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IAM IAM-Certificate Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Assessing and Managing Asset Management Risks	17%	- Risk concepts and framework - Risk identification, analysis and evaluation - Risk treatment and control - Risk reporting and review
Topic 2: Managing Asset Life Cycle Decisions and Activities	17%	- Investment and replacement decisions - Operation, maintenance and disposal - Life cycle stages and activities - Performance monitoring and improvement
Topic 3: Finance and Business Impact	17%	- Asset valuation and accounting - Costs, benefits and value creation - Business continuity and impact assessment - Budgeting and funding
Topic 4: Principles of Asset Management	33%	- ISO 55000 series overview - Roles and responsibilities - Value and objectives of asset management - Concepts and definitions
Topic 5: Asset Management Policy, Strategy & Planning	17%	- Alignment with organizational goals - Tactical and operational planning - Policy development and alignment - Strategic asset management plans

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IAM The Institute of Asset Management Certificate IAM-Certificate Prüfungsfragen mit Lösungen (Q22-Q27):

22. Frage
The objectives that the organization wants to achieve from its asset management activities, are ....

A. to describes an organisation's long-term approach to managing its assets.
B. the future capability and performance requirements of assets, asset systems and the asset portfolio as a whole
C. A&B True
D. A&B False

Antwort: C

23. Frage
How is risk best quantified within an ISO 55001 compliant Asset Management System?

A. Risk is quantified by multiplying event probability by event consequences
B. It is not possible to quantify risk
C. Risk is quantified as a product of asset criticality and unavailability
D. Risk identification processes quantify risk
E. Risk is quantified by defining boundaries of acceptable risk

Antwort: A

Begründung:
Thestandard risk formulain ISO-based frameworks is:
Risk = Probability × Consequence
This approach allows comparison and prioritization of risks based on both likelihood and impact.
Exact Extract from ISO 55002:2018, Clause 8.2.2 - Risk Management:
"Risk is typically evaluated by considering the probability of occurrence and the consequences of such events."

24. Frage
A definition of asset management is:

A. The optimal maintenance an organisation undertakes on its assets?
B. a grouping of investments that exhibit similar characteristics and are subject to the same laws and regulations
C. The optimal life cycle management of physical assets to sustainably achieve the stated business objectives?
D. A clear understanding of the linkages between each stage in the asset lifecycle?

Antwort: A

25. Frage
(Exposure to) the possibility of loss, injury, or other adverse or unwelcome circumstance; a chance or situation involving such a possibility, is the definition of .......

A. Value
B. Risk
C. Cost
D. Asset

Antwort: B

Begründung:
This definition corresponds to the formal definition ofriskused in ISO 31000 and ISO 55000. It highlights the potential for deviation from expected outcomes, which can be both negative and positive, although traditionally associated with adverse events.
Exact Extract from ISO 55000:2014, Clause 3.2.21 - Risk:
"Risk: Effect of uncertainty on objectives."

26. Frage
In what year did the term "asset management" start to be used!

A. 0
B. 1
C. 2
D. 3

Antwort: C

27. Frage
......

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