Online Access Free EX0-006 Exam Questions

Which is true of MoV?

• A.It is better suited to the private rather than the public sector
• B.Compliance with MoV processes is a good measure of added value
• C.It is an informal approach to maximizing value
• D.Value Improving Proposal

Which approach can hide opportunity for innovation when benchmarking?

• A.Benchmarking against a wide pool of organisations whose only feature in common lies in the type of process used
• B.Benchmarking exclusively with same type organisation
• C.Making any external comparison
• D.Focusing on anomalies, rather than problems in common, identified by benchmarking

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

Which is one of the three main areas where it is necessary to strike a balance to maximise value?

• A.Meeting every stakeholder's initial expectations
• B.Redistributing resources across different value drivers
• C.Controlling costs in line with programme and project objectives
• D.Identifying benefits in line with programme and project objectives

Which statement about applying mind showering in MoV is true?

• A.Uses the cost model as a guide to focus on idea generation
• B.Ensures that all ideas are made visible
• C.Discourages foolish ideas
• D.Focuses on idea quality NOT quantity