EXAM IAM-CERTIFICATE PREVIEW, FREE IAM-CERTIFICATE BRAINDUMPS

Exam IAM-Certificate Preview, Free IAM-Certificate Braindumps

Exam IAM-Certificate Preview, Free IAM-Certificate Braindumps

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IAM The Institute of Asset Management Certificate Sample Questions (Q17-Q22):

NEW QUESTION # 17
The purpose of an Asset Information Strategy is to:

  • A. Collate the standards which define the collection, storage and use of asset information
  • B. Provide the overall framework and plan for asset information which will deliver the organisation's asset information requirements
  • C. Calculating the lowest cost options for the entire commercial life of a building
  • D. Specify the requirements for procuring the organisation's asset information system

Answer: A


NEW QUESTION # 18
Which of the following is NOT normally an input to an asset management plan?

  • A. Asset knowledge
  • B. Organizational objectives
  • C. Maintenance schedules
  • D. Asset Management Objectives
  • E. Demand forecast

Answer: C

Explanation:
Maintenance schedulesare theoutputof planning rather than a prerequisite input. The other options are critical drivers in determining what actions should be planned.
Exact Extract from ISO 55002:2018, Clause 6.2 - Planning for AM Objectives:
"Inputs include asset information, demand forecasts, AM objectives, organizational priorities, and risk assessments."


NEW QUESTION # 19
Which of the following statements is true:

  • A. Corporate objectives are derived from the Asset Management strategy
  • B. Corporate objectives should be set by comparing the organisation's performance to its most closest associated peer
  • C. Corporate objectives drive the activities within the Asset Management system

Answer: C

Explanation:
Theflow of alignmentis from top-levelcorporate objectives#AM strategy#AM objectives#plans and activities. The reverse (A) is incorrect. C may be a benchmarking approach but is not a guiding principle.
Exact Extract from IAM - Asset Management: An Anatomy (v4), Section 4.1 - Strategic Alignment:
"Asset management must be aligned with corporate objectives and not the other way around. Organizational priorities set the direction for asset-related strategies."


NEW QUESTION # 20
(Exposure to) the possibility of loss, injury, or other adverse or unwelcome circumstance; a chance or situation involving such a possibility, is the definition of .......

  • A. Cost
  • B. Value
  • C. Asset
  • D. Risk

Answer: D


NEW QUESTION # 21
Based on ISO 55000 regarding asset management system, which of the following statements is false!

  • A. Is application agnostic
  • B. Is a regulation to help the organization
  • C. Provides a documented foundation for the asset management operation
  • D. Is not a software

Answer: B


NEW QUESTION # 22
......

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