Exam IAM-Certificate Topic 4 Question 61 Discussion

Actual exam question for IAM's IAM-Certificate exam
Question #: 61
Topic #: 4
What are the main cost elements of a whole-life cost approach?

Suggested Answer: D Vote an answer

Whole-life cost elements include costs incurred from the point of asset creation to its final disposal. This covers:
* Installation
* Operations and Maintenance
* Disposal or decommissioning
Exact Extract from IAM - Asset Management: An Anatomy (v4), Section 4.5.1:
"Key cost elements include initial acquisition, installation, maintenance, operation, and final disposal costs."

by Arabela at Jun 26, 2026, 02:14 AM

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