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EXIN MOVF Exam
Management of Value Foundation (Page 5 )

Updated On: 7-Feb-2026
Page 4 of 21
PDF with 100 Questions

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






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