IAM-CERTIFICATE VALID EXAM TEST & LATEST IAM-CERTIFICATE TEST PASS4SURE

IAM-Certificate Valid Exam Test & Latest IAM-Certificate Test Pass4sure

IAM-Certificate Valid Exam Test & Latest IAM-Certificate Test Pass4sure

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The PremiumVCEDump The Institute of Asset Management Certificate (IAM-Certificate) exam dumps are being offered in three different formats. All these three IAM-Certificate exam dumps formats contain the real IAM IAM-Certificate exam questions that will help you to streamline the IAM-Certificate Exam Preparation process. The PremiumVCEDump IAM IAM-Certificate PDF dumps file is a collection of real, valid, and updated IAM-Certificate practice questions that are also easy to install and use.

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IAM The Institute of Asset Management Certificate Sample Questions (Q22-Q27):

NEW QUESTION # 22
The concept of 'line of sight' means .....

  • A. Asset Manager involved in asset management
  • B. everyone who touches or influences what happens to an asset is involved in asset management
  • C. Top Management involved in asset management
  • D. Stake holders involved in asset management

Answer: B


NEW QUESTION # 23
Which of the following statements is true?

  • A. Visible senior level leadership and commitment is insignificant in organisations
  • B. Assurance is the combination of monitoring and auditing
  • C. Assets is not a potential value to an organisation
  • D. Good asset management has clear connectivity between an organisation's strategic plan and the value core

Answer: B


NEW QUESTION # 24
What is the correct top-down hierarchy order for the following PAS 55 defined documents?

  • A. Asset Management Policy, Strategy, Objectives and Plans
  • B. Asset Management Policy, Plans, Strategy and Objectives
  • C. Asset Management Strategy, Policy, Objectives and Plans
  • D. Asset Management Policy, Objectives, Strategy and Plans

Answer: A

Explanation:
According toPAS 55 and ISO 55001, the hierarchy flows fromhigh-level principles and intent (policy)to detailed tactical execution (plans):
* Policy- Organizational intent and principles
* Strategy- Long-term approach for achieving objectives
* Objectives- Specific performance and capability targets
* Plans- Scheduled actions to meet objectives
Exact Extract from PAS 55-1:2008, Section 4.2.1:
"The asset management policy leads into the asset management strategy, from which objectives and corresponding plans are derived."


NEW QUESTION # 25
What is one of the most important elements of asset management?

  • A. The control of management risk
  • B. None of above
  • C. Company profile
  • D. The role of organisational culture

Answer: D

Explanation:
Organizationalculturesignificantly impacts how asset management systems are implemented and sustained.
Engagement, collaboration, and shared values influence decision-making, risk tolerance, and accountability.
Exact Extract from IAM - Asset Management: An Anatomy (v4), Section 5.2 - Organizational Culture:
"Organizational culture defines how people behave within asset management systems. It is essential for effective delivery of policy and strategic intent."


NEW QUESTION # 26
What is the correct top-down hierarchy order for the following PAS 55 defined documents?

  • A. Asset Management Policy, Strategy, Objectives and Plans
  • B. Asset Management Policy, Plans, Strategy and Objectives
  • C. Asset Management Strategy, Policy, Objectives and Plans
  • D. Asset Management Policy, Objectives, Strategy and Plans

Answer: A


NEW QUESTION # 27
......

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