Question 1

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

Options :

A : Competent

B : Consistent

C : Optimal decision-making

D : A-B-C True

Answer: D

Question 2

Which of the following would you normally expect to include as key components of the Asset Management

Strategy?

Options :

A : Risk registers, statutory/environmental/financial constraints, O&M manuals, detailed work plans

B : Maintenance schedules, stakeholder lists, annual financial reports, asset forecasts

C : Improvement objectives, maintenance schedules, asset forecasts, As-Built drawings

D : Improvement objectives, strategic risks and opportunities,statutory/environmental/financial constraints, asset forecasts

E : Strategic risks, constraints, O&M manuals, As-Built drawings

Answer: D

Question 3

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

Options :

A : to describe an organisation’s long-term approach to managing its assets

B : the future capability and performance requirements of assets, asset systems and the asset portfolio as a whole

C : A & B True

D : A & B False

Answer: C

Question 4

What is one of the most important elements of asset management?

Options :

A : Company profile

B : The control of management risk

C : The role of organisational culture

D : None of above

Answer: C

Question 5

Assurance is the combination of monitoring and control (of processes and outcomes) to confirm the assets,

systems and processes are operating as intended.

Options :

A : False

B : True

Answer: A