Asset Executive Interview Questions and Answers

Asset executive work SOP involves managing and optimizing assets to maximize value and minimize risk.

• Asset executives are responsible for identifying, acquiring, and disposing of assets.

• They develop strategies to increase asset value and ensure compliance with regulations.

• They conduct market research and analysis to identify investment opportunities.

• They negotiate contracts and agreements with vendors and clients.

• They monitor asset performance and make recommendations for imp...read more

HAM and SAM are two different models of public-private partnership used in infrastructure projects.

• HAM stands for Hybrid Annuity Model and SAM stands for Swiss Challenge Model.

• HAM is a mix of EPC (Engineering, Procurement, and Construction) and BOT (Build, Operate, and Transfer) models, while SAM is a competitive bidding process.

• HAM involves the government paying 40% of the project cost during construction and the remaining 60% in annuities over 15 years, while SAM involves p...read more

The asset life cycle refers to the stages an asset goes through from acquisition to disposal.

• The asset life cycle typically includes the following stages: acquisition, utilization, maintenance, and disposal.

• During the acquisition stage, assets are purchased or obtained.

• The utilization stage involves using the asset for its intended purpose.

• Maintenance activities ensure the asset remains in good working condition.

• Finally, the asset is disposed of when it is no longer needed or...read more