EXIN EX0-006 Online Practice Questions and Exam Preparation

EXIN EX0-006 Online Questions & Answers

• Question 81:

  Which is part of the Follow-up phase of the Value Engineering Job Plan?

  A. Presenting recommendations for improving value
  B. Monitoring progress of the implementation plan
  C. Agreeing the implementation plan
  D. Developing Value Improving Proposals
  B. Monitoring progress of the implementation plan

• Question 82:

  Which is an alternative term for Value Engineering?

  A. Value Score
  B. Value Profile
  C. Value Driver
  D. Value Analysis
  D. Value Analysis

• Question 83:

  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
  D. Ensures that all ideas are made visible

• Question 84:

  Which is NOT a reason why it becomes more difficult to implement changes identified by a MoV Study as a project progresses?

  A. Sunk costs increase as a project progresses
  B. Project team members gain increased ownership of their work
  C. Resistance to change increases
  D. Project objectives are less clear
  D. Project objectives are less clear

• Question 85:

  Value mismatches are identified in which phase of the Value Engineering Job Plan?

  A. Creativity
  B. Value Definition
  C. Analysis
  D. Development
  C. Analysis

• Question 86:

  Why is Value Engineering (VE) applied?

  A. VE improves value by balancing function and cost whilst trading off time and quality
  B. VE primarily aims to bring all the key stakeholders together to reduce project costs
  C. VE primarily aims to assess value for money in an existing design or set of circumstances
  D. VE produces value improving proposals which will be implemented by the project team
  D. VE produces value improving proposals which will be implemented by the project team

• Question 87:

  Which statement about a decision building meeting is true?

  A. It should be chaired by the senior responsible owner.
  B. The owner, responsible for implementation, has already been determined by the MoV team before the meeting.
  C. Decisions from the meeting should form the basis of the proposal implementation plan
  D. Attendees should be limited to the senior responsible person, project manager and project sponsor
  C. Decisions from the meeting should form the basis of the proposal implementation plan

• Question 88:

  Which describes the brainstorming technique?

  A. It generates ideas of variable merit for value improving proposals
  B. It eliminates foolish ideas during creative thinking
  C. It eliminates bias when evaluating ideas
  D. It is used after mind showering to generate fresh ideas for value improving proposals
  A. It generates ideas of variable merit for value improving proposals

• Question 89:

  Which is a key component of the Frame the Programme or Project process?

  A. Initial briefing meeting
  B. Team selection
  C. Resource analysis
  D. Idea selection
  A. Initial briefing meeting

• Question 90:

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