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IBM Assess: Fundamentals of Applying Maximo Asset Management Solutions V3 Sample Questions:
1. What do real-time dashboards support?
A) asset automation
B) asset display
C) assetvisibility
D) asset control
2. Which feature/function enables a manager to quickly assess the overall performance of assets?
A) The creation of Key Performance Indicators for the asset.
B) The creation of an escalation that initiates an action to start a workflow process when the status of the asset changes to Decommissioned.
C) The creation of a Cognos report from IBM Maximo that provides the residual value of assets.
D) Set the Display Downtime Report prompt in the Organization Options to On, so when the asset is in a Down status the user will be able to record the downtime.
3. 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) providing a way to create pools of warranty coverage by purchasing additional insurance against failures
C) directing efforts to utilize warranty coverage completely and effectively to reduce cost
D) negotiating reduced prices in lieu of warranty coverage
4. What are two business areas or processes that are supported by the IBM Maximo Asset Management solution? (Choose two.)
A) Budget Allocation
B) Fleet Management
C) Procurement Management
D) Work Order Management
E) WorkforceManagement
5. What would enable an organization to utilize PM concepts?
A) using the PM application to generate a work order from a characteristictypemeter
B) creating a PM Hierarchy so the entire hierarchy is generated
C) setting upper and lower control warning and action limits for gauge measurement points
D) the use of Application Designer to create a new relationship to the asset
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: C,D | Question # 5 Answer: C |
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