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SAVE International Certified Value Specialist Sample Questions:

1. 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 kilometer per liter .
Car C: Paid $60,000 , needs tires every two years at $4,000 , fuel efficiency = 20 kilometer per liter .
What is the annual cost for Car C for the service life of the vehicle?

A) $36,000
B) $18,000
C) $198,000
D) $216,000

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

A) Explain the process
B) Define the agenda
C) Describe the project
D) Define expectations

3. How should the VM facilitator handle "conditionally accepted" VM proposals?
Choose 2 answers.

A) Identify modifications required for acceptance.
B) List deficiencies of the VM proposal.
C) Ask decision makers for timing of the final decision.
D) List the VM proposal as accepted.

4. Match each Phase with its correct question:

5. Which of the following strategies should be used to enhance understanding of VM proposals presented during the Presentation Phase?
Choose 2 answers.

A) Provide clear explanations and context for each graphic presented.
B) Rely solely on the graphics without verbal explanations.
C) Use baseline and proposed graphics at a similar level of complexity.
D) Include as many graphics as possible to showcase creativity.

Solutions: