Q23. (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 …….

Q24. An ISO 55000 asset management system provides the structure, methodology and mechanism to helping asset-intensive organizations deliver on their objectives.

Q25. What are the main cost elements of a whole-life cost approach?

Q26. What is the correct top-down hierarchy order for the following PAS 55 defined documents?

Q27. The following things are taken into consideration in developing an asset management strategy, except :

Q28. Which of the following statements is true !

Q29. A key role of asset management is to assure the delivery of value in line with:

Q30. Asset Management should deliver:

Q31. External stakeholders can influence asset management activities within an organisation by:

Q32. A definition of asset management is:

Q33. Procurement and delivery of the solution to time, cost and quality targets. What phase is it?

Q34. There are 4 fundamentals in asset management, including ….

Q35. This covers everything the goes into planning, designing and procuring an asset.

Q36. According to ISO 55000, assets is …..

Q37. Which are included in the asset life cycle :

Q38. Value based on AM is ……

Q39. Which of the following statements is true:

Q40. Based on ISO 55000 regarding asset management system, which of the following statements is false!

Q41. The benefits of an asset management system are…

Q42. Which of these statements is true:

Q43. There are 7 principles of asset management :

Q44. Successful delivery of the asset management plan(s) relies on integration with other organisational plans in both the development and delivery phases

Q45. Which of the following is best described as an Asset Management Objective?