Yes, MANEUVERING is a Scrabble word!

Letter values in Scrabble US: M 3, A 1, N 1, E 1, U 1, V 4, E 1, R 1, I 1, N 1, G 2.

Is it a valid word?

MANEUVERING is a valid word in the official Scrabble dictionary (US), the UK Scrabble Dictionary and Words with Friends (ENABLE).

direct the course; determine the direction of travelling
act in order to achieve a certain goal
perform a movement in military or naval tactics in order to secure an advantage in attack or defense

Not playable in Scrabble US: MANOEUVER, CHANNELISE.