Real Certifications

Tuesday, October 16, 2018

New SMRP CMRP Exam Dumps Latest Version 2018

Question 4

When would a strategic plan for Maintenance and Reliability be most appropriately required?

A. Planning and scheduling are not being property implemented at that plant (facility).
B. Improved plant (facility) throughput is required to allow the business to commit to the requirements of a new customer.
C. The markets that the company operates in are changing on a weekly basis.
D. Fixed costs need to be reduced by 20% within the next year.

Answer: B

Sunday, September 30, 2018

SMRP CMRP Question And With Answers | Real Certifications Exam

Question 3

A Company produced 80.000 tons of "Good Product" last year, and the Sales department has projected a 5% increase in sales during the coming year. Production Statistics:
1.The production line operates 24 hours per day. seven days per week, except for the downtime listed below.
2.The production line downtime for maintenance averaged 108 hours per month during the past year.
3.The production line was shut down three times during the year due to power interruptions, for a total of 18 hours of downtime.
4.The production operators' union has threatened a strike that may last as long as three weeks if it occurs.
5.The production rate is expected to stay the same as last year's production rate.
6.Power interruption downtime is expected to stay the same as last year Based on the Production Statistics shown, what is the required production line availability to meet the sales projected for next year?

A. 86.50%
B. 88.50%
C. 89.50%
D. 93.50%

Answer: C


Monday, September 24, 2018

SMRP Exam CMRP | Certified Maintenance & Reliability Professional

Question 1

As the maintenance manager for a manufacturing company, you have conducted a study that reveals the mechanics, on average, spend four hours per ten hour shift on wrench time (tool turning time). Your first action should be:

A. Improve planning and scheduling to increase wrench time (tool turning time).
B. Encourage your planners to develop more aggressive job estimates.
C. Inform management that four hours wrench time (tool turning time) per day is considered good.
D. Investigate the barriers causing loss of wrench time (tool turning time).

Answer: D

Question 2

How do you avoid the pitfall of the Maintenance and Reliability Program appearing to have littlevalue to the organization?

A. Implement all available predictive technology techniques
B. Use a systematic approach to ensure business goals drive the effort
C. Establish a comprehensive communication program including e-mail web page, and newsletter
D. Claim the success of the company is directly related to the Maintenance and Reliabilityvprogram


Answer: B

Monday, September 17, 2018

2018 SMRP Symposium Features Operations Executive Keynotea

Registration is now open for the 2018 Society for Maintenance and Reliability Professionals (SMRP) Symposium, with a speech from John Smith, Senior Vice President or Operations at FedEx Freight. The event will take place from 6 to 7 June 2018 in Memphis, Tennessee.


Smith's main presentation focuses on strengthening supervisors to strengthen a culture of safety, reliability and collective responsibility in the workplace. He has more than 30 years of experience with FedEx Freight maintenance activities and organizations, including the management of nearly 40,000 team members and approximately 350 service centers. Memphis is the home of FedEx Freight's global headquarters.

"We are excited to build on the success of the inaugural GPRS symposium by having John speak in Memphis," said Erin Erickson, executive director of the program. "His expertise and dedication to quality, safety and reliability will resonate with all participants."

In its second year, the SMRP Symposium will attract more than 100 professionals and professionals in the areas of maintenance, reliability and physical asset management for two days of education, networking and certification. Participants will participate in hands-on workshops led by SMRP members and learn about maintenance practices at local facilities and companies in the Memphis region.

Registration for early birds is open until 25 April 2018, but participants can register until the first day of the event. For more information about registration, workshops and other planned activities, visit the Symposium webpage.

SMRP Unveils New Student Advancement Opportunities

The Society of Maintenance and Reliability Professionals (SMRP) is pleased to announce today its new opportunities for student progress in 2018. These opportunities include access to free webinars, opening applications for the annual scholarship program and student enrollment program. They are designed to allow students enrolled in maintenance, reliability, and engineering studies to become familiar with real-world issues and with SMRP members who can help them transition into their careers.

SMRP Student Discount Webinars offer five free on-demand presentations to students who use a special code available online. Each webinar follows one of the five pillars of the Knowledge Body SMR (BoK), a roadmap for world-class performance in maintenance, reliability and physical asset management for professionals and professionals. These pillars include business and administration, reliability of manufacturing processes, equipment reliability, organization and leadership, and job management.

Today also marks the opening of applications for the annual SMRP scholarship program for the 2018-2019 academic year. SMRP offers five scholarships worth up to $ 10,000 to undergraduate and graduate students in two- and four-year schools, colleges and universities. Scholarship applications will be available until the beginning of June 2018, and winners will be announced in August later in the year.

"With the need for more skilled people to enter the workforce, we are constantly looking for ways to increase our reach to students," said Erin Erickson, executive director of SMRP. "It is the duty of SMRP to ensure that students who exercise a profession in maintenance, reliability and physical management, whether in a traditional university, a technical school or a community university, have access to resources, who supports them."

In addition to these new opportunities, SMRP also offers a student subscription for a discounted rate. Membership in the SMRP gives students the opportunity to participate in events, webinars, and SMRP programs that provide them with essential real-world knowledge. To learn more about all these opportunities

Sunday, September 2, 2018

Enjoy 100% Valid And Latest CIMA P3 Question Answers

Question 5

R is a manufacturer of biscuits. The market for biscuits is extremely competitive with many companies competing for contracts with large supermarkets. The intensity of the competition means that prices are kept low; and the buyers can demand higher levels of quality, and greater flexibility in supply arrangements.
Which of the following represent ways that the use of an Information System could help R to win and retain supermarket contracts in such a competitive market?

A. It could facilitate product ordering and selection by the use of Electronic Data Interchange.

B. If R's system is integrated with that of a particular supermarket, then this will make it more expensive for the supermarket to change to a different supplier.

C. It would mean that R's products would be more prominently displayed on the supermarket shelves.

D. It could be used to facilitate more timely and accurate delivery which would minimising waste.

E. If R's system is integrated to that of a particular supermarket then other supplier's systems cannot also be integrated to that supermarket system.

Answer: A, B, D 

Tuesday, August 28, 2018

CIMA P3 | REAL CERTIFICATIONS EXAM Q & A

Question 4

W is a construction company which undertakes large projects for governments and other clients worldwide. Following extensive tendering processes, contracts are issued for successful tenders, and projects typically take three to five years to complete. Contracts are normally fixed-price and many have considerable penalty clauses.
Which of the following would be appropriate policies and controls for W to implement?

A. Unsuccessful tenders should be analysed to establish the cause of them failing to be awarded the
work and help to avoid future failures.

B. Ensuring a consistent separation of duties between those involved in the preparation of tenders and
those involved in the planning of projects.

C. Ensuring that the minimum legal wage is paid to all workers on the construction sites.

D. In order to ensure the maximum chance of winning the contract, tenders always commit W to
completing the work at the lowest possible price and in the shortest possible time.

E. Contract terms should be worded precisely so that additional work is not deemed to form part of the
contract.

F. The project steering committee and project board should receive regular project status reports.

Answer: A, E, F



Wednesday, August 22, 2018

CIMA P3 DUMPS | REAL CERTIFICATIONS EXAM Q & A

Question 3

The safety guard on a piece of equipment was broken. The factory manager suspended an operator who refused to operate the equipment until it was repaired. The factory manager paid another operator a bonus for operating the damaged equipment until the safety guard could be repaired.
What does this incident say about the control environment within that factory?

A. Management is not particularly concerned with managing risks.

B. Employees will perceive that management does not care about health and safety risks.

C. This factory's safety record is likely to be poor.

D. Employees are motivated to maintain productivity.

E. Management has a proportionate and considered attitude towards risk.

Answer: A, B, C


Question 2

K is a large mining company. In its risk report it states that there is a risk of accidents and injury because of the nature of the industry. It states that it has staff training in place and complies with all Health and Safety regulations but in spite of this there will still be a residual risk that accidents and injuries may occur.
Which of the following statements are correct?

A. The shareholders should not invest because there is still a residual risk.

B. The directors are avoiding their responsibilities by saying there is a residual risk.

C. Some risks cannot be eliminated.

D. Accepting a residual risk does not imply the company is reckless.

E. Most companies in this industry will say something similar in their risk report.

Answer: C, D, E 

Sunday, August 12, 2018

Can the creative industries help Ireland in post-Brexit world?

As Ireland hopes to set itself up for the aftermath of the stun of Brexit to the world economy, different ventures are arranging their way ahead in some strange waters.

Bernie Cullinan, CEO of Pragma Advisory and a fellow of the Chartered Institute of Management Accountants, believes that there could be a special role for the creative industries as the full impact of the United Kingdom's decision to leave the European Union continues to unfold.

Pragma, which provides strategic planning to companies nationally and internationally, works with firms in a number of sectors including software, the creative industries, professional services organisations, Government, manufacturing, construction, sport and the Not for Profit sector.

Of all the key areas that will look to navigate the challenging times ahead, Cullinan sees the creative industries as offering key opportunities and playing a pivotal role for Ireland in the post-Brexit era.


Creative Europe funding for the sector is set to top €1.4 billion by 2020 but the Irish Government’s funding for the sector needs to be substantially increased, given severe cuts during the recession. This is an industry where there is a substantial multiplier effect, and the Government gets very good value from its investment in the sector.

From award-winning animation studios to huge Hollywood blockbusters filming in the country, Ireland is seeing growth already, but it could be set to grow to an even greater degree as firms start to look outside of the UK.

"The film industry is a great example," Cullinan says. "The tax structure is now very favourable and, after some teething problems in implementation, it is attracting a lot of international interest from companies in this industry.

"Ireland has a robust intellectual property management framework. The impact of Brexit means that the UK runs the risk of lacking the certainty around the management of intellectual property rights, which are long-term assets and therefore need long-term visibility of the legal position.

"Already, Ireland is seeing an uptake in international productions coming here for both these reasons. We have a great studio infrastructure, including the newly launched Troy Studios in the former Dell plant in Limerick. The sheer size of those studios, along with those other factors already mentioned, makes Ireland a very attractive proposition for large budget productions," Cullinan added.

While the creative industries look in a good position, Cullinan says that there are real threats to Ireland's status as a great place to invest, such as the fall in funding for education and the lifestyle the country can offer.

"The funding issue is key, and that needs to be addressed alongside quality of life issues that affect employees from housing to transport and personal taxation. FDIs determine where they locate based on an ability to attract and retain high-calibre employees, and quality of lifestyle is a major consideration for them."


Image: Creative Minds Ireland Launch. Pictured (LtoR) Minister for the Arts , Heritage and the Gaeltacht Heather Humphries TD, Minister for Expenditure and Reform Paschal Donohoe TD and An Taoiseach Enda Kenny TD at the launch of the Creative Minds Ireland in the National Gallery in Dublin. Rollingnews.ie

"In terms of research, particularly in areas such as cancer, auto immune diseases, nano technology as well as innovation in medical devices, Ireland is to the fore with a world class reputation and facilities.

"This is an enormous asset that we must continue to invest in – it provides Ireland with a very strong platform to create new indigenous companies that can play on the world stage as well as anchoring FDI companies here to remain involved in the research ecosystem. It is notable that, following the Brexit vote, many UK scientists are looking to locate in Ireland in particular, to access EU research funding."

Anatomy is an apt phrase to use for the self-described frustrated scientist, who works with newly formed and more established businesses to bring them to the next level whilst also providing intervention for businesses on "life support".

"I developed an interest in business from an early age, coming from a business family," said Cullinan, "so the natural next step after the BComm degree was to go into management accounting. I like to work from the inside out on the anatomy of businesses."

An advocate of lifelong learning, Cullinan has great admiration for the DCU model, which provides access for all to education. Her own personal mantra is to learn something new every day, and she pinpoints that the CIMA qualification which has underpinned her career is an invaluable stepping stone as the world continues to adapt and change in the coming years.

"CIMA gives phenomenal flexibility to get by in any country. It provides for breadth of education across the business not just in technical accounts and is very connected into the requirements as business becomes increasingly data driven."

Anyone can study CIMA, whether you’re a school leaver, graduate or working professional. For a career that makes a difference and takes you places, visit cimaireland.com to find out more about information evenings in your area.

Bernie Cullinan is a non-official executive of Crest Solutions Ltd., agent Chair of Science Foundation Ireland, an individual from the DCU Educational Trust and is a previous President of CIMA. She is additionally non-official executive of NGO Benefacts, which gives free access to data on Ireland's non-benefit area.

Friday, August 3, 2018

CIMA AND CIPFA OFFER NEW CGMA ENTRY ROUTE | Latest News | Real Certifications Exam

The Chartered Institute of Management Accountants (CIMA) and the Chartered Institute of Public Finance and Accountancy (CIPFA) today announced the launch of their new “CPFA to CGMA Top Up through the CIPFA Gateway.”

This most optimized plan of attack way permits qualified CIPFA individuals to upgrade their capability and increase full CIMA participation and the all inclusive perceived Chartered Global Management Accountant (CGMA) assignment.

The new route is open to both UK and international CIPFA members.

CIPFA members can benefit from up to 14 exemptions with the new CIMA Gateway route. After passing the Gateway exam (also known as the Management Case Study exam) they can move on to the Strategic Case Study exam, bypassing the three Strategic level Objective Tests.

In addition, they will have access to a wide range of student benefits and study support through CIMA’s online student community, CIMAconnect.

“CIMA is excited about the growing collaboration with CIPFA,” says Andrew Harding, Chief Executive at CIMA.

“This is an important step to strengthen our partnership with one of the most respected professional bodies in the public sector. Our CGMA designation is recognized across the world as the designation for management accountants.”

Rob Whiteman, Chief Executive at CIPFA, said: “This landmark offering provides CIPFA members a fantastic opportunity to build their management accounting skillset.

“With the reconfiguration of public services, our members are increasingly working across public and corporate environments and require multiple specialist skills that straddle sectors.

“The new route promises to support this by boosting capacity and thereby also maximizing value for employers for staff seeking to extend their continuous professional development.”