IBM Assess: Fundamentals of Applying Maximo Asset Management Solutions V3

QUESTION NO: 1
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 Managementfor Oil and Gas C. IBM Maximo Asset Management for Nuclear Power D. IBM Maximo Asset Managementfor Life Sciences

Correct Answer: B

QUESTION NO: 2
What is the use of an enterprise process framework when describing a customer's business process?

A. It allows examination of the internal and external workflows and processes that impact the organization. B. It enables understanding of the differences between process steps and process management. C. It helps to easily identify, process roles and responsibilities. D. It is a virtual picture of the basic process the organization must accomplish, including its high-level steps.

Correct Answer: D

QUESTION NO: 3
Which type of contract defines an agreement to maintain one or more assets with an outside provider?

A. Price Contract B. Warrantst Contract C. LaborRate Contract D. Blanket Contract

Correct Answer: B

QUESTION NO: 4
A client has a site with two buildings and each building is a top level location. Each location has a child location such as floor, room, kitchen, and so forth. Although both of these locations are similar in location hierarchy design, one of the buildings is consistently costing more to maintain per month. How would a Solution Advisor address this issue in a short time without incurring additional costs for the client?

A. Map each location hierarchy mirroring the asset hierarchy so the client can determine what makes one location more costly than the other. B. Enact a better preventive maintenance discipline rather than relying on corrective maintenance practices. C. Use analytics to determine which assets are driving up costs. D. Revise location hierarchy to better group assets that are under performing.

Correct Answer: A

QUESTION NO: 5
What are two business areas or processes that are supported by the IBM Maximo Asset Management solution? (Choose two.)

A. Budget Allocation B. Procurement Management C. WorkforceManagement D. Work Order Management E. Fleet Management

Correct Answer: B,D

QUESTION NO: 6
What is the process for editing an approved price contract?

A. Release the contract B. Duplicate the contract C. Suspend the contract D. Revise the contract

Correct Answer: D

QUESTION NO: 7
Master preventive maintenance records can be created for which record type in IBM Maximo Asset Management?

A. Assets anditems B. Work Orders C. Items D. Locations

Correct Answer: C

QUESTION NO: 8
Which application allows meter readings to be entered against an asset?

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

Correct Answer: C

QUESTION NO: 9
Which application is used to customize rather than configure?

A. Start Centers B. Automation Scripting C. Database Configuration D. Migration Manager

Correct Answer: B

IBM Assess: Fundamentals of Applying Maximo Asset Management Solutions V3 - A2010-651 Exam Questions