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VCE
What are the key activities involved in the Processing Information stage?
A. Preparation, facilitation, creativity and innovation
B. Analysis, creativity and innovation, and evaluation and selection
C. Preparation, target-setting, facilitation, and creativity and innovation
D. Selection of team, preparation of Study Handbook, analysis of data, creativity and Innovation
Which is a valid criterion for assessing the return on investment of an MoV Study?
A. Completed on time
B. Delivers a reduction on cost
C. MoV processes being followed
D. Completed within budget
Which statement about applying MoV during the investment decision is true?
A. The focus of effort under MoV throughout the lifecycle of an investment decision is to direct requirements for the stage reached
B. MoV studies should be conducted at all key decision points to check decision making
C. When starting up a project MoV clarifies the information that is available to assist in the development of a more comprehensive business case
D. The focus of effort under MoV throughout the lifecycle of an investment decision should be fixed from the start so that value can be measured consistently at each stage