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MOV Foundation
MOVF Free Questions
PeopleCert MOVF Quiz:1 Topic:3 Questions:1-5

Home
PeopleCert
MOV Foundation
MOVF Free Questions
PeopleCert MOVF Quiz:1 Topic:3 Questions:1-5

PeopleCert MOVF Quiz:1 Topic:3 Questions:1-5

Free Practice Mock Questions Set 1-5 (Quiz # 1) for PeopleCert MOVF Exam, according to official PeopleCert MoV Foundation - Management of Value Exam syllabus topic # 3

Question: 1

What is provided by a Value Improving Proposal (VIP)?

AInformation which the decision-makers need in order to decide whether to implement the VIP in full, partially, or not at all

BA detailed record of the existing situation that the VIP is intended to improve, including the functions carried out

CInformation which Senior Management needs in order to implement the VIP

DA detailed implementation plan for each VIP

Answer : A

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Question: 2

Which statement regarding Value Improving Proposals is FALSE?

AA Study can combine multiple Value Improving Proposals to form different scenarios

BA Study may generate multiple Value Improving Proposals with conflicting recommendations

COnly one Value Improving Proposal should be implemented per Study

DA Value Improving Proposal should be tested for sensitivity of estimated costs and benefits

Answer : C

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Question: 3

What is the first step in the MoV Project Plan?

AGather and analyze information

BPrioritize Value Drivers and develop Value Profile

CIdentify the processes to be used

DDefine the study objectives

Answer : D

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Question: 4

When should the Delphi technique be used?

ATo get a range of expert opinions

BTo develop scenarios

CTo generate ideas

DTo build consensus

Answer : D

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Question: 5

Which technique would you use to understand "business as usual"?

ABenchmarking

BWeighting techniques

CMoV health check

DProcess mapping

Answer : D

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