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IAM The Institute of Asset Management Certificate Sample Questions (Q33-Q38):

NEW QUESTION # 33
In what year did the term "asset management" start to be used?

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

Answer: A

Explanation:
The term "asset management" began emerging formally in theearly 1980s, particularly within infrastructure sectors. The IAM recognizes 1980 as the foundational point when structured approaches began to evolve around lifecycle and value-centric practices.
Reference from IAM historical insights:
"The structured use of the term 'asset management' began in the 1980s, focusing initially on infrastructure and utility sectors before becoming more universally adopted." (Source: IAM Historical Overview, Introduction to Asset Management)

NEW QUESTION # 34
To successfully establish, operate and improve asset management within an organisation, it is essential that leadership, and commitment, is demonstrated by all levels of management - from senior executives to supervisors.

A. False
B. True

Answer: B

NEW QUESTION # 35
Capital Investment Decision-Making comprises the processes to .....

A. All false
B. Decreasing the capability of assets
C. evaluate and analyse options for the creation of new assets
D. The replacement of modal at the end of their useful life

Answer: C

NEW QUESTION # 36
What is an Asset Management System as defined by PAS 55?

A. The management system which organises and drives all asset management activities
B. The asset information technology system used for collating and analysing asset data
C. The system by which organisations can manage and influence stakeholder requirements
D. The asset system which organises all data management activities

Answer: A

NEW QUESTION # 37
The objectives that the organization wants to achieve from its asset management activities, are ....

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

Answer: D

NEW QUESTION # 38
......

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Valid Braindumps IAM IAM-Certificate Pdf | IAM-Certificate Reliable Exam Price

Free PDF Reliable IAM - IAM-Certificate - Valid Braindumps The Institute of Asset Management Certificate Pdf

IAM The Institute of Asset Management Certificate Sample Questions (Q33-Q38):

Free PDF The Best IAM-Certificate - Valid Braindumps The Institute of Asset Management Certificate Pdf