Asset Management Enterprise Asset Management 5 — Questions and Answers
Question 1: Which EAM strategy allows an organization to intentionally allow non-critical assets to operate until they fail before performing repairs?
- Preventive Maintenance
- Predictive Maintenance
- Run-to-Failure (RTF) Maintenance (Correct answer)
- Reliability-Centered Maintenance
Correct answer: Run-to-Failure (RTF) Maintenance
Run-to-failure deliberately allows low-criticality assets to operate without preventive intervention, applying repair resources only after failure occurs.
Question 2: What is the main benefit of integrating EAM with a SCADA system in an industrial facility?
- Automating human resources scheduling for maintenance shifts
- Enabling real-time equipment condition data to flow into EAM for monitoring and alert generation (Correct answer)
- Generating financial depreciation schedules for capital assets
- Synchronizing EAM with external supplier catalogs
Correct answer: Enabling real-time equipment condition data to flow into EAM for monitoring and alert generation
SCADA-EAM integration feeds live operational data (temperature, pressure, vibration) directly into the EAM system, enabling automated condition alerts and data-driven maintenance decisions.
Question 3: When performing an EAM data migration from a legacy CMMS, which step is most critical to ensure ongoing data quality?
- Migrating all historical work orders regardless of age or completeness
- Cleansing, deduplicating, and standardizing asset records before import (Correct answer)
- Importing data in alphabetical order by asset name
- Preserving the original legacy system's coding structure unchanged
Correct answer: Cleansing, deduplicating, and standardizing asset records before import
Data cleansing before migration removes duplicates, corrects errors, and standardizes formats, ensuring the new EAM system starts with high-quality, reliable data.
Question 4: A facilities manager wants to evaluate whether to repair or replace an aging HVAC unit. Which EAM analysis best supports this decision?
- Inventory turnover analysis
- Repair vs. Replace (R/R) analysis (Correct answer)
- Failure mode and effects analysis
- Work order backlog review
Correct answer: Repair vs. Replace (R/R) analysis
Repair vs. Replace analysis compares the ongoing cost of maintaining an aging asset against the cost and benefits of replacing it with a newer, more efficient unit.
Question 5: Which EAM feature enables the automatic generation of a work order when a sensor reading exceeds a predefined threshold?
- Manual work request submission
- Condition-based alarm-triggered work order creation (Correct answer)
- Periodic PM schedule generation
- Audit-based inspection checklist
Correct answer: Condition-based alarm-triggered work order creation
Condition-based monitoring integrated with EAM can automatically generate work orders when sensor values breach set thresholds, enabling rapid response to developing issues.
Question 6: In EAM, 'asset decommissioning' refers to:
- Temporarily shutting down an asset for a major overhaul
- The formal process of permanently retiring an asset from service and disposing of it (Correct answer)
- Transferring ownership of an asset to another department
- Removing an asset from the PM schedule while keeping it in the registry
Correct answer: The formal process of permanently retiring an asset from service and disposing of it
Asset decommissioning is the structured end-of-life process that includes safely shutting down, removing, documenting, and disposing of an asset that has reached the end of its useful life.
Question 7: Which EAM governance practice involves periodically physically verifying that assets recorded in the system actually exist and are in the condition documented?
- Capital expenditure review
- Asset audit or physical inventory verification (Correct answer)
- Failure mode trending
- Maintenance strategy reassessment
Correct answer: Asset audit or physical inventory verification
Physical asset audits reconcile the EAM system records with real-world asset existence and condition, identifying discrepancies such as ghost assets or unrecorded disposals.
Which EAM strategy allows an organization to intentionally allow non-critical assets to operate until they fail before performing repairs?