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MOVF Exam Questions & Answers

Exam Code: MOVF

Exam Name: Management of Value? Foundation

Updated: Dec 17, 2024

Q&As: 99

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Practice These Free Questions and Answers to Pass the Other Exin Exam

Questions 1

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

Show Answer
Questions 2

When formulating MoV Study Plans, which proposition is true?

A. Environmental influences present inherent conflicts which can be reconciled through MoV

B. Legal requirements rarely affect perceptions of value

C. Technology developments are uncertain and so the possible impact on value is unknown

D. It is unnecessary to understand what other organizations are doing

Show Answer
Questions 3

Which describes the range of return on investment that has been demonstrated by US Government departments as a result of the application of MoV approaches?

A. Less than 10 to 1

B. Less than 20 to 1

C. Less than 30 to 1

D. More than 30 to 1

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Questions 4

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

A. Evaluation

B. Information

C. Creative

D. Development

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Questions 5

Which would normally be recorded in the Study Scope?

A. Any restrictions placed on the Study

B. A summary of outcomes

C. The method by which ideas are ranked

D. Value Profiles and FAST diagrams

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