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IAM The Institute of Asset Management Certificate IAM-Certificate Question # 5 Topic 1 Discussion

IAM The Institute of Asset Management Certificate IAM-Certificate Question # 5 Topic 1 Discussion

IAM-Certificate Exam Topic 1 Question 5 Discussion:
Question #: 5
Topic #: 1

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


A.

A risk-based approach to renewal and maintenance will be adopted


B.

Risk-based maintenance will deliver an improvement in the failure rate of assets of 10% for no increase in cost by September 2011


C.

Risk-based maintenance will be introduced at Depot A in September 2011 with the following work volumes


D.

Risk based provide direction for Asset and Non-Asset Class Planning


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