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 Dec 22, 2024.

Viewing page 1 out of 20 pages.
Viewing questions 1-5 out of 100 questions

Get All 100 Questions & Answers

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

Show Answer

Correct Answer: D

Question No. 2

Why may cost benefit analysis (CBA) be applied when developing a Value Improving Proposal (VIP)?

AIt compares the initial magnitude of cost of an MoV Study with the long term benefits it will deliver

BAll new policies, programmes and projects should be subject to comprehensive but proportionate assessment

CIt is used in conjunction with discounted cash flow to ensure that the lowest cost VIP is always selected

DIt assesses the benefits of implementing a proposal against the risk that the VIP may fail

Show Answer

Correct Answer: B

Question No. 3

Which would normally be recorded in the Study Scope?

AAny restrictions placed on the Study

BA summary of outcomes

CThe method by which ideas are ranked

DValue Profiles and FAST diagrams

Show Answer

Correct Answer: A

Question No. 4

Which statement regarding the delivery of value is true?

ABenefits management focuses on maximizing benefits

BIf used, benefits management should be unrelated to the outputs of a MoV Study

CRewards linked to achievement of value improvements may be used to motivate staff in MoV

DA formal benefits management process must be used to monitor value improvements

Show Answer

Correct Answer: C

Question No. 5

During which MoV process would Stakeholder Analysis first be undertaken?

AAnalyze Information

BDevelop Value Improving Proposals

CEvaluate and Select

DFrame the Programme or Project

Show Answer

Correct Answer: D

Unlock All Questions for PeopleCert MOVF Exam

Full Exam Access, Actual Exam Questions, Validated Answers, Anytime Anywhere, No Download Limits, No Practice Limits

Get All 100 Questions & Answers