This page was exported from Exams Labs Braindumps [ http://blog.examslabs.com ] Export date:Thu Nov 21 9:00:09 2024 / +0000 GMT ___________________________________________________ Title: [Nov-2024] IAM IAM-Certificate Test Engine PDF - All Free Dumps from ExamsLabs [Q23-Q42] --------------------------------------------------- [Nov-2024] IAM IAM-Certificate Test Engine PDF - All Free Dumps from ExamsLabs Get New IAM-Certificate Certification – Valid Exam Dumps Questions QUESTION 23What is the correct top-down hierarchy order for the following PAS 55 defined documents?  Asset Management Policy, Strategy, Objectives and Plans  Asset Management Strategy, Policy, Objectives and Plans  Asset Management Policy, Plans, Strategy and Objectives  Asset Management Policy, Objectives, Strategy and Plans QUESTION 24Which of the following statements is true?  Good asset management has clear connectivity between an organisation’s strategic plan and the value core  Assets is not a potential value to an organisation  Assurance is the combination of monitoring and auditing  Visible senior level leadership and commitment is insignificant in organisations QUESTION 25What is the purpose of whole-life cost analysis?  To determine the option for a particular decision which has the lowest costs over the life of the asset  To determine the most important costs associated with an asset  To determine the renewal costs at the end of an asset’s life QUESTION 26The benefits of an asset management system are…  Formalizes asset management  Establish roles and responsiblities  Bring best practices into the organization  A-B-C are true QUESTION 27A key role of asset management is to assure the delivery of value, in line with, except :  agreed performance / levels of service  Company Profile  Required residual risk profile  Return on Investment (ROI) and/or Return on Net Assets (RONA QUESTION 28Successful delivery of the asset management plan(s) relies on integration with other organisational plans in both the development and delivery phases  False  True QUESTION 29According to ISO 55000, assets is …..  A type of investment that represents an ownership share in a company  Refers to all the materials available in our environment  Item, thing or entity that has potential or actual value to an organization.  Processed, organized and structured data QUESTION 30Based on ISO 55000 regarding asset management system, which of the following statements is false!  Is not a software  Is application agnostic  Provides a documented foundation for the asset management operation  Is a regulation to help the organization QUESTION 31In conducting a demand analysis, there are several elements to consider:  Historical demand  Drivers for demand and the change in demand over time  Changes in required levels of service and/or products  All above true QUESTION 32IAM based decision produce real saving, where saving develop from, except ……  Efficiency gains  Cost Avoidance  Compliment asset  Cost Effectiveness QUESTION 33A definition of asset management is:  The optimal maintenance an organisation undertakes on its assets?  The optimal life cycle management of physical assets to sustainably achieve the stated business objectives?  A clear understanding of the linkages between each stage in the asset lifecycle?  a grouping of investments that exhibit similar characteristics and are subject to the same laws and regulations QUESTION 34The comparison between Lean and Asset Management, are ……  All about Value, Risk, Maintenance  All about Purpose, Process, People  All about Asset, People, System  All about Security System QUESTION 35Assurance is the combination of monitoring and control (of processes and outcomes) to confirm the assets, systems and processes are operating as intended.  False  True QUESTION 36Capital Investment Decision-Making comprises the processes to …..  evaluate and analyse options for the creation of new assets  Decreasing the capability of assets  The replacement of modal at the end of their useful life  All false QUESTION 37Which of the following statements is true:  Corporate objectives drive the activities within the Asset Management system  Corporate objectives should be set by comparing the organisation’s performance to its most closest associated peer  Corporate objectives are derived from the Asset Management strategy QUESTION 38This covers everything the goes into planning, designing and procuring an asset.  Acquire  Commission  Operate  Dispose QUESTION 39How many roles are there in the IAM Competences Framework?  Five  Six  Seven  Three QUESTION 40Which are included in the asset life cycle :  Acquire – Corporate- Operate – Dispose  Acquire – Commission – Operate – Diaspora  Acquire – Commission – Operate – Dispose  Acquire – Commission – Performance- Dispose QUESTION 41In what year did the term “asset management” start to be used!  1980  1981  1982  1983 QUESTION 42Which of the following statements is not a management asset?  a recognition that assets have a life cycle  an approach that looks to get the best out of the assets for the benefit of the organisation and/or its stakeholders  understanding and managing the risk associated with owning assets  a substitute for quality management  Loading … 100% Passing Guarantee - Brilliant IAM-Certificate Exam Questions PDF: https://www.examslabs.com/IAM/IAM-Certification/best-IAM-Certificate-exam-dumps.html --------------------------------------------------- Images: https://blog.examslabs.com/wp-content/plugins/watu/loading.gif https://blog.examslabs.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2024-11-12 09:36:20 Post date GMT: 2024-11-12 09:36:20 Post modified date: 2024-11-12 09:36:20 Post modified date GMT: 2024-11-12 09:36:20