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IAM The Institute of Asset Management Certificate Sample Questions (Q36-Q41):
NEW QUESTION # 36
An ISO 55000 asset management system provides the structure, methodology and mechanism to helping asset-intensive organizations deliver on their objectives.
- A. True
- B. False
Answer: A
NEW QUESTION # 37
There are 7 principles of asset management :
- A. Lifecycle
- B. Probability
- C. All true
- D. Value added
Answer: C
NEW QUESTION # 38
The comparison between Lean and Asset Management, are ......
- A. All about Value, Risk, Maintenance
- B. All about Security System
- C. All about Asset, People, System
- D. All about Purpose, Process, People
Answer: D
NEW QUESTION # 39
ISO 55001 sets out requirements for an asset management policy which fall into five categories:
- A. Consistency, A priori, Commitment, Balancing, Communication
- B. Consistency, Appropriateness, Commitment, A framework, Communication
- C. Consistency, A priori, Commitment, A framework, Communication
- D. Consistency, Appropriateness, Maintenance, A framework, Communication
Answer: B
NEW QUESTION # 40
The term optimizing describes.
- A. The process of review the best value compromise between a set of competing factors, in order to support asset management decision-making
- B. The process of Maintenance the best value compromise between a set of competing factors, in order to support asset management decision-making
- C. The process of establishing the best value compromise between a set of competing factors, in order to support asset management decision-making
- D. The process of control the best value compromise between a set of competing factors, in order to support asset management decision-making
Answer: C
NEW QUESTION # 41
......
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