Oracle Utilities Work and Asset Cloud Service 2022 Implementation Professional Quiz 03 15Nov24 - Practice Quiz

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Question 1 of 30

A utility company is evaluating its asset maintenance strategies to improve operational efficiency and reduce costs. They currently employ a reactive maintenance approach, which has led to frequent unplanned outages and increased repair costs. The management is considering transitioning to a predictive maintenance strategy that utilizes real-time data analytics. What is the primary advantage of adopting a predictive maintenance strategy over the current reactive approach?

It allows for maintenance to be performed based on actual asset condition, reducing unnecessary downtime and costs.

It ensures that all maintenance activities are scheduled at fixed intervals, regardless of asset performance.

It focuses solely on addressing failures after they occur, which can lead to lower immediate costs.

It requires less data collection and analysis compared to traditional maintenance strategies, simplifying the process.

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