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1. What are two valid types of Purchase Contracts?
A) Subscription
B) Price
C) Warranty
D) Lease
E) Blanket
2. Which purpose is served by the Count Books application in Maximo Manage?
A) To create preventive maintenance records
B) To define labor shifts
C) To manage cycle counts and reconcile inventory
D) To configure financial budgets
3. The organization has projects that span multiple fiscal years, requires alerts if spending exceeds the budget, and needs asset values to be adjusted automatically each year based on depreciation schedules.
How should a Maximo administrator configure the system when an organization wants to track maintenance project costs against allocated budgets while also managing the depreciation of critical assets over their lifecycle?
A) Use crew assignments for cost tracking and preventive maintenance for lifecycle management
B) Configure workflow approvals to block work orders once they reach 80% of estimated costs
C) Configure Chart of Accounts, set up budget monitoring rules, and define asset depreciation schedules
D) Create job plan routes with budgets tied to labor costs only
4. Which feature enables users to record the consumption of materials from storerooms?
A) Workflow application
B) Job plan application
C) Inventory Usage application
D) Calendar application
5. Which statement explains why workflow automation reduces manual errors in Maximo Manage?
A) It disables all security group settings
B) It restricts workflows to one site
C) It enforces consistent approvals and notifications
D) It allows ad-hoc manual overrides only
Solutions:
| Question # 1 Answer: B,E | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: C |
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