Pass Guaranteed Quiz 2024 IAM IAM-Certificate: Latest The Institute of Asset Management Certificate New Dumps Book

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IAM The Institute of Asset Management Certificate Sample Questions (Q59-Q64):

NEW QUESTION # 59
Asset Management is explicitly focussed on helping organisations to achieve their defined objectives and to determine the optimal blend of activities based on these objectives.

A. False
B. True

Answer: B

NEW QUESTION # 60
What is the correct top-down hierarchy order for the following PAS 55 defined documents?

A. Asset Management Policy, Strategy, Objectives and Plans
B. Asset Management Policy, Plans, Strategy and Objectives
C. Asset Management Policy, Objectives, Strategy and Plans
D. Asset Management Strategy, Policy, Objectives and Plans

Answer: A

NEW QUESTION # 61
A key role of asset management is to assure the delivery of value in line with:

A. Required residual risk profile
B. Return on Investment (ROI) and/or Return on Net Assets (RONA.
C. All True
D. Agreed performance / levels of service

Answer: C

NEW QUESTION # 62
In conducting a demand analysis, there are several elements to consider:

A. Drivers for demand and the change in demand over time
B. Changes in required levels of service and/or products
C. Historical demand
D. All above true

Answer: D

NEW QUESTION # 63
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 not a software
C. Is application agnostic
D. Provides a documented foundation for the asset management operation

Answer: A

NEW QUESTION # 64
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