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

1. Which inventory costing option would be used if the items are utilized in the order in which they are received?

A) FIFO
B) LEO
C) LILO
D) FILO

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

3. PMs are generating automatically and the schedule needs to be changed for a single PM. What is the best way to achieve this?

A) Revise the PM with the new date
B) Edit the next due date and reset the count
C) Change the status and edit the last date
D) Set the extended date and adjust next date

4. Which step is necessary to automate the process of creating work orders for PMs?

A) Set the PM status to APPP
B) Activate PMwoGencrontask
C) Update the Autogen property
D) Enable the Forecast action

5. Master preventive maintenance records can be created for which type of record in IBM Maximo Asset Management?

A) Non-rotating Assets
B) Routes
C) Work Orders
D) Items

Solutions: