engineering asset management

engineering asset management

University

10 Qs

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engineering asset management

engineering asset management

Assessment

Quiz

Business

University

Practice Problem

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Suhaidah Tahir

Used 6+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is asset management?

A term used to describe people and companies who manage investments on behalf of others

A process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner

A type of electronic media content management

A systematic approach to the governance and realization of all value for which a group or entity is responsible

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does ISO 55000 provide?

Requirements for an asset management system within the context of the organization

Guidelines for the application of an asset management system

All of the above

An introduction and requirements specification for a management system for asset management

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most frequent usage of the term portfolio manager (asset manager)?

Enterprise asset management

Investment management

Physical and infrastructure asset management

Software asset management

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the difference between active asset management and passive asset management?

Active asset management is cheaper for investors

Passive asset management involves more work

Active asset management is less tailored

Passive asset management requires less looking after

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is physical and infrastructure asset management?

The combination of management, financial, economic, engineering, and other practices applied to physical assets

An accounting process that seeks to track fixed assets for financial accounting

The practice of managing the entire life cycle of digital assets

The set of business practices that join financial, contractual, and inventory functions to support life cycle management for the IT environment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is engineering asset management concerned with?

Managing the IT environment

Managing the assets of a pension fund

Managing the entire life cycle of physical and infrastructure assets

Optimizing assets in the context of the organization's goals and objectives

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is GIS-centric asset registry used for?

To standardize data and improve interoperability

To manage the entire life cycle of physical and infrastructure assets

To track fixed assets for financial accounting

To support life cycle management for the IT environment

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