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

The official Management of Value (MoV) guidance provides evidence of its effectiveness from various sectors. Specifically for government applications, it cites a report from the US Office of Management and Budget (OMB). This report documented that US federal departments applying value-improving approaches have demonstrated returns on investment (ROI) that range from 34:1 to over 300:1. This entire range is significantly "more than 30 to 1," confirming the substantial financial benefits achieved through the structured application of value management in the US public sector.

A. Less than 10 to 1: This is incorrect. The documented evidence shows the lowest ROI in the range is 34:1, which is substantially higher.

B. Less than 20 to 1: This is incorrect. The reported ROI starts at 34:1, well above the 20:1 threshold.

C. Less than 30 to 1: This is incorrect. The evidence explicitly states the ROI range begins at 34:1, which is greater than 30:1.

1. AXELOS. (2010). Management of Value. The Stationery Office (TSO). Chapter 1, Section 1.4.1, 'Evidence from government', Page 6. (This section states: "In the USA, the Office of Management and Budget (OMB) has reported that federal departments have demonstrated returns on investment ranging from 34:1 to over 300:1 as a result of the application of value-improving approaches.")