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Free EX0-006 Exam Braindumps
Management of Value Foundation Exam Questions 41–45 (page: 10)

Updated On: 10-Feb-2026
Page 10 of 21
PDF with 99 Questions

Which would be undertaken in the Process Information process?

  1. Collating information gathered to date and documenting any analysis already conducted
  2. Meeting with key stakeholders to gain consensus on MoV Study objectives
  3. Deciding to implement part of a Value Improving Proposal
  4. Reviewing cost estimates to check for double counting

Answer(s): A



Which is a requirement for embedding MoV in an organization?

  1. A separate level of management which is set up to focus on MoV activities
  2. Support from senior managers
  3. A Senior MoV Practitioner who is part of the MoV Board
  4. An MoV Study Leader who is appointed as part of each project team

Answer(s): B



What is the first step in the MoV Project Plan?

  1. Gather and analyze information
  2. Prioritize Value Drivers and develop Value Profile
  3. Identify the processes to be used
  4. Define the study objectives

Answer(s): D



Which statement regarding prioritizing value is true?

  1. A project can be successful even if it delivers only the Value Drivers classed as critical
  2. Prioritizing value should be based only on financial Value Drivers
  3. Value Drivers will normally be allocated different levels of importance
  4. Prioritizing value should be carried out with members of the project team rather than the project's end users

Answer(s): C



Which is NOT a purpose of the Decision Building meeting when Developing Value Improving Proposals?

  1. To enable owners of Value Improving Proposals to present their suggestions to a panel of senior managers
  2. To discuss the findings of each Value Improving Proposal and agree whether or not it should be implemented in whole or in part
  3. To allocate an owner who is responsible for the implementation of each of the Value Improving Proposals selected
  4. To supply project managers with details of how and when Value Improving Proposals will be implemented and the expected value improvements (or benefits)

Answer(s): D



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