Reliable IAM-Certificate Test Notes | Latest IAM-Certificate Test Dumps

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IAM The Institute of Asset Management Certificate Sample Questions (Q40-Q45):

NEW QUESTION # 40
According to ISO 55000, assets is .....

A. Item, thing or entity that has potential or actual value to an organization.
B. Refers to all the materials available in our environment
C. A type of investment that represents an ownership share in a company
D. Processed, organized and structured data

Answer: A

NEW QUESTION # 41
Which statement is INCORRECT?

A. The Asset Management Policy should be consistent and aligned with all other relevant organisational policies
B. The Asset Management Policy should be consistent and aligned with the corporate objectives and strategy
C. All above true
D. The Asset Management Policy should be derived from all other relevant organisational policies

Answer: D

NEW QUESTION # 42
Characteristics of organisational context that affect what is achievable and worthwhile in asset management fall into three categories:

A. Asset systems criticality
B. Scale and complexity of the asset portfolio
C. All above true
D. Volatility of the business environment

Answer: C

NEW QUESTION # 43
A vital element underpinning successful asset management, are .....

A. Optimal decision-making
B. Consistent
C. Competent
D. A-B-C True

Answer: D

NEW QUESTION # 44
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 # 45
......

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IAM The Institute of Asset Management Certificate Sample Questions (Q40-Q45):

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