EMT Practice Test

1. Question Content...

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Question1: The objectives that the organization wants to achieve from its asset management activities, are ....

Question2: Effective asset management can enhance an organization's reputation and its ability to .......?

Question3: An ISO 55000 asset management system provides the structure, methodology and mechanism to helping asset-intensive organizations deliver on their objectives.

Question4: Two widely used approaches to conceptualising value in an organisation are:

Question5: Characteristics of organisational context that affect what is achievable and worthwhile in asset management fall into three categories:

Question6: Based on ISO 55000 regarding asset management system, which of the following statements is false!

Question7: There are 4 fundamentals in asset management, including ....

Question8: Which of these is NOT a key principle of asset management?

Question9: Which of the following statements is true !

Question10: In conducting a demand analysis, there are several elements to consider:

Question11: Which statement is INCORRECT?

Question12: Which of the following statements is true:

Question13: Which of the following is best described as an Asset Management Objective?

Question14: A vital element underpinning successful asset management, are .....

Question15: Value based on AM is ......

Question16: The purpose of an Asset Information Strategy is to:

Question17: What are the main cost elements of a whole-life cost approach?

Question18: This covers everything the goes into planning, designing and procuring an asset.

Question19: Which are included in the asset life cycle :

Question20: A definition of asset management is:

Question21: Assurance is the combination of monitoring and control (of processes and outcomes) to confirm the assets, systems and processes are operating as intended.

Question22: There are many factors that can drive the decommissioning of assets, expect:

Question23: A key role of asset management is to assure the delivery of value, in line with, except :

Question24: (Exposure to) the possibility of loss, injury, or other adverse or unwelcome circumstance; a chance or situation involving such a possibility, is the definition of .......