Online Access Free EX0-006 Practice Test

When formulating MoV Study Plans, which proposition is true?

• A.It is unnecessary to understand what other organizations are doing
• B.Technology developments are uncertain and so the possible impact on value is unknown
• C.Environmental influences present inherent conflicts which can be reconciled through MoV
• D.Legal requirements rarely affect perceptions of value

Which statement regarding a Value Improving Proposal is true?

• A.It is based on detailed analysis of selected ideas or options
• B.It is an idea-generation technique
• C.It provides information to feed into the MoV Policy
• D.It is developed before an Option Evaluation Matrix

Which is a MoV process?

• A.Tailor MoV activity to suit the subject
• B.Learn from experience and improve
• C.Focus on functions and required outcomes
• D.Frame the programme or project

Which is the first phase in the Value Engineering Job Plan?

• A.Development
• B.Creative
• C.Information
• D.Evaluation

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

• A.Define scale of improvement required and sensitivity ranges
• B.Select criteria
• C.Establish weights for relative importance
• D.Set targets