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Exam : IBM 000-015
Title : IBM Maximo Asset Management V7.1 Implementation


1. When creating a purchase contract, what is the purpose of checking the Change Price on Use field?
A.It specifies that the price in the purchase order (PO) is only an estimated price.
B.It specifies that when a PO is issued against this contract, the price must be changed.
C.It specifies that the price of a given related item can be changed on related POs or purchase requests.
D.It specifies that the price of a given item specified in the Master Contract is reduced or increased, based on market conditions.
Answer: C

2. The appropriate status to invoke a Preventive Maintenance (PM) alert has been determined to be in the Organization application.
What is the Select Action menu item where this can be set?
A.PM options
B.Asset options
C.System settings
D.Work Order options
Answer: A

3. Which applications record the history of attribute changes made on the Specifications tab, without having to use e-Audit as defined in Database Configuration?
A.Asset, Configuration Item
B.Job Plan, Ticket Template
C.Item Master, Service Item, Tool, Job Plan
D.Asset, Location, Item Master, Service Item, Tool
Answer: A

4. Where are Ticket Templates used?
A.Work Requests
B.Service Requests
C.Desktop Requisitions
D.Work Order Tracking
Answer: B

5. Which item type(s) can be used as a rotating item on both an Asset and a Location?
A.Item only
B.Item and Tool only
C.Item, Service Item, Tool
D.Item and Service Item only
Answer: B

6. What is the purpose of a Condition Rate?
A.to create alternate paths in Workflows
B.to assign relative values to inventory items
C.to assign values to personnel for labor purposes
D.to indicate the costs associated with inventory items
Answer: B

7. Which statement is true about the Users and Custodians functionality?
A.Users and Custodians can be created for Assets. A User is someone who uses the Asset. A Custodian is someone responsible for the care of the Asset. For each person entered, the User field, the Custodian field or both must be checked. One person can be nominated as the Primary Contact for the Asset.
B.Users and Custodians can be created for Assets and Locations. A User is someone who uses the Asset or Location. A Custodian is someone responsible for the care of the Asset or Location. For each person entered, either the User field or the Custodian field or both fields must be checked. One person can be nominated as the Primary Contact for the Asset or Location.
C.User and Custodians can be created for Assets, Locations and Configuration Items (CIs). The dialog box has a table window for creating Users and Custodians and another for creating Primary Contacts who are used for communicating information about the Asset, Location or CI by email or bulletin board. A person can be a user or a custodian, or both a user and a custodian.
D.Users and Custodians can be created for Assets and Locations. A User is someone who uses the Asset. A Custodian is someone responsible for the care of the Asset. The Primary Contact is used for communicating information about the Asset or Location by email or bulletin board. These three fields act like a radio button, only one of them can be checked on each person record.
Answer: B

8. From which three applications is it possible to create a Work Order? (Choose three.)
A.Assets
B.Routes
C.Job Plan
D.Work View
E.Configuration Items
F.Condition Monitoring
Answer: AEF

9. Which three objects have rotating records? (Choose three.)
A.Person
B.Assets
C.Locations
D.Job Plans
E.Item Master
F.Service Items
Answer: BCE

10. When can Material Receipts be changed if inspection is not required?
A.prior to saving the Receipt Line
B.prior to inspecting the Receipt Line
C.prior to approving the Receipt Line
D.prior to completing the Receipt Line
Answer: A

11. What is a Failure Code hierarchy?
A.Problem, Cause, Remedy hierarchy based on a Work Classification
B.Problem, Cause, Remedy hierarchy based on an Asset Classification
C.Problem, Cause, Remedy hierarchy based on a Failure Classification
D.Problem, Cause, Remedy hierarchy based on a Location Classification
Answer: C

12. Which field(s) are hidden on the Asset application and may need the Application Designer in order to display them?
A.Priority
B.Failure Class
C.Calendar and Shift Number
D.GL Account, Warranty Expiry Date
Answer: D

13. Which statement is correct?
A.Any type of Ticket or Work Order can be created from the Asset, Location and Configuration Item (CI) applications.
B.A Service Request, Incident, Problem, Work Order, Change or Release in the Assets, Locations and CI applications can be created.
C.A Service Request or Work Order can be created from the Assets and Locations applications. A Ticket or Work Order cannot be created from the CI application.
D.Any type of Ticket or Work Order can be created from the Assets and Locations applications, but you can not create an activity or task. A Ticket or Work Order cannot be created from the CI application.
Answer: B

14. Click the Exhibit button.
The diagram in the exhibit shows a dialog box that opens when the Select Value option is selected from the Asset or Location field on a Service Request. The Filter By field has three options User/Custodian, Public and All.
In which application can the default for this field be changed?
A.Organizations
B.Service Requests
C.Application Designer
D.Database Configuration
Answer: D