Free IAM IAM-Certificate Exam Dumps Questions & Answers

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

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

Risk is best described as:

• A.  The effect of meeting an organisation's objectives
• B.  An organisation's appetite to uncertainty
• C.  The impact of uncertainty
• D.  The effect of uncertainty on an organisation's objectives
• E.  An organisation's tolerance to uncertainty

Successful delivery of the asset management plan(s) relies on integration with other organisational plans in both the development and delivery phases.

• A.  True
• B.  False

A public transportation company has a fleet of 150 trams. Type A (25 years old), Type B (19 years), Type C (2 years). Expected lifetime is 30 years. Type A and B perform sufficiently but suffer obsolescence and spare parts issues.
What would be a feasible action now?

• A.  Replace type A and B with 80 new type C trams to standardize fleet
• B.  Start an asset rationalisation study on type A (and maybe B) to determine the possible end-of-life options
• C.  Prepare to phase out type A as they are near the end of life
• D.  Prepare an overhaul for type A and B
• E.  Modify type A and B to maintain service and solve obsolescence

Which of the following has the biggest impact on cash flows?

• A.  Depreciation
• B.  Balance sheet
• C.  Operational Expenditure (Opex)
• D.  Return on capital employed
• E.  EBITDA