EXAM IAM-CERTIFICATE BLUEPRINT - IAM-CERTIFICATE ONLINE BOOTCAMPS

Exam IAM-Certificate Blueprint - IAM-Certificate Online Bootcamps

Exam IAM-Certificate Blueprint - IAM-Certificate Online Bootcamps

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IAM The Institute of Asset Management Certificate Sample Questions (Q32-Q37):

NEW QUESTION # 32
What is the purpose of whole-life cost analysis?

  • A. To determine the renewal costs at the end of an asset's life
  • B. To determine the most important costs associated with an asset
  • C. To determine the option for a particular decision which has the lowest costs over the life of the asset

Answer: C


NEW QUESTION # 33
The benefits of an asset management system are...

  • A. A-B-C are true
  • B. Bring best practices into the organization
  • C. Formalizes asset management
  • D. Establish roles and responsiblities

Answer: A


NEW QUESTION # 34
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


NEW QUESTION # 35
How many elements does the IAM Asset Management Conceptual Model contain?

  • A. Four
  • B. Seven
  • C. Five
  • D. Six

Answer: A


NEW QUESTION # 36
To successfully establish, operate and improve asset management within an organisation, it is essential that leadership, and commitment, is demonstrated by all levels of management - from senior executives to supervisors.

  • A. True
  • B. False

Answer: A


NEW QUESTION # 37
......

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