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SAVE International Certified Value Specialist Sample Questions:

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

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

2. Which of the following are the outputs of the Presentation Phase?
Choose 2 answers.

A) Schedule the VM presentation
B) List of participants
C) The VM study report
D) List of VM proposals and results

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

A) Discursive Creativity Method
B) Intuitive Creativity Method
C) Empirical Creativity Method
D) Ideation Creative Method

4. Which statement best describes the Implementation Phase?

A) It converts accepted value proposals into executed changes and tracks results
B) It is identical to the Creativity Phase
C) It is where all unselected ideas are formally approved
D) It occurs before the Information Phase to collect user attitudes

5. Which of the following activities should be prioritized during the Evaluation Phase to analyze the subject's impact?
Choose 2 answers

A) Set baseline criteria for measurement against future outcomes.
B) Conduct a one-time survey to gather staff opinions.
C) Define key performance indicators that align with subject objectives.
D) Review the project's budget to assess financial efficiency.

Solutions: