Certified Reliability Leader - ACM !| !| !| !| !|
Green Book Exam with verified !| !| !| !| !|
detailed answers !|
What is asset condition information? - Correct answer ✔compromises all the
!| !| !| !| !| !| !| !| !| !| !|
data, observations, and conditions of an asset. It is the cumulative condition
!| !| !| !| !| !| !| !| !| !| !| !|
of an asset over its lifecycle. This approach enables day to day decision
!| !| !| !| !| !| !| !| !| !| !| !| !|
support as well as prognostics of future conditions.
!| !| !| !| !| !| !|
What has been one of the fastest growing areas in asset management in the
!| !| !| !| !| !| !| !| !| !| !| !| !| !|
last 20 years? - Correct answer ✔asset condition information
!| !| !| !| !| !| !| !|
What is the key to Aci management - Correct answer ✔the correlation of
!| !| !| !| !| !| !| !| !| !| !| !| !|
information to support the most value driven solutions possible !| !| !| !| !| !| !| !|
It is important to know 3 things in asset condition monitoring - Correct
!| !| !| !| !| !| !| !| !| !| !| !| !|
answer ✔what to monitor and with what method, when to monitor and
!| !| !| !| !| !| !| !| !| !| !| !|
automate the act of collecting data, and how to automate the consolidation
!| !| !| !| !| !| !| !| !| !| !| !|
and analysis to the data collected to be able to make timely and accurate
!| !| !| !| !| !| !| !| !| !| !| !| !| !|
maintenance decisions !|
when implementing condition monitoring, typically two different approaches
!| !| !| !| !| !| !| !|
are used to decide what method to use to detect a failure mode. - Correct
!| !| !| !| !| !| !| !| !| !| !| !| !| !| !|
answer ✔1. to select an area or plant and implement one new asset
!| !| !| !| !| !| !| !| !| !| !| !| !|
, condition monitoring technique 2. the better approach which is to conduct a
!| !| !| !| !| !| !| !| !| !| !| !|
reliability analysis. !|
asset management standard - Correct answer ✔ISO55001
!| !| !| !| !| !|
With automation of condtion information - Correct answer ✔readings are
!| !| !| !| !| !| !| !| !| !|
consolidated into one central repository and analyzed in a timely manner.
!| !| !| !| !| !| !| !| !| !| !|
Therefore degradation trends are visible and there is a clear line of sight with
!| !| !| !| !| !| !| !| !| !| !| !| !| !|
the ability to trace a condition indicator at any time down to the failure
!| !| !| !| !| !| !| !| !| !| !| !| !| !|
mode.
asset - Correct answer ✔something that has potential or actual value to an
!| !| !| !| !| !| !| !| !| !| !| !| !|
organization
asset management - Correct answer ✔set of coordinated activities that an
!| !| !| !| !| !| !| !| !| !| !|
organization uses to realize value from assets in the delivery of its aim.
!| !| !| !| !| !| !| !| !| !| !| !|
asset management strategy - Correct answer ✔documented information that
!| !| !| !| !| !| !| !| !|
specifies how organizational objectives are to be converted into asset mgmt
!| !| !| !| !| !| !| !| !| !| !|
objectives, the approach for developing asset mgmt plans, and the roles of
!| !| !| !| !| !| !| !| !| !| !| !|
the asset mgmt system to support achievement of the asset objectives also
!| !| !| !| !| !| !| !| !| !| !| !|
known as strategic asset mgmt plan. (SAMP)
!| !| !| !| !| !|
asset type - Correct answer ✔grouping of assets that have common
!| !| !| !| !| !| !| !| !| !| !|
characteristics that distinguish them as group or class. !| !| !| !| !| !| !|
Green Book Exam with verified !| !| !| !| !|
detailed answers !|
What is asset condition information? - Correct answer ✔compromises all the
!| !| !| !| !| !| !| !| !| !| !|
data, observations, and conditions of an asset. It is the cumulative condition
!| !| !| !| !| !| !| !| !| !| !| !|
of an asset over its lifecycle. This approach enables day to day decision
!| !| !| !| !| !| !| !| !| !| !| !| !|
support as well as prognostics of future conditions.
!| !| !| !| !| !| !|
What has been one of the fastest growing areas in asset management in the
!| !| !| !| !| !| !| !| !| !| !| !| !| !|
last 20 years? - Correct answer ✔asset condition information
!| !| !| !| !| !| !| !|
What is the key to Aci management - Correct answer ✔the correlation of
!| !| !| !| !| !| !| !| !| !| !| !| !|
information to support the most value driven solutions possible !| !| !| !| !| !| !| !|
It is important to know 3 things in asset condition monitoring - Correct
!| !| !| !| !| !| !| !| !| !| !| !| !|
answer ✔what to monitor and with what method, when to monitor and
!| !| !| !| !| !| !| !| !| !| !| !|
automate the act of collecting data, and how to automate the consolidation
!| !| !| !| !| !| !| !| !| !| !| !|
and analysis to the data collected to be able to make timely and accurate
!| !| !| !| !| !| !| !| !| !| !| !| !| !|
maintenance decisions !|
when implementing condition monitoring, typically two different approaches
!| !| !| !| !| !| !| !|
are used to decide what method to use to detect a failure mode. - Correct
!| !| !| !| !| !| !| !| !| !| !| !| !| !| !|
answer ✔1. to select an area or plant and implement one new asset
!| !| !| !| !| !| !| !| !| !| !| !| !|
, condition monitoring technique 2. the better approach which is to conduct a
!| !| !| !| !| !| !| !| !| !| !| !|
reliability analysis. !|
asset management standard - Correct answer ✔ISO55001
!| !| !| !| !| !|
With automation of condtion information - Correct answer ✔readings are
!| !| !| !| !| !| !| !| !| !|
consolidated into one central repository and analyzed in a timely manner.
!| !| !| !| !| !| !| !| !| !| !|
Therefore degradation trends are visible and there is a clear line of sight with
!| !| !| !| !| !| !| !| !| !| !| !| !| !|
the ability to trace a condition indicator at any time down to the failure
!| !| !| !| !| !| !| !| !| !| !| !| !| !|
mode.
asset - Correct answer ✔something that has potential or actual value to an
!| !| !| !| !| !| !| !| !| !| !| !| !|
organization
asset management - Correct answer ✔set of coordinated activities that an
!| !| !| !| !| !| !| !| !| !| !|
organization uses to realize value from assets in the delivery of its aim.
!| !| !| !| !| !| !| !| !| !| !| !|
asset management strategy - Correct answer ✔documented information that
!| !| !| !| !| !| !| !| !|
specifies how organizational objectives are to be converted into asset mgmt
!| !| !| !| !| !| !| !| !| !| !|
objectives, the approach for developing asset mgmt plans, and the roles of
!| !| !| !| !| !| !| !| !| !| !| !|
the asset mgmt system to support achievement of the asset objectives also
!| !| !| !| !| !| !| !| !| !| !| !|
known as strategic asset mgmt plan. (SAMP)
!| !| !| !| !| !|
asset type - Correct answer ✔grouping of assets that have common
!| !| !| !| !| !| !| !| !| !| !|
characteristics that distinguish them as group or class. !| !| !| !| !| !| !|
