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

1. A customer says their ERP solution alone is sufficient to manage their assets. Which statement is true?

A) An asset-intensive company that experiences a severe safety incident can easily have a problem measured in the hundreds of millions of dollars.
B) Organizations that manage mission critical asset infrastructures will rely primarily on ERP systems because government regulations require it.
C) An asset-intensive company who has an ERP solution is at minor risk in only using the ERP modules for asset management.
D) The larger the number of assets a company has, the less risk that exists around these assets because a loss of a single asset is not very significant.

2. What are two business areas or processes that are supported by the IBM Maximo Asset Management solution? (Choose two.)

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

3. A customer requirement is to have a script execute at the time when the user clicks the Save button. Which launch point would be recommended to the user to create?

A) Custom Condition launch point
B) Object launch point
C) Action launch point
D) Attributelaunch point

4. In which application are new asset types created?

A) Classifications
B) Assets
C) Specifications
D) Domains

5. What are two correct statements regarding the use of sites? (Choose two)

A) Different sites keep certain operations separate according to the needs of their business practices and the constraints of the Maximo architecture.
B) Once a site is created the record cannot be deleted through the user interface; however, the site can be made inactive.
C) All sites use the same instance of IBM Maximo Asset Management (Maximo) running on an application server.
D) Each site can have its own distinct base currency.
E) Each site must correspond to an actual location hierarchy.

Solutions: