DISCOUNT IAM-CERTIFICATE CODE & ADVANCED IAM-CERTIFICATE TESTING ENGINE

Discount IAM-Certificate Code & Advanced IAM-Certificate Testing Engine

Discount IAM-Certificate Code & Advanced IAM-Certificate Testing Engine

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Quiz Authoritative IAM - IAM-Certificate - Discount The Institute of Asset Management Certificate Code

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IAM The Institute of Asset Management Certificate Sample Questions (Q35-Q40):

NEW QUESTION # 35
Based on ISO 55000 regarding asset management system, which of the following statements is false!

  • A. Is a regulation to help the organization
  • B. Is application agnostic
  • C. Provides a documented foundation for the asset management operation
  • D. Is not a software

Answer: A


NEW QUESTION # 36
There are many factors that can drive the decommissioning of assets, expect:

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

Answer: C


NEW QUESTION # 37
Capital Investment Decision-Making comprises the processes to .....

  • A. Decreasing the capability of assets
  • B. The replacement of modal at the end of their useful life
  • C. Evaluate and analyse options for the creation of new assets
  • D. All false

Answer: C

Explanation:
Capital Investment Decision-Making is a structured process that evaluatesinvestment options, typically considering total lifecycle cost, business value, and risk. While asset replacement may be a consequence, the broader goal is optimization of value creation through new asset deployment.
Exact Extract from IAM - Asset Management: An Anatomy (v4), Section 4.3.3 - Capital Investment Decision-Making:
"This includes identification, evaluation, and prioritization of investment options to create, upgrade or renew assets in alignment with organizational objectives."


NEW QUESTION # 38
External stakeholders can influence asset management activities within an organisation by:

  • A. Having the power of veto over what the organisation does
  • B. Defining the renewal and maintenance policies which govern the creation of the asset management plan
  • C. Influencing the Organisational Strategic Plan through structured engagement

Answer: C


NEW QUESTION # 39
This covers everything the goes into planning, designing and procuring an asset.

  • A. Acquire
  • B. Dispose
  • C. Commission
  • D. Operate

Answer: A


NEW QUESTION # 40
......

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