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Management of Value Foundation Questions and Answers

Question 1

Which is a benefit of the MoV Study Leader reporting to the Programme Manager?

Options:

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

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Question 2

Which statement regarding the Function Analysis Systems Technique is true?

Options:

A.

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

B.

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

C.

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

D.

Moving from the Higher Order Function to the Primary Basic Function answers the question "How do we do this?"

Question 3

Who should undertake the assessment of value priorities when creating a value profile?

Options:

A.

The project team

B.

Programme owners or Project Sponsors and End Users

C.

The MoV Study Team

D.

Functional experts