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Free EX0-006 Exam Braindumps
Management of Value Foundation Exam Questions 6–10 (page: 3)

Updated On: 10-Feb-2026
Page 3 of 21
PDF with 99 Questions

What are potential options usually evaluated against?

  1. Value Drivers
  2. Value Improving Proposals
  3. MoV Study Handbook
  4. MoV Project Plan

Answer(s): A



Which is NOT an area where it is necessary to strike a balance in order to maximize value?

  1. Reconciling the needs and views of different stakeholders
  2. Balancing capital and operating costs
  3. Balancing the use of resources to reflect their availability and the organization's priorities
  4. Balancing the overall benefits realized against the use of resources

Answer(s): B



Which is true of MoV?

  1. It is better suited to the private rather than the public sector
  2. It is an informal approach to maximizing value
  3. Compliance with MoV processes is a good measure of added value
  4. Value Improving Proposal

Answer(s): D



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



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