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IAM IAM-Certificate Exam With Confidence Using Practice Dumps

Exam Code:
IAM-Certificate
Exam Name:
The Institute of Asset Management Certificate
Certification:
IAM Certificate
Vendor:
IAM
Questions:
93
Last Updated:
Apr 26, 2025
Exam Status:
Stable
IAM IAM-Certificate

IAM-Certificate: IAM Certificate Exam 2025 Study Guide Pdf and Test Engine

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The Institute of Asset Management Certificate Questions and Answers

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Question 1

What is NOT usually considered in the decision to decommission and dispose of assets?

Options:

A.

The residual value of assets

B.

Alternative uses for the assets

C.

The depreciated value of the assets

D.

The environmental impact of disposing of the assets

E.

Legislation regarding disposal of the assets

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Question 2

What is good practice to be included in an asset management policy?

Options:

A.

A statement of commitment to comply with regulations, a commitment to continuous improvement, and principles guiding the development of the asset management strategy and objectives.

B.

A statement of commitment to comply with regulations, a commitment to continuous improvement, a detailed plan of the work for the following year.

C.

A statement of commitment to comply with regulations, a list of the top risks to the organisation, principles guiding the development of the asset management strategy and objectives.

D.

A statement of commitment to comply with regulations, budget for the next five years, a commitment to continuous improvement, principles guiding the development of the asset management strategy and objectives.

E.

A statement of commitment to comply with regulations, a commitment to continuous improvement, and the asset management strategy.

Question 3

Which of the following is NOT normally an input to an asset management plan?

Options:

A.

Maintenance schedules

B.

Asset knowledge

C.

Demand forecast

D.

Organizational objectives

E.

Asset Management Objectives

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