The Remote KVM function will provide redirection of the host system along with the host operating system. One of the possible options is that once you have access to the host system you can use a remote access tool to the virtual machine(s).
You may refer to the http://www.intel.com/support/motherboards/server/sb/CS-032371.htm Intel® Remote Management Module 4 User's Guide.
I would still need to check if there is any IPMI agent for RedHat oVirt*.
I am pretty sure this information is going to be useful for other users. Thanks again for taking the time to share this with us. Your suggestions are always welcome.