Free EXIN MOVF Practice Test & Real Exam Questions

Exam Code/Number: MOVF
Exam Name/Title: Management of Value® Foundation
Certification Provider: EXIN
Corresponding Certification: MoV

Exam Questions: 100
Updated On: Sep 26, 2026

Question #1

What should reflect the value drivers in the value cascade?

A. Value Metrics

B. Design solutions

C. Project goals

D. Design Considerations

Discussion 0

Correct Answer: D Vote an answer

Question #2

When should an organization consider it necessary to fully embed MoV?

A. The organization anticipates that their MoV needs will be minimal and external resource can be procured on an 'as-needed' basis

B. Senior Management ask to be convinced of the merits of MoV before committing to the process

C. MoV is running only on a project-by-project basis

D. The scale of MoV applications become large and frequent enough to justify an internal delivery capability

Discussion 0

Correct Answer: D Vote an answer

Question #3

Which is NOT a key element of stakeholder consultation?

A. Ensuring that the same stakeholder representatives are involved throughout the project

B. Ensuring that stakeholders are provided with timely, specific and clear information regarding proposals and their impacts throughout the development process

C. Ensuring that regular feedback on progress is given

D. Ensuring that all major stakeholders for the project have been identified and engaged

Discussion 0

Correct Answer: A Vote an answer

Question #4

How is cost benefit analysis applied during an MoV Study?

A. It creates a focus on comparison of the benefits that MoV could deliver over the long term with the cost of a MoV Study

B. It is used to establish discounted cash flow for Value Improving Proposals

C. It is used to assess the Value Index

D. In Studies of process or procedure, it can be combined with many other tools, e.g. process-mapping and option selection

Discussion 0

Correct Answer: D Vote an answer

Question #5

When should an organization consider it necessary to establish in-house MoV delivery capability?

A. When MoV is running only on a project-by-project basis

B. When the scale of MoV applications becomes large and frequent enough to justify an internal delivery capability

C. When it can benefit from more effective use of internal resources by broadening their capabilities

D. When a third party procurement is running successfully

Discussion 0

Correct Answer: B Vote an answer

Question #6

Which is true of MoV?

A. Compliance with MoV processes is a good measure of added value

B. Value Improving Proposal

C. It is better suited to the private rather than the public sector

D. It is an informal approach to maximizing value

Discussion 0

Correct Answer: B Vote an answer

Question #7

Which would normally be recorded in the Study Scope?

A. The method by which ideas are ranked

B. Value Profiles and FAST diagrams

C. A summary of outcomes

D. Any restrictions placed on the Study

Discussion 0

Correct Answer: D Vote an answer

Question #8

Which method provides a good checklist for communication during an MoV study?

A. Cost/Worth

B. Function Analysis

C. Brainstorming

D. Five Ws and an H

Discussion 0

Correct Answer: D Vote an answer

Question #9

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

A. Cost/benefit analysis

B. Cost/worth analysis

C. Value index

D. Cost/function analysis

Discussion 0

Correct Answer: D Vote an answer

Question #10

Which is NOT an area where it is necessary to strike a balance in order to maximize value?

A. Balancing the overall benefits realized against the use of resources

B. Balancing the use of resources to reflect their availability and the organization's priorities

C. Balancing capital and operating costs

D. Reconciling the needs and views of different stakeholders

Discussion 0

Correct Answer: C Vote an answer

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