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IBM Assess: Fundamentals of Applying Maximo Asset Management Solutions V3 Sample Questions:

1. Which statement best describes a gap analysis?

A) The process of analyzing different business processes in order to determine the difference or gap that exists between them.
B) A tool provided to measure the investment of time, money, and human resources required to achieve a particular outcome.
C) A technique for determining the steps to be taken in moving from a current state to a desired future state.
D) An assessment tool to help identity differences between applications.

2. Which application allows meter readings to be entered against an asset?

A) Preventive Maintenance
B) Asset Templates
C) Meters
D) Work OrderTracking

3. Which statement is true regarding IBM Maximo Asset Management?

A) It can be installed and is supported on JBoss.
B) It provides the capability to add fields to an application.
C) It is a financial accounting system.
D) It provides a GUI that complies to Java source code.

4. A customer would like to monitor meter readings on certain assets and have the system automatically generate work orders. They would like to configure upper and lower limits for specific meters and define different tasks when each limit is reached. Which functionally in IBM Maximo Asset Management will meet this business requirement?

A) Preventive Maintenance
B) Integration Framework
C) Condition Monitoring
D) Flow Control

5. Standardization of data collection practices facilitates the exchange of information between parties, e.g. plants, owners, manufacturers and contractors. ISO 14224:2006 establishes requirements that any in-house or commercially available reliability and maintenance (PM) data system is required to meet when designed for PM data exchange. Which industry solution has the benefit that addresses the specific requirements of ISO 14224:2006?

A) IBM Maximo Asset Management forTransportation
B) IBM Maximo Asset Management for Nuclear Power
C) IBM Maximo Asset Managementfor Oil and Gas
D) IBM Maximo Asset Managementfor Life Sciences

Solutions: