EXIN EXIN Certifications EX0-006 Questions & Answers

• Question 71:

  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 72:

  On a FAST diagram, where would you expect to find functions with the lowest level of abstraction?

  A. On the far right of the diagram

  B. On the far left of the diagram

  C. At the bottom of the diagram

  D. Anywhere - there is no relationship between level of abstraction and location on the diagram

  Correct Answer: A

• Question 73:

  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

  Correct Answer: A

• Question 74:

  In which situation should caution be used in deciding whether to apply MoV?

  A. IT projects

  B. Products and services with a high value score

  C. Policy-making

  D. Lobbying for support

  Correct Answer: B

• Question 75:

  When should MoV be embedded into an organization using a formal/top-down approach?

  A. The embedding of MoV is required throughout the investment decision.

  B. When the scale of MoV applications become large and frequent.

  C. When organizations anticipate that their MoV needs will be minimal.

  D. When people engaged on other work wish to add MoV to their set of skills.

  Correct Answer: B

• Question 76:

  What is the worth of a Function?

  A. Its relative importance

  B. The current cost of performing it

  C. The lowest cost at which it could be performed

  D. Its objective

  Correct Answer: C

• Question 77:

  Which is a requirement for embedding MoV in an organization?

  A. A separate level of management which is set up to focus on MoV activities

  B. Support from senior managers

  C. A Senior MoV Practitioner who is part of the MoV Board

  D. An MoV Study Leader who is appointed as part of each project team

  Correct Answer: B

• Question 78:

  Who prepares each Value Improving Proposal?

  A. The MoV Study Leader

  B. The Programme Owner, who assesses relevant value priorities during Value Profiling

  C. The Value Metric Owner

  D. The owner of the relevant idea or scenario allocated during the selection process

  Correct Answer: D

• Question 79:

  What is the purpose of Function Analysis?

  A. To analyze what things do

  B. To analyze what things are

  C. To define how to produce things

  D. To define how much things cost to produce

  Correct Answer: A

• Question 80:

  Which statement about MoV is true?

  A. It supports decision-making based on minimizing value for money

  B. It encourages innovation outside of an organization's goals

  C. It facilitates optimal balance between investment and long-term operating expenditure

  D. It removes resources from consideration when reviewing organizational needs

  Correct Answer: C