SAVE International Certification Programme
INVESTĀ is the only authorized organization in India for offering certification programmes from SAVE International, the premier international body for promoting Value Methodology worldwide. The trainings are conducted by the Licensed instructors certified by SAVE International or INVEST and certification examinations by ICB (INVEST Certification Board). The training and certification programs are meant to promote and support the practice of the Value Methodology globally in all fields of public and private sectors as well as academia. The certification also encourages continued education and improved practices in VM.
Value Methodology Fundamental (VMF) 1 Training and Value Methodology Associate (VMA) Certification
VMA is an entry level certification that recognizes individuals who have received the basic Value Methodology training. VMA certified individuals can participate in value studies as a team member.
Pre-requisites: Complete the Value Methodology Fundamentals 1 (VMF-1), a competency-based Training with SAVE Licensed instructor.
Course duration: 32 hours online / offline.
The participant is awarded a Certificate of successful competition of VMF1 Training, which is a must for taking VMA exam.
VMA Examination: Ā Candidate has to pay the exam fees to ICB (INVEST Certification Board). It comprises of 60 multiple choice questions, to be completed in 90 minutes. Passing is at 70%.
VMA Certificate: It is awarded after passing the VMA exam. Biyearly maintenance fee has to be paid to INVEST. Refer VMA maintenance guidelines on INVEST Website.
Value Methodology Fundamentals 2 (VMF2) Training
This training is must for those who would like to go for CVS Certification. It covers all 9 VM Core Competencies required for that
Pre-requisites for VMF2:
- Completed Value Methodology Fundamentals 1 training
- Participated in 2 value studies of minimum 24 hours each
Course duration: 32 hours online / offline.
VMF 2 Certificate: The participant is awarded Certificate for successful completion of VMF 2 TrainingĀ
Refer SAVE Website www.value-eng.org for latest information on SAVE Certification programs
Certified Value Specialist (CVS) Certification
CVS is a professional certification that recognizes individuals who have demonstrated an expert level experience and knowledge in the practice of Value Methodology. He/she can lead value study teams. It is the highest level of certification in value methodology from SAVE international.
Pre-requisites:
- VMA in good standing, and completed Value Methodology Fundamentals VMF-2 Training, as per SAVE guidelines
- Collect 24 CP (credit points) under PRACTICE VM (min. 6 Value Studies)
- Collect 30 CP (credit Points under Learn VM
- Undergo Facilitation Training 24 CP (credit Points)
- Collect 10 CP (credit points) under Share VM
- Write a research paper and submit your claim in the form of an application and supporting documents for having completed all requirements to ICB (INVEST Certification Board). For more details, refer SAVE Certification Manual 2019 available on INVEST Website.
- INVEST Certification board will notify after acceptance of application for examination
- Pass the exam of 5 papers in 3.5 hours with min 70% marks in each paper
CVS Certificate: It is awarded to successful candidate after passing all 5 papers of CVS exam. Biyearly maintenance fee has to be paid to INVEST. Refer CVS maintenance guidelines on INVEST Website.
Certification
The SAVE InternationalĀ®Ā Certification Program promotes and supports the practice of the Value Methodology (VM) globally and establishes and maintains professional development requirements. SAVE offers three certification designations:
VMASM
The Value Methodology Associate SM (VMASM) is the entry-level certification offered through the SAVE Certification Program. The VMASM is a professional certification that recognizes individuals who have demonstrated a fundamental level of knowledge of the VM sufficient to participate in a VM study as a VM team member and/or assistant facilitator.CVSĀ®
Certified Value SpecialistĀ® (CVSĀ®) is the highest level of certification attainable through the SAVE Certification Program. The CVSĀ® is a professional certification that recognizes individuals who have demonstrated a level of knowledge of and competency in the application of the VM sufficient to lead VM studies.CVSĀ® – Life
Certified Value SpecialistĀ® (CVSĀ®) – Life is the highest level of certification attainable through the SAVE Certification Program. The CVSĀ®-Life is a professional certification that recognizes individuals who have demonstrated a level of knowledge of and competency in the application of the VM sufficient to lead VM studies, has maintained their CVSĀ® certification and renewals, and has practiced the VM for at least 12 years.Core Competencies
The SAVE InternationalĀ® Value Methodology Core Competencies are the minimum knowledge and skill set, acquired through education and experience, required to successfully apply the Value Methodology in the context of a VM study. A CVSĀ® is recognized by SAVE to have demonstrated knowledge of all components within all 12 Core Competencies, sufficient to lead VM studies. A VMASM is recognized by SAVE to have demonstrated knowledge in most, but not all, of the 12 core competencies.International Affiliates
SAVE maintains a cooperative certification program with affiliate VM societies , whereby they meet all SAVE requirements while adapting the overall requirements to their own cultures.SAVE InternationalĀ® Certification Program Manual
The primary resource for information about the SAVE Certification Program is the SAVE InternationalĀ® Certification Program Manual, one of the SAVE certification program documents . The current edition of the SAVE Certification Program Manual and its future revisions may update the certification information contained on the SAVE website and shall be the authoritative document over all matters concerning SAVE certification, superseding the website and any other previous documentation. All questions/concerns related to SAVE certification should be directed to certification@value-eng.org .