PeopleCert MOVF Exam Practice Test Instant Access

Question 1

What is the principal output from allocation to categories and the idea selection matrix?

AA list of rejected ideas

BA list of ideas or options that should be developed further

CPlans to develop selected ideas into value improving proposals

DApproved value improving proposals

Answer : B

Question 2

Which is part of the Follow-up phase of the Value Engineering Job Plan?

APresenting recommendations for improving value

BMonitoring progress of the implementation plan

CAgreeing the implementation plan

DDeveloping Value Improving Proposals

Answer : B

Question 3

Which would normally be recorded in the Study Scope?

AAny restrictions placed on the Study

BA summary of outcomes

CThe method by which ideas are ranked

DValue Profiles and FAST diagrams

Answer : A

Question 4

Which is a purpose of the Align with Organisational Objectives Principle?

ATo minimize the risk that maximizing value within one project could diminish value across the wider programme

BTo ensure that evolving requirements are considered throughout the project

CTo take up lessons learned from previous experience in order to avoid repetition of past mistakes

DTo ensure that there is adequate governance in place to support and deliver MoV

Answer : A

Question 5

In order to understand an organization's culture, which would be MOST HELPFUL for a MoV Study Leader to understand?

AThe organization's Value Profile

BWhat the organization does

CThe organization's jargon

DThe organization's business priorities

Answer : A

Question 6

Which approach can hide opportunity for innovation when benchmarking?

AFocusing on anomalies, rather than problems in common, identified by benchmarking

BBenchmarking exclusively with same type organisation

CBenchmarking against a wide pool of organisations whose only feature in common lies in the type of process used

DMaking any external comparison

Answer : B

Question 7

Which technique focuses on underlying issues, rather than solving specific problems?

ARoot Cause Analysis

BSoft Systems Methodology

CValue Profiling

DCost Function Analysis

Answer : A

PeopleCert MOVF MoV Foundation - Management of Value Exam Practice Test