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Free MOVF Exam Braindumps (page: 8)

Page 7 of 26
PDF with 100 Questions

When should an organization consider it necessary to establish in-house MoV delivery capability?

  1. When MoV is running only on a project-by-project basis
  2. When the scale of MoV applications becomes large and frequent enough to justify an internal delivery capability
  3. When a third party procurement is running successfully
  4. When it can benefit from more effective use of internal resources by broadening their capabilities

Answer(s): B



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






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