Exam IAM-Certificate Topic 1 Question 24 Discussion

Actual exam question for IAM's IAM-Certificate exam
Question #: 24
Topic #: 1
Which of these is NOT a key principle of asset management?

Suggested Answer: C Vote an answer

Reducing investment cost is atactical financial objective, not aprincipleof asset management. IAM's seven principles include value, alignment, leadership, assurance, lifecycle thinking, risk-based decision-making, and sustainability.
Exact Extract from IAM - Asset Management: An Anatomy (v4), Section 1.4 - Principles of Asset Management:
"Key principles include alignment with business objectives and applying whole-life costing-not cost reduction as a goal in itself."

by John at May 19, 2025, 12:59 PM

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