ISO 55001 Asset Management Lead Auditor Exam - Quiz 01 - Loraine Jane Nollora - Practice Quiz

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Question 1 of 30

Mr. Rodriguez, the asset manager of a manufacturing company, is reviewing the asset management plan for the upcoming year. He notices discrepancies between the planned maintenance schedules and the actual maintenance logs. Some critical equipment has been undergoing more frequent breakdowns than expected, leading to unplanned downtime. What should Mr. Rodriguez prioritize in his review and subsequent actions?

Revise the asset management plan to increase the frequency of preventive maintenance.

Conduct a root cause analysis to identify reasons for the equipment failures.

Update the asset inventory list to include all recently purchased equipment.

Schedule an external audit of the asset management system to validate compliance.

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