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IAM The Institute of Asset Management Certificate Sample Questions (Q89-Q94):
NEW QUESTION # 89
Successful delivery of the asset management plan(s) relies on integration with other organisational plans in both the development and delivery phases
Answer: B
NEW QUESTION # 90
Which of the following is NOT normally an input to an asset management plan?
- A. Asset knowledge
- B. Asset Management Objectives
- C. Demand forecast
- D. Maintenance schedules
- E. Organizational objectives
Answer: D
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 # 91
Procurement and delivery of the solution to time, cost and quality targets. What phase is it?
- A. Handover and closeout phase
- B. Implementation phase
- C. Concept phase
- D. Definition phase
Answer: B
NEW QUESTION # 92
The concept of 'line of sight' means .....
- A. Asset Manager involved in asset management
- B. Stake holders involved in asset management
- C. everyone who touches or influences what happens to an asset is involved in asset management
- D. Top Management involved in asset management
Answer: C
NEW QUESTION # 93
Effective asset management can enhance an organization's reputation and its ability to .......?
- A. Meet its regulatory and statutory obligations
- B. All true
- C. Operate safely.
- D. Reduce the cost of managing assets over their lives.
Answer: B
NEW QUESTION # 94
......
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