Facilities Management Practice EXAM
Questions and
Answers Verified Solutions Latest
Update
Question:
What is Facilities Management?.
Answer:
It coordinates people, places, and processes to care for a business's structures,
buildings, equipment, and other physical needs to improve productivity.
Question:
What are assets in the context of Facilities Management?.
Answer:
Assets are valuable properties owned by a business that can be utilized to bolster the
production of goods and services, including machinery, equipment, tools, and
structures.
Question:
What is your major?.
Answer:
Finance and Accounting at Fairfield University.
Question:
What interests you about commercial real estate?.
Answer:
The impact of building operations on operating expenses and asset performance.
,Question:
Why are you interested in JLL?.
Answer:
JLL is a global leader in commercial real estate, offering scale, professionalism, and
exposure to institutional-grade assets.
Question:
What are Hard Services in Facilities Management?.
Answer:
Hard services refer to physical modifications and adaptations to a building or its
structure, such as fire safety systems and mechanical services.
Question:
Why facilities management instead of capital markets?.
Answer:
To understand real estate from the operational level first, which impacts expenses and
tenant satisfaction.
Question:
What are Soft Services in Facilities Management?.
Answer:
Soft services enhance the overall environment of the workplace, including landscaping,
event support, cleaning, and pantry management.
Question:
What is facilities management?.
Answer:
The operation, maintenance, and optimization of building systems to protect asset
value and ensure tenant comfort.
, Question:
How does facilities management impact property value?.
Answer:
It affects operating expenses, which in turn impacts NOI and valuation.
Question:
What is a controllable factor in selecting a business location?.
Answer:
Proximity to the market, supply of materials, transportation facilities, available
infrastructure, and labor wages.
Question:
What is NOI?.
Answer:
Net Operating Income, calculated as revenue minus operating expenses.
Question:
What is the difference between OPEX and CapEx?.
Answer:
OPEX includes recurring expenses; CapEx includes major replacements or
improvements.
Question:
What is preventive maintenance?.
Answer:
Scheduled maintenance performed to prevent equipment failure.
Question:
What is a CMMS?.
Answer:
A Computerized Maintenance Management System used for tracking maintenance
activities.
Questions and
Answers Verified Solutions Latest
Update
Question:
What is Facilities Management?.
Answer:
It coordinates people, places, and processes to care for a business's structures,
buildings, equipment, and other physical needs to improve productivity.
Question:
What are assets in the context of Facilities Management?.
Answer:
Assets are valuable properties owned by a business that can be utilized to bolster the
production of goods and services, including machinery, equipment, tools, and
structures.
Question:
What is your major?.
Answer:
Finance and Accounting at Fairfield University.
Question:
What interests you about commercial real estate?.
Answer:
The impact of building operations on operating expenses and asset performance.
,Question:
Why are you interested in JLL?.
Answer:
JLL is a global leader in commercial real estate, offering scale, professionalism, and
exposure to institutional-grade assets.
Question:
What are Hard Services in Facilities Management?.
Answer:
Hard services refer to physical modifications and adaptations to a building or its
structure, such as fire safety systems and mechanical services.
Question:
Why facilities management instead of capital markets?.
Answer:
To understand real estate from the operational level first, which impacts expenses and
tenant satisfaction.
Question:
What are Soft Services in Facilities Management?.
Answer:
Soft services enhance the overall environment of the workplace, including landscaping,
event support, cleaning, and pantry management.
Question:
What is facilities management?.
Answer:
The operation, maintenance, and optimization of building systems to protect asset
value and ensure tenant comfort.
, Question:
How does facilities management impact property value?.
Answer:
It affects operating expenses, which in turn impacts NOI and valuation.
Question:
What is a controllable factor in selecting a business location?.
Answer:
Proximity to the market, supply of materials, transportation facilities, available
infrastructure, and labor wages.
Question:
What is NOI?.
Answer:
Net Operating Income, calculated as revenue minus operating expenses.
Question:
What is the difference between OPEX and CapEx?.
Answer:
OPEX includes recurring expenses; CapEx includes major replacements or
improvements.
Question:
What is preventive maintenance?.
Answer:
Scheduled maintenance performed to prevent equipment failure.
Question:
What is a CMMS?.
Answer:
A Computerized Maintenance Management System used for tracking maintenance
activities.
