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

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

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

Which statement is INCORRECT?

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.''


Get Premium IAM-Certificate Questions as Interactive Web-Based Practice Test or PDF Real Exam Format Detailed Explanations Instant Access Get Your Practice Test
12 comments · newest first
BE
Bernardine 4 months ago
D can't be true if C is wrong. Gotta pick C!
RI
Rima 4 months ago
I agree, C seems off. Policies should align, not derive.
CH
Cheryl 4 months ago
I think C is incorrect. It shouldn't derive from all policies.
SH
Shayne 4 months ago
Totally agree with A, it’s all about consistency!
SH
Shala 4 months ago
Wait, are we sure about B? Seems a bit vague.
AL
Allene 4 months ago
D can't be right, there's always one incorrect!
YU
Yuki 6 months ago
I think C is the one that's off.
TA
Tamekia 6 months ago
A is definitely true, policies need to align.
SH
Shaniqua 7 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.
JE
Jeff 7 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?
CH
Chantell 7 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.
CA
Catalina 7 months ago
I remember discussing how the Asset Management Policy needs to align with corporate objectives, so I think B is definitely true.
0/2000 characters

Save Cancel