EXIN EX0-006 Online Practice Questions and Exam Preparation

EXIN EX0-006 Online Questions & Answers

• Question 31:

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

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

• Question 32:

  Which method provides a good checklist for communication during an MoV study?

  A. Brainstorming
  B. Five Ws and an H
  C. Function Analysis
  D. Cost/Worth
  B. Five Ws and an H

• Question 33:

  Which is a benefit of the MoV Study Leader reporting to the Programme Manager?

  A. It enables the Programme Manager to pass valuable lessons learned during one project on to other projects
  B. It eliminates the need for regular meetings of the Senior MoV Practitioner and Study Leaders
  C. It replaces the need to involve the Project Sponsor in MoV Studies who may be busy
  D. It enables the Programme Manager to report to the Senior MoV Practitioner and MoV Board on lessons learned
  A. It enables the Programme Manager to pass valuable lessons learned during one project on to other projects

• Question 34:

  Which is NOT a key element of stakeholder consultation?

  A. Ensuring that all major stakeholders for the project have been identified and engaged
  B. Ensuring that the same stakeholder representatives are involved throughout the project
  C. Ensuring that stakeholders are provided with timely, specific and clear information regarding proposals and their impacts throughout the development process
  D. Ensuring that regular feedback on progress is given
  B. Ensuring that the same stakeholder representatives are involved throughout the project

• Question 35:

  Which approach can hide opportunity for innovation when benchmarking?

  A. Focusing on anomalies, rather than problems in common, identified by benchmarking
  B. Benchmarking exclusively with same type organisation
  C. Benchmarking against a wide pool of organisations whose only feature in common lies in the type of process used
  D. Making any external comparison
  B. Benchmarking exclusively with same type organisation

• Question 36:

  Which will be included in the MoV Project Plan?

  A. Identification of suitable candidates to lead and participate in the Studies
  B. Key attributes of a proposed Study
  C. Constraints applicable to a proposed Study
  D. A draft function diagram
  A. Identification of suitable candidates to lead and participate in the Studies

• Question 37:

  How are Value Drivers used when creating a Value Tree?

  A. The Value Tree is derived from the Value Profile after prioritising the Value Drivers
  B. Value Drivers describe the physical elements of the project in the Value Tree
  C. Primary Value Drivers are linked to statements describing design considerations which in turn are linked to a statement of objectives
  D. Value Drivers are linked (as roots) to a statement of SMART objectives (the tree trunk)
  D. Value Drivers are linked (as roots) to a statement of SMART objectives (the tree trunk)

• Question 38:

  Which is the first phase in the Value Engineering Job Plan?

  A. Evaluation
  B. Information
  C. Creative
  D. Development
  B. Information

• Question 39:

  When should MoV be embedded into an organization using a formal/top-down approach?

  A. The embedding of MoV is required throughout the investment decision.
  B. When the scale of MoV applications become large and frequent.
  C. When organizations anticipate that their MoV needs will be minimal.
  D. When people engaged on other work wish to add MoV to their set of skills.
  B. When the scale of MoV applications become large and frequent.

• Question 40:

  Which is a reason for conducting a health check?

  A. Review the status of MoV in an organization where MoV activities could be improved
  B. Select value-improving proposals for implementation
  C. Develop an Option Evaluation Matrix
  D. Identify MoV study leaders
  A. Review the status of MoV in an organization where MoV activities could be improved