Free The Institute of Asset Management Certificate Practice Questions

A.  

Criticality, demand forecasts, condition requirements, environmental factors

B.  

Criticality, maintenance regimes, condition requirements, environmental factors

C.  

Criticality, maintenance regimes, condition requirements, project plans

D.  

Budgets, maintenance regimes, condition requirements, project plans

E.  

Budgets, maintenance, historical demand, project plans

A.  

1980

B.  

1981

C.  

1982

D.  

1983

A.  

Operational Expenditure (Opex) forecast

B.  

Insurance valuation

C.  

Procurement contract

D.  

Capital Expenditure (Capex) forecast

E.  

Asset valuation

A.  

Prepare to phase out type A as they are near the end of life

B.  

Start an asset rationalisation study on type A (and maybe type B as well) to determine the possible end of life options

C.  

Prepare to phase out type A (and possibly type B as well) and replace them by 80 new trams of type C, to standardize the fleet

D.  

Prepare an overhaul for type A and B to manage the potential obsolescence issues

E.  

Prepare a modification of type A and B to bring back the assets on the required service level and solve the obsolescence problem

A.  

Condition assessment

B.  

Demand forecast

C.  

Maintenance reports

D.  

Asset age

E.  

Historical maintenance cost

A.  

the requirements of the key stakeholders of the organisation, high level asset management roles and responsibilities, the asset management principles for the organisation, a framework for the setting of the asset management strategy and objectives and a review frequency

B.  

the mandated requirements of the organisation, high level asset management roles and responsibilities, the key departments involved in asset management, a framework for the setting of the asset management strategy and objectives and review frequency

C.  

the mandated requirements of the organisation, high level asset management roles and responsibilities, the asset management principles for the organisation, a framework for the setting of the asset management strategy and objectives and details of the asset management plan

D.  

the mandated requirements of the organisation, the asset management principles for the organisation, high level asset management roles and responsibilities, a framework for the setting of the asset management strategy and objectives and a commitment to continuous improvement

E.  

the mandated requirements of the organisation, the asset management principles for the organisation, high level asset management roles and responsibilities, key risks for the organisation and a review frequency