IBM Maximo Asset Management V7.1 Solution Design : 000-005

000-005 real exams

Exam Code: 000-005

Exam Name: IBM Maximo Asset Management V7.1 Solution Design

Updated: Jun 02, 2026

Q & A: 100 Questions and Answers

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IBM Maximo Asset Management V7.1 Solution Design Sample Questions:

1. Which two statements are true about People? (Choose two)

A) A person should be deleted when they are no longer associated with the company.
B) There must be a person for each IBM Maximo Asset Management V7.1 user defined.
C) When the status of a person record to INACTIVE is set, the system also sets the associated labor and userrecords statuses to INACTIV
D) There must be a user for each person in the People application.
E) Each People record must have a Craft.


2. Which two methods are available to migrate data from a legacy system to IBM Maximo Asset Management V7.1 (MAM)? (Choose two)

A) Use a data mapping tool to link the legacy database to the MAM data warehouse and update the MAMdata.
B) Extract data from thelegacysystem to comma-separated value files and use the data Import option of theIntegration Framework.
C) Restore the legacy database on the MAM database server, connect MAM to the legacy database , andreorganize the tables, views, and fields.
D) Extract data from the legacy system and create SQL statements to insert the data directly into the MAMdatabase.
E) Connect the legacy database to the MAM database and synchronize the required data by using anexternal data mapping tool.


3. What is used to automatically update Key Performance Indicator (KPI) records?

A) an option in me Select Action menu
B) a property in the System Properties
C) a Checkbox in the KPI definition
D) a Cron task in the Cron Task Setup


4. Which two statements are true about IBM Maximo Asset Management V7.1 assets? (choose two)

A) Rotating assets can be held in inventory prior to issuing to a Work Order.
B) Rotating assets allow for maintaining an inventory of serialized components.
C) Both rotating and non-rotating assets allow for maintaining an inventory of serialized components.
D) Non-rotaing assets can be held in inventory prior to issuing to a Work Order.
E) Non-rotaing assets allow for maintaining an inventory of serialized components.


5. Which two costing methods can be used for items in me Inventory application? (Choose two.)

A) Last In/First Out Costing
B) First In/First Out Costing
C) Lot Costing
D) Average Costing
E) Standard Costing


Solutions:

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

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