EFFICIENT CIPS - L4M7 - CIPS WHOLE LIFE ASSET MANAGEMENT LATEST MATERIALS

Efficient CIPS - L4M7 - CIPS Whole Life Asset Management Latest Materials

Efficient CIPS - L4M7 - CIPS Whole Life Asset Management Latest Materials

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Tags: L4M7 Latest Materials, L4M7 Latest Exam Pdf, L4M7 Pass Test, Detail L4M7 Explanation, Valid Test L4M7 Braindumps

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CIPS L4M7 certification exam covers a range of topics, including the principles of whole-life asset management, asset management strategies, the role of technology in asset management, and the importance of sustainability in asset management. L4M7 exam is designed to test a candidate's understanding and application of these topics in real-world situations. Successful completion of the CIPS L4M7 Certification Exam demonstrates that a candidate has the knowledge and skills necessary to manage assets effectively, efficiently, and sustainably throughout their entire life cycle.

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CIPS Whole Life Asset Management Sample Questions (Q101-Q106):

NEW QUESTION # 101
Bulk loose coal that requires massive handling system should be stored in which area?

  • A. Stockyard
  • B. Store
  • C. Chill hub
  • D. Heating warehouse

Answer: A

Explanation:
Materials that will not easily deteriorate, are generally stored in open or fairly covered areas (stockyard). The materials are usually in bulk, like steel plates or coils casting, timber coal, steel barrels, cable drums, piping, lampposts, lorries, etc.
Stockyards are open or semi-covered areas that are used for the following:
- Bulk loose or packaged materials
- Bulky or oversized items that may be difficult to move inside
- Materials that may require specialised handling, loading or unloading Below image shows the example of a stockyard that stores loose coal and its handling system.

LO 1, AC 1.1


NEW QUESTION # 102
The optimum balance in the standard ISO 18602:2013 (Packaging and the environment - Optimi-zation of the packaging system) considers which of the following factors?
1. Environmental impact of losses due to lack of packaging
2. The process for packaging design, including material selection
3. Procedures and requirements for packaging that are suitable for organic recycling
4. Environmental impact of excess packaging

  • A. 2 and 4 only
  • B. 1 and 3 only
  • C. 1 and 4 only
  • D. 2 and 3 only

Answer: C

Explanation:
ISO 18602:2013 is about Packaging and the environment - Optimization of the packaging system. ISO
18602:2013 specifies requirements and a procedure for assessment of packaging to ensure that the weight or volume of its material content is optimized consistent with the functions of packaging. This is one of several options for reducing the impact of packaging on the environment.
It also provides methodologies and procedures for
- determining the amount and minimization of substances or mixtures hazardous to the environ-ment, and
- determining the amount of four heavy metals (lead, cadmium, mercury, hexavalent chromium) in packaging.
The optimum balance in this standard weighs the environmental impact of losses that may happen with no packaging or inadequate packaging against the environmental impact from excess packag-ing.
The process for packaging design, including material selection, is not part of ISO 18602:2013.
The procedure for applying ISO 18602:2013 is contained in ISO 18601.


NEW QUESTION # 103
MRP software is applied to schedule which of the following?

  • A. Tax accounting
  • B. Human resource management
  • C. Executive meetings
  • D. Production processes

Answer: D

Explanation:
Material Requirements Planning (MRP) software manages material requirements for manufacturing processes.
LO 2, AC 2.3


NEW QUESTION # 104
Which of the following factors influence stock-holding policy for slow-moving items?
* Item cost
* Surplus cost
* Shortage cost
* Lead time

  • A. 1, 2 and 3 only
  • B. 1, 3 and 4 only
  • C. 2, 3 and 4 only
  • D. 1, 2 and 4 only

Answer: A


NEW QUESTION # 105
When decommissioning a piece of equipment, there may be an amount of contaminated hazardous waste that will need to be disposed of. Which of the following would need to be considered?
* Whether it would be possible to recycle the waste and reuse it in another production process
* Determining the most cost-effective method to dispose of the waste to minimize cost to the business
* What the type of waste is and if it needs to be disposed of by a specialized organization
* The applicable waste management legislation that applies in the country concerned

  • A. 1 and 2 only
  • B. 1 and 3 only
  • C. 2 and 3 only
  • D. 3 and 4 only

Answer: D

Explanation:
When disposing of hazardous waste, it is essential to:
* Identify the type of waste: Some waste requires special handling and disposal by certified organizations.
* Comply with legislation: Proper disposal is mandated by local, national, or international waste management laws, ensuring public safety and environmental protection.
Whole-life asset management emphasizes responsible decommissioning practices to minimize environmental impact and adhere to regulatory compliance.


NEW QUESTION # 106
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