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IBM Assess: Fundamentals of Applying Maximo Asset Management Solutions V3 Sample Questions:

1. Standardization of data collection practices facilitates the exchange of information between parties, e.g. plants, owners, manufacturers and contractors. ISO 14224:2006 establishes requirements that any in-house or commercially available reliability and maintenance (PM) data system is required to meet when designed for PM data exchange. Which industry solution has the benefit that addresses the specific requirements of ISO 14224:2006?

A) IBM Maximo Asset Managementfor Life Sciences
B) IBM Maximo Asset Management for Nuclear Power
C) IBM Maximo Asset Managementfor Oil and Gas
D) IBM Maximo Asset Management forTransportation

2. What does an effective change control process support?

A) Asset control
B) Asset maintenance
C) Asset visibility
D) Asset automation

3. What is a clear indicator that more than one organization is required to be created at the customer site?

A) multiple startcenters
B) requirementformorethan one base currency
C) more than one production environment
D) more than 5,000 users

4. Which statement correctly describes warrants! recovery in IBM Maximo Asset Managementfor Transportation?

A) trading warranty coverage from one asset to another to reduce purchase prices on new assets
B) negotiating reduced prices in lieu of warranty coverage
C) providing a way to create pools of warranty coverage by purchasing additional insurance against failures
D) directing efforts to utilize warranty coverage completely and effectively to reduce cost

5. What is one of the key features in Work Management?

A) To create activities by applying a service level agreement
B) To document a detailed risk assessment without utilizing the attached documents functionality
C) To plan, sequence, and identify the various cost factors (labor, material, service, and tools)
D) To create a Safely Plan directly from the work order

Solutions: