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Which of the following actions should personnel use after they have failed to keep their word?

A.

Make a new commitment

B.

Clean up the mess at the earliest possible opportunity

C.

Express their initial intention

Which of the following is included in the asset management policy?

A.

A plan for achieving the organization’s objectives

B.

The organizational objectives and company aim

C.

The asset manager’s roles and responsibilities

Which of the following is the main factor in conducting a failure mode and effects analysis?

A.

Asset damage

B.

Asset risk

C.

Asset output

Which of the following is usually a significant challenge in transitioning from the reactive to planned domain?

A.

Focusing on planned work while performing reactive work

B.

Focusing on planned work while ignoring reactive work

C.

Focusing on reactive work while performing planned work

Which of the following is a best practice for the frequency of compressed air leak detection testing?

A.

Annually

B.

Bi-annually

C.

Quarterly

Who is the asset management policy owned by?

A.

The asset management department/division

B.

The human resources department

C.

Senior/top management

Which of the following are the three most common constraints when establishing a reliability organization?

A.

Engineering/Budget/Human Resources

B.

Budget/Culture/Engineering

C.

Culture/Technical Skills/Resources

Which of the following does reliability centered maintenance ensure?

A.

Maintenance cost lowered

B.

Physical assets deliver intended function

C.

Warranty compliance

Which of the following is usually regarded as a long-term benefit of asset management?

A.

Entire asset lifecycle decisions

B.

Increased sales

C.

Reduced spares

Which of the following drives the decision to dispose of an asset?

A.

Value

B.

Budget

C.

Age