CVS Exam Dumps : Certified Value Specialist

The correct answers are Maintenance, Production, and Engineering . In the Preparation Phase, the VM Facilitator must ensure that the right stakeholders and technical participants are involved before the study begins. SAVE describes Value Methodology as a systematic process performed by a multidisciplinary team led by a qualified facilitator to improve value. ( Value Engineering ) The selected participants should represent the areas directly affected by the subject under study.

Because the new product affects the current manufacturing process , the most relevant input must come from those who understand the physical process, equipment, workflow, capacity, and technical requirements. Production provides knowledge of daily operations, labor flow, throughput, bottlenecks, quality issues, and feasibility on the shop floor. Maintenance provides input on machine reliability, downtime risk, service access, preventive maintenance needs, and equipment limitations. Engineering contributes design, tooling, process capability, specifications, manufacturability, and technical integration.

Marketing may help define customer demand or product positioning, but the question specifically focuses on manufacturing-process impact. Human resources may support staffing or training later, but it is not one of the primary technical input sources for process change.

References/topics: Preparation Phase; Team Selection; Stakeholder Involvement; Multidisciplinary Team; VM Facilitation.

The correct answers are A. Efficiency and D. Scalability . In the Evaluation Phase, the VM team uses structured criteria to screen and rank creative ideas based on their ability to improve value while still delivering the required functions. SAVE’s Value Methodology Standard defines VM as a systematic process used by a multidisciplinary team to improve value through function analysis, and it confirms that VM applies not only to products and construction projects but also to business procedures, services, manufacturing processes, and business plans . ( )

For a business process study , typical evaluation criteria focus on how well an alternative improves process performance. Efficiency is a primary criterion because business-process alternatives are commonly judged by cycle time, resource use, duplication reduction, workflow simplification, and productivity. Scalability is also typical because the improved process should remain effective as transaction volume, users, locations, or organizational complexity increase.

Environmental impact may be valid in sustainability-driven studies, construction, or product/process engineering, but it is not a typical core criterion for a general business-process VM study. Maintenance is more typical for physical assets, facilities, equipment, or technical systems. The Evaluation Phase specifically selects ideas that offer value improvement while considering performance requirements and resource limits. ( )

References/topics: Evaluation Phase; Business Process Study; Evaluation Criteria; ; Scalability; Value Improvement.

The correct answers are B and D . Increasing the duration of a VM study gives the team more working time inside the structured Job Plan. SAVE describes Value Methodology as a structured process following defined phases such as Information, Function Analysis, Creativity, Evaluation, Development, and Presentation. ( Value Engineering ) When more time is available, the team can apply additional creative techniques during the Creativity Phase rather than relying only on basic brainstorming. This may include checklists, attribute listing, analogy, morphological methods, or other structured idea-generation approaches.

A longer study also allows evaluation techniques to be more thoughtful . In the Evaluation Phase, ideas from the Creativity Phase are screened, grouped, compared, ranked, and selected for further development. With more time, the team can apply better criteria, discuss advantages and disadvantages more carefully, consider cost, performance, risk, constructability, operations, and maintenance impacts, and reach stronger consensus.

Option A is incorrect because site-visit time may change depending on study scope and complexity. Option C is incorrect because more duration does not mean numerous FAST diagrams must be produced. Option E is not guaranteed because implementation depends on management approval, feasibility, funding, and follow-through after the study.

References/topics: VM Programs; Study Duration; Creativity Phase; Evaluation Phase; VM Job Plan Planning.