Most Recent PeopleCert MOVF Exam Questions & Answers

Prepare for the PeopleCert MoV Foundation - Management of Value Exam exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the PeopleCert MOVF exam and achieve success.

The questions for MOVF were last updated on Nov 22, 2024.

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Question No. 1

What is used to assess whether a particular Value Driver represents good value for money?

AValue index

BCost/benefit analysis

CCost/worth analysis

DCost/function analysis

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Correct Answer: D

Question No. 2

How many types of value mismatches can the Analysis phase of the Value Engineering Job Plan reveal?

AThree

BFour

CFive

DSix

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Correct Answer: B

Question No. 3

Which statement regarding the Function Analysis Systems Technique is true?

AFunctions should describe the features of a product rather than what it does

BA Primary Basic Function consists of one or more Higher Order Functions

CA Primary Basic Function consists of one or more Primary Supporting Functions

DMoving from the Higher Order Function to the Primary Basic Function answers the question 'How do we do this?'

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Correct Answer: D

Question No. 4

Which statement regarding prioritizing value is true?

AA project can be successful even if it delivers only the Value Drivers classed as critical

BPrioritizing value should be based only on financial Value Drivers

CValue Drivers will normally be allocated different levels of importance

DPrioritizing value should be carried out with members of the project team rather than the project's end users

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Correct Answer: C

Question No. 5

Which document, prepared during a MoV Study, includes developed recommendations for improving value in a project?

AMoV Implementation Strategy

BValue Improving Proposal

CMoV Project Plan

DMoV Policy

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Correct Answer: B

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