EXIN EX0-006 Online Practice Questions and Exam Preparation

EXIN EX0-006 Online Questions & Answers

• Question 51:

  Which is one stage in the approach to MoV implementation?

  A. Understand and articulate value
  B. Tailor MoV activity to suit the subject
  C. Frame the programme or project
  D. Apply MoV throughout the investment decision
  A. Understand and articulate value

• Question 52:

  When should the Delphi technique be used?

  A. To get a range of expert opinions
  B. To develop scenarios
  C. To generate ideas
  D. To build consensus
  D. To build consensus

• Question 53:

  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
  A. The organization's Value Profile

• Question 54:

  How is a function described in Function Analysis in MoV?

  A. Verb only
  B. Adjective and verb
  C. Verb and noun
  D. Adjective and noun
  C. Verb and noun

• Question 55:

  Which statement regarding the Function Analysis Systems Technique is true?

  A. Functions should describe the features of a product rather than what it does
  B. A Primary Basic Function consists of one or more Higher Order Functions
  C. A Primary Basic Function consists of one or more Primary Supporting Functions
  D. Moving from the Higher Order Function to the Primary Basic Function answers the question "How do we do this?"
  D. Moving from the Higher Order Function to the Primary Basic Function answers the question "How do we do this?"

• Question 56:

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

  A. Value index
  B. Cost/benefit analysis
  C. Cost/worth analysis
  D. Cost/function analysis
  D. Cost/function analysis

• Question 57:

  What is provided by a Value Improving Proposal (VIP)?

  A. Information which the decision-makers need in order to decide whether to implement the VIP in full, partially, or not at all
  B. A detailed record of the existing situation that the VIP is intended to improve, including the functions carried out
  C. Information which Senior Management needs in order to implement the VIP
  D. A detailed implementation plan for each VIP
  A. Information which the decision-makers need in order to decide whether to implement the VIP in full, partially, or not at all

• Question 58:

  Which technique focuses on underlying issues, rather than solving specific problems?

  A. Root Cause Analysis
  B. Soft Systems Methodology
  C. Value Profiling
  D. Cost Function Analysis
  A. Root Cause Analysis

• Question 59:

  What is the worth of a Function?

  A. Its relative importance
  B. The current cost of performing it
  C. The lowest cost at which it could be performed
  D. Its objective
  C. The lowest cost at which it could be performed

• Question 60:

  Which of the following cost types would be considered in calculating discounted cash flow?

  1.

  Capital or one off costs

  2.

  Periodic maintenance costs

  3.

  Regular operational costs

  4.

  Opportunity costs

  A. 1,2,3
  B. 1,2,4
  C. 1,3,4
  D. 2,3,4
  A. 1,2,3