Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

CIPS Exam L4M8 Topic 8 Question 60 Discussion

Actual exam question for CIPS's L4M8 exam
Question #: 60
Topic #: 8
[All L4M8 Questions]

Justify which of the five approaches to condition performance monitoring you think is the most cost effective within whole life asset management.

Show Suggested Answer Hide Answer
Suggested Answer: A

Contribute your Thoughts:

Lashawna
21 days ago
Exactly, proactive approach focuses on continuous improvement which can lead to overall cost savings.
upvoted 0 times
...
Samuel
1 months ago
Preventive maintenance may be cheaper upfront, but proactive approach can prevent major breakdowns and save more in the long term.
upvoted 0 times
...
Rhea
1 months ago
I'm all about that proactive life. Eliminating defects and optimizing the system? Sounds like a no-brainer to me.
upvoted 0 times
Jeff
14 days ago
User 2
upvoted 0 times
...
Latia
27 days ago
User 1
upvoted 0 times
...
...
Daryl
2 months ago
But wouldn't preventive maintenance be more cost-effective in the long run?
upvoted 0 times
...
Joni
2 months ago
Predictive maintenance is the way to go. Why wait for things to break when you can fix them before they become a problem?
upvoted 0 times
...
Dyan
2 months ago
Haha, 'use it like a commodity' and 'run to failure'? Sounds like a recipe for disaster. I'll pass on those options.
upvoted 0 times
Rana
19 days ago
User 2
upvoted 0 times
...
Isadora
20 days ago
User 1
upvoted 0 times
...
...
Lashawna
2 months ago
I agree with Samuel. Being proactive can minimize downtime and optimize the system.
upvoted 0 times
...
Eden
2 months ago
I don't know, preventive maintenance might be the most cost-effective. Who wants to deal with constant breakdowns, am I right?
upvoted 0 times
...
Aja
2 months ago
Proactive approach seems like the way to go. Continuous improvement to eliminate defects? Sign me up!
upvoted 0 times
Dusti
21 days ago
User 3: Proactive approach sounds like the most cost-effective option for sure.
upvoted 0 times
...
Lauran
28 days ago
User 2: Absolutely, continuous improvement is key to minimizing downtime.
upvoted 0 times
...
Cherilyn
29 days ago
User 1: I agree, being proactive is definitely the way to go.
upvoted 0 times
...
...
Samuel
2 months ago
I think the most cost-effective approach is 'Proactive'. It helps in continuous improvement and defect elimination.
upvoted 0 times
...

Save Cancel