IAM IAM-Certificate exam - in .pdf

IAM-Certificate pdf
  • Exam Code: IAM-Certificate
  • Exam Name: The Institute of Asset Management Certificate
  • Q & A: 124 Questions and Answers
  • PDF Price: $59.99
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  • Exam Code: IAM-Certificate
  • Exam Name: The Institute of Asset Management Certificate
  • Q & A: 124 Questions and Answers
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IAM IAM-Certificate exam - Testing Engine

IAM-Certificate Testing Engine
  • Exam Code: IAM-Certificate
  • Exam Name: The Institute of Asset Management Certificate
  • Q & A: 124 Questions and Answers
  • Software Price: $59.99
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IAM IAM-Certificate Exam Syllabus Topics:

TopicDetails
Topic 1
  • Managing Asset Life Cycle Decisions and Activities: This domain addresses the full spectrum of an asset's life from acquisition and operation through to maintenance and disposal and how decisions are made and managed at each stage to optimize performance and value.
Topic 2
  • Finance and Business Impact: This domain examines the financial aspects of asset management, including cost analysis, investment appraisal, and understanding how asset management decisions affect broader business performance and value delivery.
Topic 3
  • Principles of Asset Management: This domain covers the foundational concepts and frameworks that underpin asset management, including the purpose, definitions, and core principles that guide how organisations manage assets to deliver value.
Topic 4
  • Assessing and Managing Asset Management Risks: This domain covers the identification, assessment, and treatment of risks associated with assets and asset management activities, ensuring that risk is systematically managed to support safe and effective outcomes.
Topic 5
  • Asset Management Policy, Strategy & Planning: This domain focuses on how organisations establish direction through policy, translate that into asset management strategy, and develop structured plans that align asset decisions with organisational objectives.

Reference: https://theiam.org/professional-development/qualifications/iam-certificate/

IAM The Institute of Asset Management Certificate Sample Questions:

Question #1

Where can a standardized Risk Matrix be found for use within Asset Management Systems aligned to ISO
55000?

  • A. A standard Risk Matrix is available in ISO 55002
  • B. Each organization's risk appetite and asset portfolio are unique, so no standard Risk Matrix applies
  • C. A standard Risk Matrix exists in the GFMAM's Asset Management Landscape
  • D. A standard Risk Matrix is available in ISO 31000
  • E. Standard Risk Matrices for assets are widely available online
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #2

Which are included in the asset life cycle?

  • A. Acquire - Commission - Operate - Dispose
  • B. Acquire - Commission - Operate - Diaspora
  • C. Acquire - Corporate - Operate - Dispose
  • D. Acquire - Commission - Performance - Dispose
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #3

What is the most effective measure when determining the current health of your assets?

  • A. Historical maintenance cost
  • B. Condition assessment
  • C. Asset age
  • D. Maintenance reports
  • E. Demand forecast
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #4

According to ISO 55000, assets are .....

  • A. A type of investment that represents an ownership share in a company
  • B. Processed, organized and structured data
  • C. Refers to all the materials available in our environment
  • D. Item, thing or entity that has potential or actual value to an organization
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #5

In what year did the term "asset management" start to be used?

  • A. 1983
  • B. 1982
  • C. 1981
  • D. 1980
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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