Title: 100% Pass IAM - High Hit-Rate IAM-Certificate - Verified The Institute of Asset [Print This Page] Author: tomblac766 Time: 5 hour before Title: 100% Pass IAM - High Hit-Rate IAM-Certificate - Verified The Institute of Asset P.S. Free 2026 IAM IAM-Certificate dumps are available on Google Drive shared by Pass4suresVCE: https://drive.google.com/open?id=1exQGJ4X64fXtP_vlUc39VGmo3hkWMzeC
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Which of these statements is true:
A. Asset information should be guided by the relevance of the information to the asset management decisions that need to be made about the asset
B. Asset information requirements should be derived according to the requirements set out in the IT department's procurement specification
C. Asset information should be collected on all measurable aspects of an asset's function and performance
Answer: B
NEW QUESTION # 89
What is the correct top-down hierarchy order for the following PAS 55 defined documents?
A. Asset Management Policy, Objectives, Strategy and Plans
B. Asset Management Strategy, Policy, Objectives and Plans
C. Asset Management Policy, Plans, Strategy and Objectives
D. Asset Management Policy, Strategy, Objectives and Plans
Answer: D
NEW QUESTION # 90
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 # 91
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 # 92
The following things are taken into consideration in developing an asset management strategy, except :
A. Asset requirements
B. Life cycle approach
C. Management needs
D. Consistency
Answer: C
NEW QUESTION # 93
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