Exam IAM-Certificate Topic 2 Question 72 Discussion
Actual exam question for IAM's IAM-Certificate exam
Question #: 72
Topic #: 2
Question #: 72
Topic #: 2
Which of these is NOT a key principle of asset management?
Suggested Answer: C Vote an answer
Reducing investment cost is atactical financial objective, not aprincipleof asset management. IAM's seven principles include value, alignment, leadership, assurance, lifecycle thinking, risk-based decision-making, and sustainability.
Exact Extract from IAM - Asset Management: An Anatomy (v4), Section 1.4 - Principles of Asset Management:
"Key principles include alignment with business objectives and applying whole-life costing-not cost reduction as a goal in itself."
Exact Extract from IAM - Asset Management: An Anatomy (v4), Section 1.4 - Principles of Asset Management:
"Key principles include alignment with business objectives and applying whole-life costing-not cost reduction as a goal in itself."
by Olivia at Jun 01, 2026, 06:14 AM
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