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Free EX0-006 Exam Braindumps
Management of Value Foundation Exam Questions 26–30 (page: 7)

Updated On: 10-Feb-2026
Page 7 of 21
PDF with 99 Questions

Who prepares each Value Improving Proposal?

  1. The MoV Study Leader
  2. The Programme Owner, who assesses relevant value priorities during Value Profiling
  3. The Value Metric Owner
  4. The owner of the relevant idea or scenario allocated during the selection process

Answer(s): D



What is used to assess whether a particular Value Driver represents good value for money?

  1. Value index
  2. Cost/benefit analysis
  3. Cost/worth analysis
  4. Cost/function analysis

Answer(s): D



Which statement regarding a Value Improving Proposal is true?

  1. It provides information to feed into the MoV Policy
  2. It is an idea-generation technique
  3. It is based on detailed analysis of selected ideas or options
  4. It is developed before an Option Evaluation Matrix

Answer(s): C



When would MoV NOT be of use?

  1. When determining the value of a decommissioned asset
  2. During the transition of an asset into the operational environment
  3. When an asset is in the operational environment
  4. During the delivery stage of a project

Answer(s): A



Which statement about MoV Principles is true?

  1. They provide a prescriptive framework for an organization to apply when using MoV
  2. NOT all Principles will apply to all projects
  3. An organization should use the Principles to develop their own policies and processes
  4. They are industry-specific

Answer(s): C



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