2025 NEWEST IAM-CERTIFICATE EXAM DUMPS DEMO | IAM-CERTIFICATE 100% FREE NEW TEST PASS4SURE

2025 Newest IAM-Certificate Exam Dumps Demo | IAM-Certificate 100% Free New Test Pass4sure

2025 Newest IAM-Certificate Exam Dumps Demo | IAM-Certificate 100% Free New Test Pass4sure

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IAM The Institute of Asset Management Certificate Sample Questions (Q60-Q65):

NEW QUESTION # 60
Which statement is INCORRECT?

  • A. The Asset Management Policy should be consistent and aligned with the corporate objectives and strategy
  • B. The Asset Management Policy should be consistent and aligned with all other relevant organisational policies
  • C. The Asset Management Policy should be derived from all other relevant organisationalpolicies
  • D. All above true

Answer: C

Explanation:
TheAsset Management Policyis notderived fromother policies-it isaligned withthem. It expresses high- level intent and governs other plans and strategies, not the reverse.
Exact Extract from ISO 55001:2014, Clause 5.2 - Asset Management Policy:
"The asset management policy shall be consistent with other relevant organizational policies and aligned with the organization's strategic plan."


NEW QUESTION # 61
Which of the following has the biggest impact on cash flows?

  • A. EBITDA
  • B. Operational Expenditure (Opex)
  • C. Balance sheet
  • D. Depreciation
  • E. Return on capital employed

Answer: B

Explanation:
Operational Expenditure (Opex)includes recurring costs that directly affect an organization'scash outflows, such as energy, labor, and service delivery costs. Depreciation is non-cash.
Exact Extract from IAM - Asset Management: An Anatomy (v4), Section 2.3 - Financial Management:
"Operating expenditure (Opex) is a key factor in cash flow planning and often dominates lifecycle cost models."


NEW QUESTION # 62
Procurement and delivery of the solution to time, cost and quality targets. What phase is it?

  • A. Implementation phase
  • B. Handover and closeout phase
  • C. Concept phase
  • D. Definition phase

Answer: A

Explanation:
TheImplementation Phaseinvolves translating approved asset plans into physical or system outputs. It encompassesprocurement, execution, and deliveryto specification and budget constraints.
* Concept and definition phasesprecede this stage.
* Handoverfollows this phase and deals with asset operational readiness.
Exact Extract from IAM - Asset Management: An Anatomy (v4), Section 3.4.2 - Life Cycle Stage:
Implementation:
"This phase includes procurement, construction, installation, testing, and commissioning of the asset or solution. It is where time, cost, and quality performance is most closely monitored."


NEW QUESTION # 63
What is PAS 55?

  • A. A BSI Previously Available Specification for the optimized management of physical assets
  • B. A BSI Publically Available Specification for the optimized management of physical assets
  • C. A BSI Publically Available Specification for the optimized management of financial assets
  • D. A BSI Previously Available Specification for the optimized management of financial assets

Answer: B


NEW QUESTION # 64
How many roles are there in the IAM Competences Framework?

  • A. Five
  • B. Six
  • C. Seven
  • D. Three

Answer: C

Explanation:
The IAMCompetences Frameworkdefinesseven rolesthat encompass strategic, tactical, and operational functions across asset management. These are intended to cover a range of responsibilities and skills across an organization.
Exact Extract from IAM - Competences Framework (v3):
"The IAM Competences Framework defines seven generic roles: Asset Manager, Strategic Planner, Life Cycle Delivery, Risk Manager, Resource Manager, Information Manager, and Stakeholder Engagement Lead."


NEW QUESTION # 65
......

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