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WMGT 101 Question and answers 100% correct 2024/2025
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WMGT 101 Question and answers 100% correct 2024/2025 WMGT 101: Week 2 Define Air Force Activity Management - correct answer The process of developing a recommended investment strategy for a portfolio of assets List the four Activities at a typical base - correct answer 1) Real Estate & N...

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  • September 19, 2024
  • 22
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • wmgt 101
  • wmgt 101 question and answers 100 correct 202420

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WMGT 101: Week 2
Define Air Force Activity Management - correct answer ✔The process of
developing a recommended investment strategy for a portfolio of assets


List the four Activities at a typical base - correct answer ✔1) Real Estate &
Natural Infrastructure (CEI)


2) Facilities (CEN)
3) Airfield & Transportation Networks (CEO)
4) Utilities (CEO)


Describe the five key focus areas for Activity and Sub-Activity Managers -
correct answer ✔1) Asset Visibility (system related data)
2) Requirements (Integration and Prioritization)
3) Planning (Advocacy within CAMP)
4) Performance (define and measure metrics)
5) Synchronization (team sport)


Identify how Activity and Sub-Activity visibility differs in scope - correct
answer ✔Activity Managers: Facility inventory, overall facility condition,
understanding base plans, facility priorities, FSRM vs MILCON vs DEMO


Sub-Activity Managers: system inventory, system condition, PM, CM, system
priorities

,Differentiate between organizational performance and Activity Level of Service
- correct answer ✔Organizational is the performance of organization, or the
people. (Completion rates, direct time, etc.)


Activity: How well the facility is performing (PM, CM, emergencies, etc)


Correctly use Asset Management terms in context - correct answer ✔Item =
Asset
Service or portfolio = activity
Person = activity manager
Process = Activity management
Discipline = Asset management


List the four questions of asset management - correct answer ✔1) What
assets do you have?


2) What condition are your assets in?


3) What mission requirement does the asset help fulfill?


4) How are you going to invest in your assets to meet current and future
mission requirements?


Identify the USAF CE enterprise asset management principles - correct
answer ✔1) Incorporate asset visibility (data) collection into maintenance
activities


2) Understand asset value to the mission

, 3) Manage risk to an acceptable level


4) Optimize performance (or achieve desired LOS)


5) Minimize life-cycle cost to the extent possible


Provide examples of how leadership, data, and communication can be
leveraged to operational infrastructure asset management in the AF? - correct
answer ✔LEADERSHIP:
-Squadrons must develop the critical thinking and analytical skills to make
effective decisions at the lowest level possible.
-Intermediate staff functions should be designed to facilitate and support
sound investment decisions at the squadron level
-Goal of continuing to decentralize decision-making authority as the
squadrons mature


DATA:
-Using reliable data will result in optimum investment decision
-Make data-driven decisions for infrastructure business management


COMMUNICATION:
AFIMSC will develop a Strategic Asset Management Plan (SAMP) to
communicate the overarching strategy to operationalize asset management in
all levels of our enterprise


Define real estate - correct answer ✔Land, buildings, utility systems,
infrastructure, and permanently attached Real Property Installed Equipment
(RPIE) that is part of the building or structure

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