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| Section | Objectives |
|---|---|
| Topic 1: Uptime® Elements Reliability Framework | - Asset Management (AM) - Reliability Engineering for Maintenance (REM) - Leadership for Reliability (LER) - Work Execution Management (WEM) - Asset Condition Management (ACM) |
1. Which of the following percentages is generally considered to define the percentage that new reliability strategies fail to create sustained business results?
A) 10% to 20%
B) 40% to 50%
C) 60% to 70%
2. Which of the following estimates represents the typical cost savings of a US $100,000 project by performing it in a proactive mode instead of a reactive mode?
A) US $25,000 to US $50,000
B) US $65,000 to US $90,000
C) US $45,000 to US $70,000
3. Which of the following types of failure patterns would a time directed task usually target?
A) Random
B) Age related
C) Infant mortality
4. What is the difference between data and information?
A) Data is purely factual, information is derived from the application of values, experience, reasoning and judgment.
B) Data exist only in information systems, information is contained in reports or through other manipulation.
C) Data are unfiltered facts, numbers, images etc. that may change over time, information is derived from data when context is applied to it.
5. The purpose of the asset management policy is to:
A) establish the intentions and direction of the organization with regards to asset management.
B) satisfy auditors that the requirements of ISO 55001 have been met.
C) provide employees with the steps required to create an asset management system.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: A |
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