000-005 answers

000-005 ExamIBM Maximo Asset Management V7.1 Solution DesignExam Number/Code : 000-005Exam Name : IBM Maximo Asset Management V7.1 Solution DesignQuestions and Answers : 95 Q&AsUpdate Time: 2010-02-26Price: $ 125.00
Define a Maximo Location.Locations are places where a Maximo Asset is stored or used and allows the tracking of asset movements and the tracking of financial costs.Locations are typically the places where assets operate, but include any building, place, or other areas that contain assets, where maintenance work might be performed.Describe the usage of a Maximo Asset.A Maximo Asset is used when the client wants to track the lifecycle of a particular piece of equipment or physical plant. The asset lifecycle includes planning, acquiring, installing, maintaining, and retiring. MAM also records the current status which can be aligned to the lifecycle, these are: not ready, operating, and decommissioned.Maximo Asset records can be used to trace historical events and costs related to that particular piece of equipment or physical plant.
Describe common usages for Linear Assets.RoadsRailroad tracksPipelinesElectrical or Telecommunication transmission lines
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