Management of Value Foundation Exam Exam Questions PDF download

QUESTION: 9

Which would NOT be used to estimate the operating and running costs for a new IT system?

The operating costs of a similar IT implementation
The current daily rate of specialist skills required to operate the system
An estimate of how many staff would be required to run the new system
The total expenditure on MoV Studies

Answer(s): D

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QUESTION: 10

Which is NOT a key element of stakeholder consultation?

Ensuring that all major stakeholders for the project have been identified and engaged
Ensuring that the same stakeholder representatives are involved throughout the project
Ensuring that stakeholders are provided with timely, specific and clear information regarding proposals and their impacts throughout the development process
Ensuring that regular feedback on progress is given

Answer(s): B

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QUESTION: 11

Which is NOT a recommended action in constructing an Option Evaluation Matrix?

Select criteria
Define scale of improvement required and sensitivity ranges
Set targets
Establish weights for relative importance

Answer(s): C

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QUESTION: 12

Which will be included in the MoV Project Plan?

Identification of suitable candidates to lead and participate in the Studies
Key attributes of a proposed Study
Constraints applicable to a proposed Study
A draft function diagram

Answer(s): A

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QUESTION: 13

Which is a reason why MoV should be applied throughout the Investment Decision?

To minimize the number of points where decisions need to be made
To ensure that information used to make a decision is used only in that decision
To maximize value in the face of evolving requirements
To ensure that reviews such as those conducted under the Gateway Review Process will be positive

Answer(s): C

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QUESTION: 14

How many phases does the MoV Value Engineering Job Plan contain?

Six
Ten
Twelve
Eight

Answer(s): D

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QUESTION: 15

Which statement regarding the Function Analysis Systems Technique is true?

Functions should describe the features of a product rather than what it does
A Primary Basic Function consists of one or more Higher Order Functions
A Primary Basic Function consists of one or more Primary Supporting Functions
Moving from the Higher Order Function to the Primary Basic Function answers the question "How do we do this?"

Answer(s): D

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QUESTION: 16

Which is part of the Information or Analysis phase of the Value Engineering Job Plan?

Presenting recommendations for improving value
Understanding the purpose of the Study
Brainstorming ideas to improve value
Developing Value Improving Proposals

Answer(s): B

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EXIN Management of Value Foundation Exam EX0-006 Dumps in PDF

Free EXIN EX0-006 Real Questions (page: 13)

QUESTION: 9

QUESTION: 10

QUESTION: 11

QUESTION: 12

QUESTION: 13

QUESTION: 14

QUESTION: 15

QUESTION: 16