Online Access Free MOVF Practice Test

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

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

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

• 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

Which is a requirement for embedding MoV in an organization?

• A.A Senior MoV Practitioner who is part of the MoV Board
• B.Support from senior managers
• C.A separate level of management which is set up to focus on MoV activities
• D.An MoV Study Leader who is appointed as part of each project team

What is the principal output from allocation to categories and the idea selection matrix?

• A.A list of ideas or options that should be developed further
• B.Plans to develop selected ideas into value improving proposals
• C.Approved value improving proposals
• D.A list of rejected ideas

Which would be undertaken in the Process Information process?

• A.Deciding to implement part of a Value Improving Proposal
• B.Meeting with key stakeholders to gain consensus on MoV Study objectives
• C.Collating information gathered to date and documenting any analysis already conducted
• D.Reviewing cost estimates to check for double counting