High-quality Reliable IAM-Certificate Dumps–Authoritative Passing Score Providers for IAM-Certificate: The Institute of Asset Management Certificate

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IAM The Institute of Asset Management Certificate Sample Questions (Q91-Q96):

NEW QUESTION # 91
How many elements does the IAM Asset Management Conceptual Model contain?

A. Five
B. Four
C. Seven
D. Six

Answer: B

NEW QUESTION # 92
According to ISO 55000, assets is .....

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

Answer: B

NEW QUESTION # 93
An ISO 55000 asset management system provides the structure, methodology and mechanism to helping asset-intensive organizations deliver on their objectives.

A. True
B. False

Answer: A

NEW QUESTION # 94
The term optimizing describes:

A. The process of Maintenance the best value compromise between a set of competing factors, in order to support asset management decision-making
B. The process of establishing the best value compromise between a set of competing factors, in order to support asset management decision-making
C. The process of review the best value compromise between a set of competing factors, in order to support asset management decision-making
D. The process of control the best value compromise between a set of competing factors, in order to support asset management decision-making

Answer: B

Explanation:
Optimizingis a core concept in asset management. It refers to establishing a compromise between performance, cost, and risk-across the asset lifecycle. This balancing act is based on data-informed decision- making and scenario analysis.
Exact Extract from IAM - Asset Management: An Anatomy (v4), Section 4.5 - Decision-Making:
"Optimization is the process of determining the best value compromise between conflicting priorities such as cost, risk, and performance."

NEW QUESTION # 95
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

Answer: A

NEW QUESTION # 96
......

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High-quality Reliable IAM-Certificate Dumps–Authoritative Passing Score Providers for IAM-Certificate: The Institute of Asset Management Certificate

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IAM The Institute of Asset Management Certificate Sample Questions (Q91-Q96):

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