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
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

The Institute of Asset Management IAM-Certificate Exam - Topic 5 Question 4 Discussion

Which statement is INCORRECT?
C) The Asset Management Policy should be derived from all other relevant organisational policies
A) The Asset Management Policy should be consistent and aligned with all other relevant organisational policies
B) The Asset Management Policy should be consistent and aligned with the corporate objectives and strategy
D) All above true

The Institute of Asset Management IAM-Certificate Exam - Topic 5 Question 4 Discussion

Actual exam question for The Institute of Asset Management's IAM-Certificate exam
Question #: 4
Topic #: 5
[All IAM-Certificate Questions]

Which statement is INCORRECT?

Show Suggested Answer Hide Answer
Suggested Answer: C

TheAsset Management Policyis notderived fromother policies---it isaligned withthem. It expresses high-level intent and governs other plans and strategies, not the reverse.

Exact Extract from ISO 55001:2014, Clause 5.2 -- Asset Management Policy:

''The asset management policy shall be consistent with other relevant organizational policies and aligned with the organization's strategic plan.''


by Moon at Apr 01, 2026, 10:46 AM

Limited Time Offer

25%

Off

Get Premium IAM-Certificate Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Bernardine
2 months ago
D can't be true if C is wrong. Gotta pick C!
upvoted 0 times
...
Rima
2 months ago
I agree, C seems off. Policies should align, not derive.
upvoted 0 times
...
Cheryl
2 months ago
I think C is incorrect. It shouldn't derive from all policies.
upvoted 0 times
...
Shayne
3 months ago
Totally agree with A, it’s all about consistency!
upvoted 0 times
...
Shala
3 months ago
Wait, are we sure about B? Seems a bit vague.
upvoted 0 times
...
Allene
3 months ago
D can't be right, there's always one incorrect!
upvoted 0 times
...
Yuki
4 months ago
I think C is the one that's off.
upvoted 0 times
...
Tamekia
5 months ago
A is definitely true, policies need to align.
upvoted 0 times
...
Shaniqua
5 months ago
I practiced a similar question where the focus was on alignment with strategy. I feel like B and A are solid, but I’m not confident about C.
upvoted 0 times
...
Jeff
6 months ago
I think A is correct because consistency with other policies is crucial. But I’m a bit confused about D; could all of them be true?
upvoted 0 times
...
Chantell
6 months ago
I’m not sure about C. It seems like the policy should be informed by other policies, but derived from all of them? That feels off.
upvoted 0 times
...
Catalina
6 months ago
I remember discussing how the Asset Management Policy needs to align with corporate objectives, so I think B is definitely true.
upvoted 0 times
...

Save Cancel