What are the environmental factors a facilities manager must consider before starting any renovation project to a circa-1960's manufacturing facility?

• A.Ensure that a licensed architect has reviewed plans and approved remodeling plans.
• B.Contract with a salvage company to remove questionable building materials.
• C.Precautions must be taken to ensure any hazardous materials are accounted for.
• D.Review water and sewer samples for contaminants to ensure code compliance.

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The finance director has asked the facility manager to prepare a financial analysis comparing two alternatives for roofing system replacements. Each option has a different first cost, annual maintenance, and expected useful life. Which capital investment analysis technique would best consider the time value of money in the comparison?

• A.Benchmarking
• B.Payback
• C.Net Present Value

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During contractor evaluation, you discover their incident rate is below the industry average. What does this indicate?

• A.The contractor has a better reputation and focuses on customer satisfaction.
• B.The contractor has a robust financial balance sheet and is in good financial standing.
• C.The contractor has a safety program that focuses on reducing injuries and is followed in practice.

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What is the calculation for the building efficiency ratio?

• A.The common area divided by the usable area, multiplied by 100
• B.The rentable area divided by the gross area, multiplied by 100
• C.The gross area divided by the usable area, multiplied by 100
• D.The usable area divided by the rentable area, multiplied by 100

Correct Answer: B

Thebuilding efficiency ratiois a key metric infacility and real estate management, used to determinehow efficiently a building's space is utilized. TheIFMA Real Estate and Property Management competency defines the formula as:
A black and white image of a circle with black text AI-generated content may be incorrect.

* Option B (Correct): This formula showshow much of the gross building area is rentable, making it a critical factor in leasing decisions.
* Option A (Common Area / Usable Area)doesnot measure building efficiency, but rathercommon area factor.
* Option C (Gross Area / Usable Area)isnot a standard efficiency metric.
* Option D (Usable Area / Rentable Area)measurestenant efficiency but not building efficiency.
Ahigher efficiency ratiomeansless wasted space and more rentable revenue.

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What is a technical measure that prevents unauthorized people from gaining access to a facility work order system?

• A.Identification and authentication.
• B.Data encryption.
• C.Proprietary user interface.
• D.Human resource employee database.

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