Utopia Global Interview Questions and Answers

ISO 14224 is a standard for managing and improving the reliability of physical assets in the petroleum, petrochemical, and natural gas industries.

• ISO 14224 provides a framework for collecting and analyzing data related to equipment reliability and maintenance.

• It contains a hierarchy of equipment types, failure modes, and data collection methods.

• The hierarchy includes four levels: equipment class, equipment type, damage...read more

Asset Register is a record of all assets owned by an organization. It contains mandatory fields such as asset name, description, and location.

• Asset Register is a database that contains information about all assets owned by an organization.

• It includes mandatory fields such as asset name, description, location, and acquisition date.

• Other optional fields may include asset value, depreciation rate, and maintenance schedule...read more