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MCQs

Axelos MOVF : Management of Value Foundation exam Questions, MCQs and Practice Test

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Exam Number : MOVF
Exam Name : Management of Value Foundation
Vendor Name : Axelos
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Total MCQs : Check Questions

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MOVF exam Format | MOVF Course Contents | MOVF Course Outline | MOVF exam Syllabus | MOVF exam Objectives


EXAM CODE: MOVF
EXAM NAME: Management of Value Foundation

40 minutes duration
Closed book
50 multiple-choice questions
50% pass mark

Delegates are introduced to the world of the Management of Value and to the overall structure of MOV.

What is value
What is MoV
Why it is needed
Its place in the Cabinet Office Best Practice Guidance
Its relationship to other management methods
The 7 MoV Principles

MOV operates within a universal set of principles that can be applied to any environment. These seven principles provide the framework of good practice upon which MOV is based and include:

Align with organisation's objectives
Focus on functions and required outcomes
Balance the variables to maximise value
Apply throughout the investment decision
Tailor to suit the subject
Learn from experience and Boost performance
Assign clear roles and responsibilities and build a supportive culture
The 7 MoV Processes

The seven MOV processes provide a clear plan for implementing the outputs and monitoring their effective delivery.

Frame the programme or project
Gather information
Analyse information
Process information
Evaluate and select
Develop Value Improving Proposals
Implement and share outputs
MoV Techniques

This part of the course covers the MoV specific techniques and common techniques that are frequently used with MoV.

Implementing MoV

The implementation, embedding and need for embedding MOV into an organisation is covered here and includes:

Planning MoV activities
Responding to external and internal factor.
Portfolio, Programme, and Project considerations
Operational considerations
Embedding MoV into an organisation
MOV Foundation Exam

All delegates will sit the MoV® Foundation examination, which consists of:

Key exam information:

Throughout the MOV Foundation course, delegates will be exposed to numerous examples of examination questions. They will undertake a number of exercises and 'question-and-answer' sessions that will help consolidate the learning, thereby ensuring that delegates are more than adequately prepared for the final examination.

MOV Practitioner Exam

The purpose of the Practitioner qualification is to confirm that you have achieved sufficient understanding of how to apply and tailor MoV in a scenario situation. The experience of the individual, the level of support available and the complexity of the situation to which MoV is to be applied will be factors that impact what the Practitioner can achieve.

PeopleCert exams take place remotely via PeopleCert Online Proctoring, and the afternoon of the third and last day of your course will continue with your learning until approximately 4.00pm. When booking your exam please ensure that it is for a time after the course has concluded and at a time convenient for you. You will be required to obtain and install ExamShield and conduct a compatibility test prior to sitting the exam.

Objective testing

8 questions per paper with 10 marks available per question - all question items are worth 1 mark, making the total number of marks available per paper 80

Duration 2 ½ hours
Open book exam - only the MOV manual is permitted to be used
50% pass mark



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Retail store owners operate on tight margins, and have many constantly moving parts. This becomes especially difficult to manage efficiently when using manual methods. A point-of-sale system is a great tool to manage all these moving parts while helping to ensure customer satisfaction, but finding the right POS for small business is no easy feat.

POS can help businesses in a variety of ways, including managing inventory, providing customer management data, identifying opportunities and weaknesses in the store and much, much more.

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Embroidery’s Industries can utilize this embroidery management tool in a wide variety of ways which will insure that jobs are scheduled, processed, and delivered on time and with the maximum efficiency. This embroidery management software was developed with your business in mind - whether it be big or small - and can be customized to any unique needs you may have.

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It is a complete enterprise management solution that streamlines clinical, administrative, and financial operations of care delivery organizations, providing unprecedented opportunities for productivity, collaboration, and growth.

Whether your goal is to enhance the value of services to your patients, increase reimbursements, improve the overall efficiency of day-to-day operations, or simply stay ahead of compliance requirements,

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