Enterprise Asset Management Practice Exam

About Enterprise Asset Management
Enterprise asset management (EAM) is a combination of software, systems and services used to maintain and control operational assets and equipment. The aim is to optimize the quality and utilization of assets throughout their lifecycle, increase productive uptime and reduce operational costs.
Enterprise asset management involves work management, asset maintenance, planning and scheduling, supply chain management and environmental, health and safety (EHS) initiatives.

In the Internet of Things (IoT) era — with everything from valves to vehicles connected by sensors and systems — practitioners are incorporating advanced analytics and artificial intelligence (AI) into EAM. Data gathered from instrumented assets is analyzed using AI techniques. The resulting insights help maintenance teams make better decisions, enhance efficiency, perform preventive maintenance and maximize investments in their physical assets.

Why is Enterprise Asset Management important?
Enterprise Asset Management (EAM) originated from CMMS, but the primary goal of EAM is to optimize an assets life cycle in order to decrease the Total Cost of Ownership (TCO) and at the same time maximizing overall asset productivity and Return on Asset (ROA).

There are several reasons to use EAM, including:
•    Maximizing return on assets (ROA)
•    Reducing costs and risks.
•    Making informed decisions about assets.
•    Reducing total cost of ownership (TCO)
•    Increasing uptime and improve predictability.

Who should take the Enterprise 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 Enterprise Asset Management skills
•    Professionals working in outsourced companies responsible for Enterprise Asset Management
•    Any professional with skills and knowledge on Enterprise Asset Management
•    Anyone interested in Enterprise Asset Management

Knowledge and Skills required for the Enterprise Asset Management

Candidates gain quick success if they have skills of critical thinking and good communication skills.

Enterprise Asset Management Practice Exam Objectives

Enterprise Asset Management exam focuses on assessing your skills and knowledge in asset management policy, life cycle and management.

Enterprise Asset Management Practice Exam Pre-requisite

There are no prerequisites for the Enterprise Asset Management exam.

Enterprise 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 – Enterprise 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