New IAM-Certificate Test Syllabus, IAM-Certificate Certification

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IAM IAM-Certificate Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Asset Management Policy, Strategy and Planning17%- Strategic Planning
  • 1. Governance
  • 2. Asset Management Policy
  • 3. Strategic Asset Management Plan
  • 4. Objectives and Planning
Topic 2: Principles of Asset Management33%- Asset Management Fundamentals
  • 1. Asset Management Objectives
  • 2. Lifecycle Concepts
  • 3. Value Realisation
  • 4. ISO 55000 Principles
Topic 3: Finance and Business Impact17%- Financial and Business Considerations
  • 1. Whole Life Costing
  • 2. Business Value
  • 3. Performance Measurement
  • 4. Investment Planning
Topic 4: Managing Asset Life Cycle Decisions and Activities17%- Lifecycle Management
  • 1. Reliability and Performance
  • 2. Disposal and Renewal
  • 3. Asset Acquisition
  • 4. Operations and Maintenance
Topic 5: Assessing and Managing Asset Management Risks17%- Risk Management
  • 1. Compliance and Assurance
  • 2. Risk Assessment
  • 3. Contingency Planning
  • 4. Criticality Analysis

>> New IAM-Certificate Test Syllabus <<

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IAM The Institute of Asset Management Certificate Sample Questions (Q75-Q80):

NEW QUESTION # 75
ISO 55001 sets out requirements for an asset management policy which fall into five categories:

Answer: A


NEW QUESTION # 76
Investment proposals should align with the delivery of...

Answer: B

Explanation:
All investment decisions in asset management shouldclearly support strategic objectivesto ensure value alignment, budget justification, and long-term relevance.
Exact Extract from ISO 55001:2014, Clause 6.2 - AM Objectives and Planning:
"Asset management objectives and investment plans must align with the organization's strategic objectives."


NEW QUESTION # 77
Capital Investment Decision-Making comprises the processes to .....

Answer: C


NEW QUESTION # 78
How many elements does the IAM Asset Management Conceptual Model contain?

Answer: C

Explanation:
TheIAM Conceptual Modelconsists offour primary elements:
* Why- Value
* What- Strategy & Planning
* How- Life Cycle Delivery Activities
* Enablers- People, Processes, Systems
Exact Extract from IAM - Asset Management: An Anatomy (v4), Figure 1 - Conceptual Model:
"The model contains four domains that together define the purpose, processes, and enablers of asset management."


NEW QUESTION # 79
In conducting a demand analysis, there are several elements to consider:

Answer: C


NEW QUESTION # 80
......

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