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Fundamentals of Applying Maximo Asset Management Solutions V3

Question No: 51 – (Topic 1)

What is used to compare the estimate versus actual cost for a job?

  1. The project cost accounting application

  2. Job plan resources and actual resources

  3. Work plan resources and actual resources

  4. GL debit accounts and GL credit accounts

Answer: C

Question No: 52 – (Topic 1)

Upon changing the status of an Inventory Usage record, if the available quantity’ of an item cannot satisfy the current request, what will be displayed?

  1. the Split Usage dialog box

  2. theUse on Transfer dialog box

  3. the Available Inventory dialog box

  4. the Cancel Transaction dialog box

Answer: A

Question No: 53 – (Topic 1)

What is already managed in a freshly installed IBM Maximo Asset Management solution with minimal data set up?

  1. allowance for bad debts

  2. planned and unplanned activities

  3. employee work validation reports

  4. stress fractures in asset components

Answer: B

Question No: 54 – (Topic 1)

Which two statements are true about the Application Designer? (Choose two.)

  1. Database configuration can be performed from the Application Designer.

  2. New signature security options can be added through the Application Designer.

  3. Applications that are considered base applications in Maximo can be deleted.

  4. Application XML files can be imported and exported from the Application Designer.

  5. New objects can be created at the design time of a new application from the designer.

Answer: B,D

Question No: 55 – (Topic 1)

To prepare for detailed Reliability’ Centered Maintenance (RCM) analysis, important decisions need to be made regarding the way equipment is classified from the main system to subsystem and within unit levels. This must be done in a way that is consistent with the existing maintenance strategy, tasks, routines, and levels of unit replacement. Which features and functions enable the classification and navigation through this structure?

  1. Drill Down and Classification

  2. Drill Down and Select Action

  3. Classification and Service Catalog

  4. Select Action and Service Catalog

Answer: A

Question No: 56 – (Topic 1)

What are two factors that may increase implementation time? (Choose two.)

  1. size of the organization

  2. application server being selected

  3. the J2EE methodology being selected

  4. database management system being selected

  5. the current state of the organization’s maintenance program

Answer: A,E

Question No: 57 – (Topic 1)

Which option enables a direct IBM Maximo Asset Management to Cognos integration without a need to purchase additional Cognos licenses?

  1. Use the External Reporting Integration

  2. Use the Maximo Integration Framework

  3. Use existing licenses of Cognos Reporting

  4. Use existing licenses of Tivoli Common Reporting

Answer: C

Question No: 58 – (Topic 1)

Which application allows meter readings to be entered against an asset?

  1. Meters

  2. Asset Templates

  3. Work Order Tracking

  4. Preventive Maintenance

Answer: C

Question No: 59 – (Topic 1)

What would enable an organization to utilize PM concepts?

  1. creating a PM Hierarchy so the entire hierarchy is generated

  2. the use of Application Designer tocreate a new relationship to the asset

  3. using the PM application to generate a work order from a characteristic type meter

  4. setting upper and lower control warning and action limits for gauge measurement points

Answer: D

Question No: 60 – (Topic 1)

What are two commonly used techniques for business process modeling? (Choose two.)

  1. Unified Modeling Language (UML)

  2. Business Reference Model (BRM)

  3. XML Process Definition Language (XPDL)

  4. Business Process Model and Notation (BPMN)

  5. Business Process Execution Language (BPEL)

Answer: A,D

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