Question 1

Which should determine the focus for a creativity session?

ACost analysis

BFunction cost analysis

CIndividuals should be free and encouraged to determine their own focus

DInadequate performance

Answer : B

Question 2

Which is a MoV process?

ALearn from experience and improve

BTailor MoV activity to suit the subject

CFrame the programme or project

DFocus on functions and required outcomes

Answer : C

Question 3

Why is Value Engineering (VE) applied?

AVE improves value by balancing function and cost whilst trading off time and quality

BVE primarily aims to bring all the key stakeholders together to reduce project costs

CVE primarily aims to assess value for money in an existing design or set of circumstances

DVE produces value improving proposals which will be implemented by the project team

Answer : D

Question 4

Which describes the range of return on investment that has been demonstrated by US Government departments as a result of the application of MoV approaches?

ALess than 10 to 1

BLess than 20 to 1

CLess than 30 to 1

DMore than 30 to 1

Answer : D

Question 5

Which is a true statement describing the brainstorming technique?

AGenerates a large volume of ideas in a short timeframe

BFocuses on eliminating ideas which may be unsuitable

CAnalyses in detail a small number of options

DEnables team members to raise ideas anonymously

Answer : A

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