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BOMI - FM Fundamentals Study Guide with Complete Solutions

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BOMI - FM Fundamentals Study Guide with Complete Solutions quality assessment - Answer️️ -Facilities management responsibilities such as evaluating the effectiveness of service, benchmarking, management of audits, and development of innovative improvements What professional aspect of facilities management distinguishes it from related professions? - Answer️️ -coordination across traditionally separate disciplinary lines How can a facilities manager best improve worker productivity - Answer️️ -improve the work environment three dimensions of quality - Answer️️ -input, process, and output What percent of a company's capital assets does the average facilities department manage? - Answer️️ -25% What do facilities managers engage in to anticipate and respond appropriately to current and future business trends? - Answer️️ -strategic planning Facilities management responsibilities such as evaluating the effectiveness of service, benchmarking, management of audits, and development of innovative improvements are all part of what function? - Answer️️ -quality assessment What professional aspect of facilities management distinguishes it from related professions? - Answer️️ -coordination across traditionally separate disciplinary lines ©SOPHIABENNETT EXAM SOLUTIONS_2024/2025 Tuesday, September 3, 2024 10:30 AM Page | 2 What is the best way for a facilities manager to become more proactive and avoid crisis management? - Answer️️ -participate in discussions of the central management issues How can a facilities manager best improve worker productivity? - Answer️️ -improve the work environment According to TQM/CQI literature, what are the three dimensions of quality? - Answer️️ -input, process, and output What percent of a company's capital assets does the average facilities department manage? - Answer️️ -25 percent What do facilities managers engage in to anticipate and respond appropriately to current and future business trends? - Answer️️ -strategic planning In most companies, how are facilities departments viewed? - Answer️️ -as overhead What is the most expensive element of most office and other white-collar workplaces? - Answer️️ -people How can facilities management successfully affect the corporate mission? - Answer️️ - by linking asset planning to corporate goals Define property management - Answer️️ -The process of maintaining and creating value in real property consistent with the owner's objectives and in compliance with the highest standard of professional ethics. In real estate, the process of profitable operation and management of owned, leased, or su

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©SOPHIABENNETT
EXAM_SOLUTIONS GUARANTEED SUCCESS 2024/2025 ACADEMIC YEAR




©SOPHIABENNETT 9/3/24 2024/2025

, ©SOPHIABENNETT EXAM SOLUTIONS_2024/2025 Tuesday, September 3, 2024 10:30 AM



BOMI - FM Fundamentals Study Guide
with Complete Solutions


quality assessment - Answer✔️✔️-Facilities management responsibilities such as

evaluating the effectiveness of service, benchmarking, management of audits, and

development of innovative improvements

What professional aspect of facilities management distinguishes it from related

professions? - Answer✔️✔️-coordination across traditionally separate disciplinary lines

How can a facilities manager best improve worker productivity - Answer✔️✔️-improve the

work environment

three dimensions of quality - Answer✔️✔️-input, process, and output

What percent of a company's capital assets does the average facilities department

manage? - Answer✔️✔️-25%

What do facilities managers engage in to anticipate and respond appropriately to

current and future business trends? - Answer✔️✔️-strategic planning

Facilities management responsibilities such as evaluating the effectiveness of service,

benchmarking, management of audits, and development of innovative improvements

are all part of what function? - Answer✔️✔️-quality assessment

What professional aspect of facilities management distinguishes it from related

professions? - Answer✔️✔️-coordination across traditionally separate disciplinary lines



Page | 1

, ©SOPHIABENNETT EXAM SOLUTIONS_2024/2025 Tuesday, September 3, 2024 10:30 AM


What is the best way for a facilities manager to become more proactive and avoid crisis

management? - Answer✔️✔️-participate in discussions of the central management issues

How can a facilities manager best improve worker productivity? - Answer✔️✔️-improve

the work environment

According to TQM/CQI literature, what are the three dimensions of quality? -

Answer✔️✔️-input, process, and output

What percent of a company's capital assets does the average facilities department

manage? - Answer✔️✔️-25 percent

What do facilities managers engage in to anticipate and respond appropriately to

current and future business trends? - Answer✔️✔️-strategic planning

In most companies, how are facilities departments viewed? - Answer✔️✔️-as overhead

What is the most expensive element of most office and other white-collar workplaces? -

Answer✔️✔️-people

How can facilities management successfully affect the corporate mission? - Answer✔️✔️-

by linking asset planning to corporate goals

Define property management - Answer✔️✔️-The process of maintaining and creating

value in real property consistent with the owner's objectives and in compliance with the

highest standard of professional ethics. In real estate, the process of profitable

operation and management of owned, leased, or subleased real property for a building

owner, developer, or land lord.

Define asset management - Answer✔️✔️-Asset management: Maximizing value to a

portfolio of properties from acquisition to disposition within the objectives defined by the

Page | 2

, ©SOPHIABENNETT EXAM SOLUTIONS_2024/2025 Tuesday, September 3, 2024 10:30 AM


owner. Asset management uses strategic planning, investment analysis, and the

positioning of a property in the market place.

Facility management, or inside-out view? - Answer✔️✔️-The facility manager looks from

inside the business out to the external environment of economic forces, the

marketplace, corporate competition, etc., through the eyes of a manager of a given

business. A facility is a tool that enables the company to survive and prosper in its

external environment.

Real property, or outside-in view? - Answer✔️✔️-A real estate organization views the

facility as a building, a commercial property designed to produce revenue. The building

does not support the real property business; it is the business.

What do all facilities management functions have aspects of? - Answer✔️✔️-strategy and

tactics

What facilities activity usually produces the best overall financial and qualitative

performance? - Answer✔️✔️-devising a good strategy

Define a program. - Answer✔️✔️-any kind of work activities that the facilities manager

wants specifically to manage and track on an ongoing basis

Define a project. - Answer✔️✔️-a set of tasks related to the achievement of a specific

objective

Behind personnel, what is the second largest expense on company ledgers? -

Answer✔️✔️-facilities

What is situational analysis? - Answer✔️✔️-capturing information about each external

element that can have an influence on the facilities department in the coming year


Page | 3
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