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CIPS L4M7 Exam Syllabus Topics:

SectionObjectives
Risk and Value Management- Managing asset-related risk
  • 1. Cost-benefit and value analysis
    • 2. Risk assessment across lifecycle stages
      Asset Acquisition and Procurement- Sourcing and procurement of assets
      • 1. Make or buy decisions
        • 2. Supplier selection and evaluation
          Disposal and End-of-Life Management- Asset disposal strategies
          • 1. Environmental and sustainability considerations
            • 2. Resale, recycling, and decommissioning
              Understanding Asset Management- Principles of whole life asset management
              • 1. Asset lifecycle concepts
                • 2. Value creation and total cost of ownership
                  Operation and Maintenance- Asset performance and reliability
                  • 1. Performance monitoring and KPIs
                    • 2. Maintenance strategies

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                      L4M7 Testfagen, L4M7 Zertifizierungsantworten

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                      CIPS Whole Life Asset Management L4M7 Prüfungsfragen mit Lösungen (Q12-Q17):

                      12. Frage
                      To improve the security of a warehouse, alarm systems are commonly used. Which of the following is an important part of these systems?

                      Antwort: B

                      Begründung:
                      The most basic alarm consists of one or more sensors to detect intruders, and an alerting device to indicate the intrusion. However, a typical premises security alarm employs the following compo-nents:
                      - Premises control unit (PCU), Alarm Control Panel (ACP), or simply panel: The "brain" of the system, it reads sensor inputs, tracks arm/disarm status, and signals intrusions. In modern system, this is typically one or more computer circuit boards inside a metal enclosure, along with a power supply.
                      - Sensors: Devices which detect intrusions. Sensors may be placed at the perimeter of the protected area, within it, or both. Sensors can detect intruders by a variety of methods, such as monitoring doorsand windows for opening, or by monitoring unoccupied interiors for motions, sound, vibration, or other disturbances.
                      - Alerting devices: These indicate an alarm condition. Most commonly, these are bells, sirens, and/or flashing lights. Alerting devices serve the dual purposes of warning occupants of intrusion, and potentially scaring off burglars. These devices may also be used to warn occupants of a fire or smoke condition.
                      - Keypads: Small devices, typically wall-mounted, which function as the human-machine interface to the system. In addition to buttons, keypads typically feature indicator lights, a small multi-character display, or both.etc.
                      - Interconnections between components. This may consist of direct wiring to the control unit, or wireless links with local power supplies.
                      In addition to the system itself, security alarms are often coupled with a monitoring service. In the event of an alarm, the premises control unit contacts a central monitoring station. Operators at the station see the signal and take appropriate action, such as contacting property owners, notifying police, or dispatching private security forces. Such signals may be transmitted via dedicated alarm circuits, telephone lines, or the internet.


                      13. Frage
                      What advantage can the use of ABC classification of stock provide in warehouse design?

                      Antwort: D


                      14. Frage
                      A group of items which are stacked together for more convenient movement is called...?

                      Antwort: B

                      Begründung:
                      Unit load is a term used to describe grouping of different items into a convenient stack or stacks which make them easy to handle and store. Typically this involves pallets and/or the plastic wrap-ping of a load.
                      Stacker is designed to lift and stack pallets. This one is fully mobile so can move easily around the warehouse. An operator would typically sit or stand while driving like a counterbalanced, reach or straddle lift truck.
                      A load cell is a type of transducer, specifically a force transducer. It converts a force such as ten-sion, compression, pressure, or torque into an electrical signal that can be measured and standard-ized.
                      Unit price is the price of a single product or service, used for example when buying several things together to refer to the price of each one.
                      Reference:
                      LO 1, AC 1.3


                      15. Frage
                      Which of the following best describe the function of MRP?

                      Antwort: B

                      Begründung:
                      Material requirement planning (MRP) is a production planning and material (inventory) control system used in manufacturing. Objectives of MRP are to ensure materials are available for production while minimising inventory and to plan production and procurement activities.
                      MRP process is described in the graph below:

                      Reference:
                      LO 2, AC 2.3


                      16. Frage
                      Which of the following are most likely to be the purposes of packing and packaging?
                      1. To bring the product cost down
                      2. To protect the product
                      3. To improve the product recognition
                      4. To test the product durability

                      Antwort: B

                      Begründung:
                      It would be really convenient if we could just hand our products directly to the customers, but that's not possible. Packaging needs to be done for several reasons. Here are some of the most prominent ones:
                      1. Safety: Packaging is used to keep your product safe from external factors. It also prevents human tampering. If you want to sell fruit juice, you just can't hand it over to customers. It should be packaged in something, like a stand up pouch.
                      2. Brand visibility: You provide the best product in your category and you want your customers to remember that. How else will you do that without using the right kind of creative food packaging?
                      3. Bundling it together: If you want to sell an ounce of something, you need to create a packet so that the right amount is bundled together.
                      4. Theft prevention: If you sell your product loose, there are chances that the retailer doesn't give the right amount to the customer and saves some part for himself. There are other cases too where theft can be done in the absence of packaging.
                      Apart from these four, there are many other reasons why you should package your products.
                      Reference:
                      - What Is the Purpose of Packaging?
                      - CIPS study guide page 62
                      LO 1, AC 1.3


                      17. Frage
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