.

Which creativity method is based on the consideration of the overall problem and brainstorming by function?

A.

Intuitive Creativity Method

B.

Ideation Creative Method

C.

Discursive Creativity Method

D.

Empirical Creativity Method

Which of the following are balanced scorecard perspectives?

Choose 2 answers.

A.

Cost

B.

Design

C.

Marketing

D.

Innovation

Which of the following are the outputs of the Presentation Phase?

Choose 2 answers.

A.

List of participants

B.

Schedule the VM presentation

C.

The VM study report

D.

List of VM proposals and results