EXIN MoV EX0-006 Questions & Answers

• Question 21:

  Which document, prepared during a MoV Study, includes developed recommendations for improving value in a project?

  A. MoV Implementation Strategy

  B. Value Improving Proposal

  C. MoV Project Plan

  D. MoV Policy

  Correct Answer: B

• Question 22:

  Which is a purpose of the Align with Organisational Objectives Principle?

  A. To minimize the risk that maximizing value within one project could diminish value across the wider programme

  B. To ensure that evolving requirements are considered throughout the project

  C. To take up lessons learned from previous experience in order to avoid repetition of past mistakes

  D. To ensure that there is adequate governance in place to support and deliver MoV

  Correct Answer: A

• Question 23:

  Which describes a purpose of the MoV Study Handbook?

  A. It allows Senior Managers to objectively review proposals to determine which should be

  B. implemented

  C. It ensures that the Study Team are all working from the same level of information

  D. It assigns Proposal Owners to all development proposals

  E. It helps to ensure that the requirements of the Project Sponsors and end users are aligned

  Correct Answer: B

• Question 24:

  Which technique would you use to understand "business as usual"?

  A. Benchmarking

  B. Weighting techniques

  C. MoV health check

  D. Process mapping

  Correct Answer: D

• Question 25:

  Which statement about applying mind showering in MoV is true?

  A. Uses the cost model as a guide to focus on idea generation

  B. Discourages foolish ideas

  C. Focuses on idea quality NOT quantity

  D. Ensures that all ideas are made visible

  Correct Answer: D

• Question 26:

  In order to understand an organization's culture, which would be MOST HELPFUL for a MoV Study Leader to understand?

  A. The organization's Value Profile

  B. What the organization does

  C. The organization's jargon

  D. The organization's business priorities

  Correct Answer: A

• Question 27:

  When should an organization consider it necessary to fully embed MoV?

  A. MoV is running only on a project-by-project basis

  B. The scale of MoV applications become large and frequent enough to justify an internal delivery capability

  C. The organization anticipates that their MoV needs will be minimal and external resource can be procured on an 'as-needed' basis

  D. Senior Management ask to be convinced of the merits of MoV before committing to the process

  Correct Answer: B

• Question 28:

  Which is a true statement about the Value Index?

  A. It is a measure of how well the project, in its current state of development, satisfies the project objectives

  B. It measures value for money

  C. It is based on non-financial criteria

  D. It should only be changed if business needs change

  Correct Answer: A

• Question 29:

  Which is the main reason that an MoV Project Plan needs to be reviewed when the Business Case changes?

  A. To maintain business profitability

  B. To ensure that the choice of team members is still appropriate

  C. To ensure selected tools and techniques are still appropriate

  D. To ensure that the Value Profile reflects the changed needs of the business

  Correct Answer: D

• Question 30:

  Which would you NOT expect to see in a Proposal Implementation Plan?

  A. A list of proposal owners

  B. The timescale for the inclusion of proposals

  C. A mechanism for review should progress fall below expectations

  D. A risk and sensitivity analysis of proposals

  Correct Answer: D