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

Free EXIN EX0-006 Real Questions (page: 8)

EX0-006 PDF — 99 Questions

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

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

Answer(s): D



Which is NOT a key element of stakeholder consultation?

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

Answer(s): B



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

  1. Select criteria
  2. Define scale of improvement required and sensitivity ranges
  3. Set targets
  4. Establish weights for relative importance

Answer(s): C



Which will be included in the MoV Project Plan?

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

Answer(s): A



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

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

Answer(s): C



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

  1. Six
  2. Ten
  3. Twelve
  4. Eight

Answer(s): D



Which statement regarding the Function Analysis Systems Technique is true?

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

Answer(s): D



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

  1. Presenting recommendations for improving value
  2. Understanding the purpose of the Study
  3. Brainstorming ideas to improve value
  4. Developing Value Improving Proposals

Answer(s): B



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