EXIN EXIN Certifications MOVF Questions & Answers

• Question 81:

  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

  Correct Answer: A

• Question 82:

  What should reflect the value drivers in the value cascade?

  A. Design solutions

  B. Design Considerations

  C. Project goals

  D. Value Metrics

  Correct Answer: B

• Question 83:

  Which statement regarding the MoV processes is true?

  A. All processes will be used at all stages in a project lifecycle

  B. MoV activities change as a project evolves from inception to use

  C. They are only applicable to project environments

  D. They are most applicable at the inception stage of a project

  Correct Answer: B

• Question 84:

  Which is part of the Information or Analysis phase of the Value Engineering Job Plan?

  A. Presenting recommendations for improving value

  B. Understanding the purpose of the Study

  C. Brainstorming ideas to improve value

  D. Developing Value Improving Proposals

  Correct Answer: B

• Question 85:

  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?"

  Correct Answer: D

• Question 86:

  How many phases does the MoV Value Engineering Job Plan contain?

  A. Six

  B. Ten

  C. Twelve

  D. Eight

  Correct Answer: D

• Question 87:

  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

  Correct Answer: C

• Question 88:

  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

  Correct Answer: A

• Question 89:

  Which is NOT a recommended action in constructing an Option Evaluation Matrix?

  A. Select criteria

  B. Define scale of improvement required and sensitivity ranges

  C. Set targets

  D. Establish weights for relative importance

  Correct Answer: C

• Question 90:

  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

  Correct Answer: B