1. REM - Reliability Engineering for
Maintenance questions well answered to
pass
Acceptance test - correct answer ✔✔A test conducted under specified conditions
using delivered items to determine compliance with specified requirements.
Acquisition - correct answer ✔✔Obtaining equipment or assets for use by an
organization in its business.
Asset - correct answer ✔✔Something that has potential or actual value to an
organization.
Asset (equipment) capacity - correct answer ✔✔The ability of equipment to
produce a product or provide a service at a given performance rate over a
specified time period.
Asset design specifications - correct answer ✔✔Translation of customer
requirements into a comprehensive, detailed, functional performance or design
specification used to build a particular asset.
Asset lifecycle - correct answer ✔✔Stages or phases involved in the management
of an asset during its life. These phases include concept, design and development,
build, install and commission, operations, maintenance, decommissioning and
disposal.
, Asset lifecycle cost - correct answer ✔✔The total costs incurred during an asset's
life, including design and development, build, installation and commissioning,
operations and maintenance, and disposal costs.
Asset management - correct answer ✔✔Set of coordinated activities that an
organization uses to realize value from assets in the delivery of its aim.
Asset performance management - correct answer ✔✔A set of work processes
used to maximize asset performance, mitigate risk and maximize return on
investment for a business.
Availability - correct answer ✔✔The probability that an asset is capable of
performing its intended function satisfactorily, when needed, in a stated
environment. Availability is a function of reliability and maintainability.
Capacity - correct answer ✔✔The maximum sustainable output rate that can be
achieved for a current product utilizing existing worker effort, equipment and
facilities.
Capital asset - correct answer ✔✔A physical that is held by an organization for its
production potential.
Capital project - correct answer ✔✔Projects that include new construction, major
repairs, or improvement, where the cost is capitalized rather than expended.
Maintenance questions well answered to
pass
Acceptance test - correct answer ✔✔A test conducted under specified conditions
using delivered items to determine compliance with specified requirements.
Acquisition - correct answer ✔✔Obtaining equipment or assets for use by an
organization in its business.
Asset - correct answer ✔✔Something that has potential or actual value to an
organization.
Asset (equipment) capacity - correct answer ✔✔The ability of equipment to
produce a product or provide a service at a given performance rate over a
specified time period.
Asset design specifications - correct answer ✔✔Translation of customer
requirements into a comprehensive, detailed, functional performance or design
specification used to build a particular asset.
Asset lifecycle - correct answer ✔✔Stages or phases involved in the management
of an asset during its life. These phases include concept, design and development,
build, install and commission, operations, maintenance, decommissioning and
disposal.
, Asset lifecycle cost - correct answer ✔✔The total costs incurred during an asset's
life, including design and development, build, installation and commissioning,
operations and maintenance, and disposal costs.
Asset management - correct answer ✔✔Set of coordinated activities that an
organization uses to realize value from assets in the delivery of its aim.
Asset performance management - correct answer ✔✔A set of work processes
used to maximize asset performance, mitigate risk and maximize return on
investment for a business.
Availability - correct answer ✔✔The probability that an asset is capable of
performing its intended function satisfactorily, when needed, in a stated
environment. Availability is a function of reliability and maintainability.
Capacity - correct answer ✔✔The maximum sustainable output rate that can be
achieved for a current product utilizing existing worker effort, equipment and
facilities.
Capital asset - correct answer ✔✔A physical that is held by an organization for its
production potential.
Capital project - correct answer ✔✔Projects that include new construction, major
repairs, or improvement, where the cost is capitalized rather than expended.
