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

1. Which type of contract represents an agreement to spend a predetermined amount with a vendor over a period of time?

A) Labor Rate Contract
B) Warranty Contract
C) Price Contract
D) Blanket Contract

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

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

3. In which two applications can users issue items? (Choose two.)

A) Inventory
B) Service Items
C) Inventory Usage
D) Item Master
E) Storerooms

4. A client has a site with two buildings and each building is a top level location. Each location has a child location such as floor, room, kitchen, and so forth. Although both of these locations are similar in location hierarchy design, one of the buildings is consistently costing more to maintain per month. How would a Solution Advisor address this issue in a short time without incurring additional costs for the client?

A) Revise location hierarchy to better group assets that are under performing.
B) Use analytics to determine which assets are driving up costs.
C) Map each location hierarchy mirroring the asset hierarchy so the client can determine what makes one location more costly than the other.
D) Enact a better preventive maintenance discipline rather than relying on corrective maintenance practices.

5. Which application should be used to update the asset type for ten different existing assets in a single transaction?

A) Assets
B) Classifications
C) Equipment
D) Asset Templates

Solutions: