CHAMP CERTIFIED HARDWARE ASSET MANAGEMENT
PROFESSIONAL UPDATED ACTUAL QUESTIONS AND
CORRECT ANSWERS
Question:
1. Role of the Hardware Asset Manager
Answer:
Documentation, due diligence, Financial responsibility
Question:
2. Implementing a Program
Answer:
Programs do not end I business infrastructure with Policies Programs do not end
Question:
3. Different roles /hats of a HAM
Answer:
PM Team Lead Process Expert
Question:
4. A project Manger is...
Answer:
Tasked with the success of the project
Question:
5. A process expert is...
Answer:
the process expert or SME
Question:
6. A team lead...
Answer:
Manages the team
Question:
7. Project planning
Answer:
Triple constraint
Question:
8. Tools and automation
Answer:
Automate early and build for long term considerations
, Question:
9. ITAM Repository
Answer:
a software application that focus on the collection of financial, contractual, and inventory data
Question:
10. Formal Vendor and Product selection
Answer:
RFI= Request for Information RFP= Request for Purchase RFB= Request for Bid RFQ= Request for quote
Mostly RFQ and RFB's
Question:
11. BANTA
Answer:
Best alternative to a negotiated agreement
Question:
12. VPA
Answer:
Volume Purchase Agreement
Question:
13. Recieving
Answer:
-Begins prior to the receipt of the asset
-Additional tasks beyond accepting the delivery
-Vital step of ITAM
Question:
14. Volume Purchase Agreements
Answer:
organization commits to a level of purchasing for a given time period. Sometimes the volume pricing
applies from the initial purchase and in other deals; a sliding price scale is used as purchases take place
Question:
15. Criteria for Management
Answer:
Cost of Asset Volume of assets Estimated life expectancy Expectation or maintaining stock internally
maintenance costs Costs and contracts associated to assets Security risks legislated governance Leasing
Impact of loss of productivity Mobility
Question:
16. What Does ERP stand for
Answer:
Enterprise Resource Planning
PROFESSIONAL UPDATED ACTUAL QUESTIONS AND
CORRECT ANSWERS
Question:
1. Role of the Hardware Asset Manager
Answer:
Documentation, due diligence, Financial responsibility
Question:
2. Implementing a Program
Answer:
Programs do not end I business infrastructure with Policies Programs do not end
Question:
3. Different roles /hats of a HAM
Answer:
PM Team Lead Process Expert
Question:
4. A project Manger is...
Answer:
Tasked with the success of the project
Question:
5. A process expert is...
Answer:
the process expert or SME
Question:
6. A team lead...
Answer:
Manages the team
Question:
7. Project planning
Answer:
Triple constraint
Question:
8. Tools and automation
Answer:
Automate early and build for long term considerations
, Question:
9. ITAM Repository
Answer:
a software application that focus on the collection of financial, contractual, and inventory data
Question:
10. Formal Vendor and Product selection
Answer:
RFI= Request for Information RFP= Request for Purchase RFB= Request for Bid RFQ= Request for quote
Mostly RFQ and RFB's
Question:
11. BANTA
Answer:
Best alternative to a negotiated agreement
Question:
12. VPA
Answer:
Volume Purchase Agreement
Question:
13. Recieving
Answer:
-Begins prior to the receipt of the asset
-Additional tasks beyond accepting the delivery
-Vital step of ITAM
Question:
14. Volume Purchase Agreements
Answer:
organization commits to a level of purchasing for a given time period. Sometimes the volume pricing
applies from the initial purchase and in other deals; a sliding price scale is used as purchases take place
Question:
15. Criteria for Management
Answer:
Cost of Asset Volume of assets Estimated life expectancy Expectation or maintaining stock internally
maintenance costs Costs and contracts associated to assets Security risks legislated governance Leasing
Impact of loss of productivity Mobility
Question:
16. What Does ERP stand for
Answer:
Enterprise Resource Planning
