Exin MOVF Management of Value Foundation EX0-006 Set 1

Identification of suitable candidates to lead and participate in the Studies ✘ Key attributes of a proposed Study ✘ Constraints applicable to a proposed Study ✘ A draft function diagram ✔

To minimize the number of points where decisions need to be made ✘ To ensure that information used to make a decision is used only in that decision ✘ To maximize value in the face of evolving requirements ✘ To ensure that reviews such as those conducted under the Gateway Review Process will be positive ✔

Six ✘ Ten ✘ Twelve ✘ Eight ✔

Functions should describe the features of a product rather than what it does ✘ A Primary Basic Function consists of one or more Higher Order Functions ✘ A Primary Basic Function consists of one or more Primary Supporting Functions ✘ Moving from the Higher Order Function to the Primary Basic Function answers the question "How do we do this?" ✔

Presenting recommendations for improving value ✘ Understanding the purpose of the Study ✘ Brainstorming ideas to improve value ✘ Developing Value Improving Proposals ✔

All processes will be used at all stages in a project lifecycle ✘ MoV activities change as a project evolves from inception to use ✘ They are only applicable to project environments ✘ They are most applicable at the inception stage of a project ✔

Preparation, facilitation, creativity and innovation ✘ Analysis, creativity and innovation, and evaluation and selection ✘ Preparation, target-setting, facilitation, and creativity and innovation ✘ Selection of team, preparation of Study Handbook, analysis of data, creativity and Innovation ✔

Design solutions ✘ Design Considerations ✘ Project goals ✘ Value Metrics ✔

Initial briefing meeting ✘ Team selection ✘ Resource analysis ✘ Idea selection ✔

Information which the decision-makers need in order to decide whether to implement the VIP in full, partially, or not at all ✘ A detailed record of the existing situation that the VIP is intended to improve, including the functions carried out ✘ Information which Senior Management needs in order to implement the VIP ✘ A detailed implementation plan for each VIP ✔