PASS GUARANTEED 2025 IAM IAM-CERTIFICATE: THE INSTITUTE OF ASSET MANAGEMENT CERTIFICATE–THE BEST NEW EXAM ANSWERS

Pass Guaranteed 2025 IAM IAM-Certificate: The Institute of Asset Management Certificate–The Best New Exam Answers

Pass Guaranteed 2025 IAM IAM-Certificate: The Institute of Asset Management Certificate–The Best New Exam Answers

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IAM The Institute of Asset Management Certificate Sample Questions (Q28-Q33):

NEW QUESTION # 28
What is the purpose of whole-life cost analysis?

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

Answer: C


NEW QUESTION # 29
Which of the following types of information would NOT normally be required for the development of an asset management plan?

  • A. Asset Condition
  • B. Asset Register
  • C. Organisation's share price
  • D. Asset Critically

Answer: C


NEW QUESTION # 30
The objectives that the organization wants to achieve from its asset management activities, are ....

  • A. to describes an organisation's long-term approach to managing its assets.
  • B. A&B False
  • C. A&B True
  • D. the future capability and performance requirements of assets, asset systems and the asset portfolio as a whole

Answer: C


NEW QUESTION # 31
Which of the following phrases describes best the key advantage of asset management over traditional approaches?

  • A. Asset management takes an optimised whole-life view of the work required on the asset portfolio to ensure current and future required levels of service are delivered
  • B. Asset management ensures all asset interventions (for example maintenance or renewal intervals) are optimised with respect to risk
  • C. Asset management is primarily concerned with ensuring that resources are optimally used by putting into place effective planning regimes and processes to continually improve staff competence

Answer: C


NEW QUESTION # 32
There are many factors that can drive the decommissioning of assets, expect:

  • A. excess of service capacity
  • B. cost of retaining in service
  • C. obsolete technology
  • D. compliance with changes in legislation

Answer: D


NEW QUESTION # 33
......

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