EXIN MOVF Actual Free Exam Questions & Community Discussion

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

Exam Questions: 100
Updated On: May 26, 2026

Question #21

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 #22

When would MoV NOT be of use?

A. During the transition of an asset into the operational environment

B. When determining the value of a decommissioned asset

C. When an asset is in the operational environment

D. During the delivery stage of a project

Discussion 0

Correct Answer: B Vote an answer

Question #23

Which statement about applying mind showering in MoV is true?

A. Uses the cost model as a guide to focus on idea generation

B. Focuses on idea quality NOT quantity

C. Discourages foolish ideas

D. Ensures that all ideas are made visible

Discussion 0

Correct Answer: D Vote an answer

Question #24

Which is a fundamental question that Value Management is intended to address?

A. Are we maximizing our investments at an affordable cost by removing risk?

B. Are we maximizing our investments based on all stakeholder requirements?

C. Are we maximizing our investments at an affordable cost with a known and acceptable level of risk?

D. Are we maximizing our investments by focussing on minimizing costs?

Discussion 0

Correct Answer: C Vote an answer

Question #25

Why should MoV align with an organisation's objectives?

A. To meet stakeholder expectations

B. To maximise benefits arising from the project

C. To minimise the costs of delivering the project

D. To avoid maximising value within one project that could diminish value across the wider programme

Discussion 0

Correct Answer: D Vote an answer

Question #26

Which is an MoV Principle?

A. Prioritize value

B. Process information

C. Understand and articulate value

D. Focus on functions and required outcomes

Discussion 0

Correct Answer: D Vote an answer

Question #27

Which statement regarding prioritizing value is true?

A. Prioritizing value should be based only on financial Value Drivers

B. Prioritizing value should be carried out with members of the project team rather than the project's end users

C. A project can be successful even if it delivers only the Value Drivers classed as critical

D. Value Drivers will normally be allocated different levels of importance

Discussion 0

Correct Answer: D Vote an answer

Question #28

Which of the following cost types would be considered in calculating discounted cash flow?
1.Capital or one off costs
2.Periodic maintenance costs
3.Regular operational costs
4.Opportunity costs

A. 2,3, 4

B. 1, 2, 4

C. 1, 3, 4

D. 1, 2, 3

Discussion 0

Correct Answer: D Vote an answer

Question #29

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 #30

How are Value Drivers used when creating a Value Tree?

A. The Value Tree is derived from the Value Profile after prioritising the Value Drivers

B. Value Drivers are linked (as roots) to a statement of SMART objectives (the tree trunk)

C. Value Drivers describe the physical elements of the project in the Value Tree

D. Primary Value Drivers are linked to statements describing design considerations which in turn are linked to a statement of objectives

Discussion 0

Correct Answer: B Vote an answer

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