Free IAM IAM-Certificate Exam Questions

Become IAM Certified with updated IAM-Certificate exam questions and correct answers

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Total 95 Questions | Updated On: Jul 30, 2025

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Question 1

IAM-based decisions produce real savings, where savings develop from,except......

A : Efficiency gains

B : Cost Avoidance

C : Compliment asset

D : Cost Effectiveness

Answer: C

Question 2

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

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 3

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

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 4

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

A : False

B : True

Answer: A

Question 5

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

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

Page: 1 / 19

Total 95 Questions | Updated On: Jul 30, 2025

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