TEST MODUL 5

1. This involves active tasks such as studying the client's assets to planning and looking after the investments, all things are looked after by the asset managers and recommendations are provided based on the financial health of each client.

This is statement of .....

• A. Income asset management

• B. Active asset management

• C. Outcome asset management

• D. Passive asset management

2. Business impact management is the practice of understanding the risks your business processes face and mitigating, or formally accepting, the impact of those risks.

• A. True

• B. False

3. What is the main responsibility of The Investment Decision Maker's?

• A. to commit funds for the programme or project

• B. to manage asset in business process

• C. to maintain the value of asset

• D. to observe the risk

4. which can be used as value monetization !

• A. Risk

• B. Benefit

• C. Cost

• D. All true

5. Which of the following statements is true !

• A. Risk and value are central to modern asset management techniques

• B. Risk drives the need for sustainment intervention

• C. Value is core to all investments

• D. All true

6. Which is not a key stages in the risk management process .....

• A. Analyze the risk

• B. Monitor and Review the risk

• C. Manage the risk

• D. Treat the Risk

7. What is meant by impact assessment?

• A. Measuring the effectiveness of organisational activities and judging the significance of changes brought about by those activities

• B. Loss control and risk reduction are two results of the same critical calculation for rating and competitive advantage

• C. The probability of an event and its consequences

• D. Identification and evaluation of internal controls related to activities

8. An asset maintenance management strategy is a strategy solely to manage the maintenance activities, costs, parts, etc, for your assets.

• A. False

• B. True

9. What is a risk treatment ?

• A. is the purchase of a company by buying its assets instead of its stock.

• B. is a strategy solely to manage the maintenance activities, costs, parts, etc., for your assets

• C. is a systematic approach to the production, organization, planning, and maintenance of all assets within an organization

• D. is the process of developing, selecting, and implementing measures to modify a risk for the reduction of negative impacts, or to maximise opportunities on the upside of a risk

10. Asset management leadership is crucial in an organisation aspiring to deliver effective asset management.

• A. True

• B. False