Asset Management Practice Exam

About Asset Management
Asset management is simply a system that helps companies keep track of all their assets, such as vehicles, equipment, and investments. Keeping tabs on the assets helps streamline operations, especially in relation to their sale or disposal.

Asset management which employs predictive modelling, risk management and optimized decision-making techniques to establish life-cycle treatment options and related long term cash flow predictions.

The combination of management, financial, economic, engineering and other practices applied to physical assets with the objective of providing the required level of service in the most cost-effective manner.

Why is Asset Management important?
An asset management system makes it possible to collect and store all asset data in one centralised dashboard. The enables businesses can identify trends, analyse data, build asset life cycles, and efficiently monitor all assets.

The benefits include
•    Real-time Asset Tracking
•    Cloud-based Asset Management - The entire asset directory can be accessed by anyone in the company, at any time, and at any location.
•    Achieve Complete Accuracy
•    Identify Ghost Assets
•    Operate with more Efficiency
•    Forecast Spending and Budgets
•    Identify Trends in the Business

Who should take the Asset Management Exam?
•    Professionals working in any sector where physical assets (including IT/ICT assets)are important
•    Experienced practitioners
•    Anyone who wants to assess their Asset Management skills
•    Professionals working in outsourced companies responsible for Asset Management
•    Any professional with skills and knowledge on Asset Management
•    Anyone interested in Asset Management

Knowledge and Skills required for the Asset Management

Analytical bent of mind, quick learning skills and communication skills helps candidate to gain success in asset management career.

Asset Management Practice Exam Objective

Asset Management exam focuses on assessing in concepts and application of asset risks, life cycle and management

Asset Management Practice Exam Pre-requisite

There are no prerequisites for the Asset Management exam.

Asset Management Certification Course Outline

1. Principles of Asset Management
2. Asset Management Policy, Strategy & Planning
3. Managing Asset Life Cycle Decisions and Activities
4. Assessing and Managing Asset Management Risks
5. Finance and Business Impact


Exam Format and Information
Certification name – Asset Management Certification
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees - INR 1199