EXIN EX0-006 Actual Free Exam Questions & Community Discussion

Exam Code/Number: EX0-006
Exam Name/Title: Management of Value® Foundation
Certification Provider: EXIN
Corresponding Certification: MoV

Exam Questions: 100
Updated On: May 29, 2026

Question #41

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

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

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

C. When a third party procurement is running successfully

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

Discussion 0

Correct Answer: A Vote an answer

Question #42

Why is Value Engineering (VE) applied?

A. VE produces value improving proposals which will be implemented by the project team

B. VE primarily aims to assess value for money in an existing design or set of circumstances

C. VE improves value by balancing function and cost whilst trading off time and quality

D. VE primarily aims to bring all the key stakeholders together to reduce project costs

Discussion 0

Correct Answer: A Vote an answer

Question #43

Which three criteria explain why the MoV individual competence model is useful to an organisation?
1.To assess an individual's capabilities and the type of MoV study for which they are suited.
2.To recognise that a fully but recently qualified practitioner will lack the experience to undertake studies on particularly complex projects.
3.To enable recently qualified practitioners to learn to undertake MoV where human and cultural factors may be significant.
4.To allow recently qualified practitioners to undertake studies on particularly complex projects.

A. 1,3,4

B. 1,2,4

C. 1, 2, 3

D. 2,3,4

Discussion 0

Correct Answer: C Vote an answer

Question #44

How is cost benefit analysis applied during an MoV Study?

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

B. It is used to assess the Value Index

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

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 #45

Which statement regarding the delivery of value is true?

A. Rewards linked to achievement of value improvements may be used to motivate staff in MoV

B. Benefits management focuses on maximizing benefits

C. A formal benefits management process must be used to monitor value improvements

D. If used, benefits management should be unrelated to the outputs of a MoV Study

Discussion 0

Correct Answer: A Vote an answer

Question #46

What is obligatory in MoV?

A. One core requirement to embed MoV across the organisation

B. Two function analysis techniques which must be applied

C. Eight main groups of processes which are described in detail

D. Seven principles which are obligatory for good practice

Discussion 0

Correct Answer: D Vote an answer

Question #47

Which statement about MoV Principles is true?

A. NOT all Principles will apply to all projects

B. They provide a prescriptive framework for an organization to apply when using MoV

C. They are industry-specific

D. An organization should use the Principles to develop their own policies and processes

Discussion 0

Correct Answer: D Vote an answer

Question #48

Why is it essential to manage value deliberately?

A. Value can only be realized when focusing on minimizing cost

B. A consistent process, rigidly applied is essential to realize value

C. Value can only be realized if there is a focus on needs rather than desires

D. Value is subjective and without a deliberate approach will NOT be fully realised

Discussion 0

Correct Answer: D Vote an answer

Question #49

Which is a key component of the Evaluate and Select process?

A. Resource analysis

B. Team selection

C. Idea selection

D. Initial briefing meeting

Discussion 0

Correct Answer: C Vote an answer

Question #50

What is the purpose of Function Analysis?

A. To analyze what things are

B. To define how to produce things

C. To analyze what things do

D. To define how much things cost to produce

Discussion 0

Correct Answer: C Vote an answer

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