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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?

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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

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Tamekia
4 days ago
A is definitely true, policies need to align.
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Shaniqua
25 days 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.
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Jeff
1 month 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?
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Chantell
1 month 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.
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Catalina
1 month ago
I remember discussing how the Asset Management Policy needs to align with corporate objectives, so I think B is definitely true.
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