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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

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Yuki
1 month ago
I think C is the one that's off.
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Tamekia
2 months ago
A is definitely true, policies need to align.
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Shaniqua
2 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.
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Jeff
3 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?
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Chantell
3 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.
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Catalina
3 months 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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