IBM 000-651 : Fundamentals of Applying Maximo Asset Management Solutions V3

Pass 000-651 Exam Cram

Exam Code: 000-651

Exam Name: Fundamentals of Applying Maximo Asset Management Solutions V3

Updated: Sep 04, 2025

Q & A: 144 Questions and Answers

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IBM Fundamentals of Applying Maximo Asset Management Solutions V3 Sample Questions:

1. Which feature/function enables a manager to quickly assess the overall performance of assets?

A) The creation of Key Performance Indicators for the asset.
B) Set the Display Downtime Report prompt in the Organization Options to On, so when the asset is in a Down status the user will be able to record the downtime.
C) The creation of a Cognos report from IBM Maximo that provides the residual value of assets.
D) The creation of an escalation that initiates an action to start a workflow process when the status of the asset changes to Decommissioned.


2. Which tool helps to easily show process roles and responsibilities?

A) Enterprise process framework
B) Process flowchart
C) Process management system
D) Decision matrix


3. What is the use of an enterprise process framework when describing a customer's business process?

A) It enables understanding of the differences between process steps and process management.
B) It is a virtual picture of the basic process the organization must accomplish, including its high-level steps.
C) It helps to easily identify, process roles and responsibilities.
D) It allows examination of the internal and external workflows and processes that impact the organization.


4. What is used to compare the estimate versus actual cost for a job?

A) GL debit accounts and GL credit accounts
B) The project cost accounting application
C) Work plan resources and actual resources
D) Job plan resources and actual resources


5. What is the purpose of the Collections application in the Migration Manager module?

A) It migrates only desired artifacts from the final deployment package.
B) It migrates not only configuration changes, but also fix packs.
C) It is used instead of the Integration Framework applications to migrate transactional data.
D) It eliminates the need of an SQL expression to further filter configuration changes.


Solutions:

Question # 1
Answer: A
Question # 2
Answer: D
Question # 3
Answer: B
Question # 4
Answer: C
Question # 5
Answer: D

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