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IAM The Institute of Asset Management Certificate Sample Questions (Q52-Q57):

NEW QUESTION # 52
There are 4 fundamentals in asset management, including ....

A. Value, Alignment, Leadership and Insurance
B. Value, Alignment, Proggresive and Assurance
C. Value, Alignment, Leadership and Assurance
D. Value, Competitif, Leadership and Assurance

Answer: C

NEW QUESTION # 53
ISO 55001 defines seven sets of requirements for a management system for asset management, except ...

A. Controlling
B. Multi-level Planning for assets and asset management
C. Defining the Organisational Context
D. Support for effective management

Answer: A

NEW QUESTION # 54
The concept of 'line of sight' means .....

A. Asset Manager involved in asset management
B. Top Management involved in asset management
C. everyone who touches or influences what happens to an asset is involved in asset management
D. Stake holders involved in asset management

Answer: C

NEW QUESTION # 55
This covers everything the goes into planning, designing and procuring an asset.

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

Answer: D

NEW QUESTION # 56
Which of the following types of information would NOT normally be required for the development of an asset management plan?

A. Asset Critically
B. Organisation's share price
C. Asset Register
D. Asset Condition

Answer: B

NEW QUESTION # 57
......

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