EXIN EX0-006 Online Practice Questions and Exam Preparation

EXIN EX0-006 Online Questions & Answers

• Question 71:

  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
  D. A risk and sensitivity analysis of proposals

• Question 72:

  What is obligatory in MoV?

  A. Seven principles which are obligatory for good practice
  B. Eight main groups of processes which are described in detail
  C. One core requirement to embed MoV across the organisation
  D. Two function analysis techniques which must be applied
  A. Seven principles which are obligatory for good practice

• Question 73:

  Which statement about MoV Principles is true?

  A. They provide a prescriptive framework for an organization to apply when using MoV
  B. NOT all Principles will apply to all projects
  C. An organization should use the Principles to develop their own policies and processes
  D. They are industry-specific
  C. An organization should use the Principles to develop their own policies and processes

• Question 74:

  Who should undertake the assessment of value priorities when creating a value profile?

  A. The project team
  B. Programme owners or Project Sponsors and End Users
  C. The MoV Study Team
  D. Functional experts
  B. Programme owners or Project Sponsors and End Users

• Question 75:

  Which is the main Study Output from the Start Up or Inception stage of a project?

  A. Information to clarify a viable Brief
  B. Functional definition of project
  C. Information to improve the Business Case
  D. Maximized value
  C. Information to improve the Business Case

• Question 76:

  Which is a valid criterion for assessing the return on investment of an MoV Study?

  A. Completed on time
  B. Delivers a reduction on cost
  C. MoV processes being followed
  D. Completed within budget
  B. Delivers a reduction on cost

• Question 77:

  Which is a requirement for embedding MoV in an organization?

  A. A separate level of management which is set up to focus on MoV activities
  B. Support from senior managers
  C. A Senior MoV Practitioner who is part of the MoV Board
  D. An MoV Study Leader who is appointed as part of each project team
  B. Support from senior managers

• Question 78:

  Which is a reason why MoV should be applied throughout the Investment Decision?

  A. To minimize the number of points where decisions need to be made
  B. To ensure that information used to make a decision is used only in that decision
  C. To maximize value in the face of evolving requirements
  D. To ensure that reviews such as those conducted under the Gateway Review Process will be positive
  C. To maximize value in the face of evolving requirements

• Question 79:

  How many types of value mismatches can the Analysis phase of the Value Engineering Job Plan reveal?

  A. Three
  B. Four
  C. Five
  D. Six
  B. Four

• Question 80:

  What are the key activities involved in the Processing Information stage?

  A. Preparation, facilitation, creativity and innovation
  B. Analysis, creativity and innovation, and evaluation and selection
  C. Preparation, target-setting, facilitation, and creativity and innovation
  D. Selection of team, preparation of Study Handbook, analysis of data, creativity and Innovation
  A. Preparation, facilitation, creativity and innovation