SAVE International Certified Value Specialist CVS Question # 15 Topic 2 Discussion
CVS Exam Topic 2 Question 15 Discussion:
Question #: 15
Topic #: 2
During the Implementation Phase, the project manager is tasked to ensure compliance with internal tracking and auditing procedures. Which action would most effectively demonstrate the application of tracking and audit knowledge and skills?
A.
Develop a training manual for new employees on how to use the project management system, but do not include tracking procedures.
B.
Implement a weekly status update meeting where project milestones are discussed, but focus solely on outcomes without auditing the processes used.
C.
Conduct regular audits of project documents to confirm all data entries are accurate and compliant with company standards.
D.
Only review audit logs at the end of the project to assess compliance and make necessary adjustments for future projects.
The correct answer is C because it directly applies both tracking and audit controls during the Implementation Phase. The CVS/SAVE Value Methodology guidance defines Implementation Activities as ensuring that accepted value alternatives are actually implemented and that the projected benefits are realized. It also identifies implementation responsibilities such as establishing action plans, obtaining commitments, setting review timeframes, tracking value achievement, signing off deliverables, validating benefits, and managing the implementation plan. ( )
Regular audits of project documentation are the most effective action because they verify that recorded data is accurate, current, traceable, and compliant with internal procedures while implementation is still active. This supports corrective action in real time rather than after-the-fact discovery. Option A is incomplete because it excludes tracking procedures. Option B monitors milestones but deliberately avoids auditing the process, which weakens compliance assurance. Option D is reactive and delayed; reviewing logs only at project close does not adequately control implementation performance or prevent noncompliance during execution. The SAVE study guide also emphasizes the value tracking process and tracking implementation results as part of VM program discipline. ( )
References/topics: Implementation Phase; Value Tracking Process; Implementation Plan; Follow-Up Activities; VM Program Reporting.
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