Weekend Sale 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: save70

Note! Following MOVF Exam is Retired now. Please select the alternative replacement for your Exam Certification.

Verified By IT Certified Experts

CertsTopics.com Certified Safe Files

Up-To-Date Exam Study Material

99.5% High Success Pass Rate

100% Accurate Answers

Instant Downloads

Exam Questions And Answers PDF

Try Demo Before You Buy

Certification Exams with Helpful Questions And Answers

Management of Value Foundation Questions and Answers

Question 1

Which is a fundamental question that Value Management is intended to address?

Options:

A.

Are we maximizing our investments at an affordable cost by removing risk?

B.

Are we maximizing our investments by focussing on minimizing costs?

C.

Are we maximizing our investments at an affordable cost with a known and acceptable level of risk?

D.

Are we maximizing our investments based on all stakeholder requirements?

Buy Now
Question 2

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

Options:

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

Question 3

Which statement about applying MoV during the investment decision is true?

Options:

A.

The focus of effort under MoV throughout the lifecycle of an investment decision is to direct requirements for the stage reached

B.

MoV studies should be conducted at all key decision points to check decision making

C.

When starting up a project MoV clarifies the information that is available to assist in the development of a more comprehensive business case

D.

The focus of effort under MoV throughout the lifecycle of an investment decision should be fixed from the start so that value can be measured consistently at each stage