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Exam (elaborations)

IFMA FINAL EXAM QUESTIONS AND 100% VERIFIED CORRECT ANSWERS!!

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IFMA FINAL EXAM QUESTIONS AND 100% VERIFIED CORRECT ANSWERS!!

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IFMA FINAL EXAM QUESTIONS AND 100%
VERIFIED CORRECT ANSWERS!!!
Facility managers often refers to O&M in both hard and soft services. Name the hard and
soft services?

1. Hard services - O&M for facility systems
2. Soft services - O&M for occupant needs

Hard and soft services have three (3) common aspects.

1. both require operations and maintenance
2. both have similar work plan processes by which O&M is accomplished
3. both may be performed by staff or contractors

Which represents the major portion of the entire organization's physical assets. Hard
systems or soft systems?

Hard systems

Value engineering should not be viewed as a cost cutting measure, how should it be
viewed?

Cost adding aspects with value adding aspects as a way to assess and analyze the new asset and
ensuring that all requirements are met but not exceeded.

An acquisition has three phases to their life cycle. Name (3)

1. creation
2. moving to use
3. replacement or disposal

Why is it important to track assets (2)

1. assets have different life spans
2. similar assets have similar life spans

, What are the two approaches the facility manager takes to determine if an asset should be
replaced. (2)

1. the cost to maintain the asset is lower than the replacement cost
2. the replacement cost is lower than the ongoing maintenance cost

Define Life Cycle cost

is the total cost of acquisition, operation, maintenance and support of an item throughout its
useful including the cost of removal.

What other strategic factors or considerations should be taken into consideration to
acquire systems or equipment? (4)

1. owner/management policy - what is required and culturally expected
2. goals - what the acquisition is expected to accomplish
3. allocations - space (how much room does it take up)
4. growth - what potential expansion does the new acquisition provide

Why is it important to track the cost of maintaining an existing system or equipment.

the facility manager now has the means to track more accurately when it might be time to replace
rather than maintain an asset

Equipment should be purposed based on ranking of sustainability. Name five levels from
most to least ranking and describe each.

1. perpetual resources - solar, wind
2. renewable resources - timber, soil, grass
3. recyclable resources - paper, glass, metals
4. reducible resources - packaging, handling
5. nonrenewable resources - coal, oil, natural gas

When new systems and equipment are installed generally three steps should be taken
before taking over ownership. Describe each. (3)

1. commissioning - evaluating, verifying and documenting the performance compare to its
intended design

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