Exam CFM Course | CFM Latest Exam Price

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IFMA CFM Exam Syllabus Topics:

TopicDetails
Topic 1
  • Finance and Business: This section measures the skills of Financial Managers in operational and capital budgeting processes. It includes evidence-based decision-making processes, procurement strategies, contracting practices, financial analysis, and reporting to ensure sound financial management within facilities.
Topic 2
  • Occupancy and Human Factors: This section measures the skills of Facility Managers and covers the workplace environment, occupant services, and occupant health, safety, and security. Understanding these factors is essential for creating a conducive and safe work environment for all occupants. Operations and Maintenance: This domain assesses the capabilities of Operations Managers in managing buildings, systems, infrastructure, and grounds. It includes overseeing furniture, fixtures, and equipment, ensuring physical safety and security, and implementing effective operations and maintenance processes. Knowledge of work management support systems and handling renewals and renovations is also critical.
Topic 3
  • Sustainability: This section evaluates the skills of the target audience in managing sustainability initiatives. It covers energy management, water management, materials and consumables management, waste management, and workplace site management to promote environmentally responsible practices within facilities.
Topic 4
  • Project Management: This section focuses on the planning and design phases of projects. It includes execution and delivery processes along with evaluation techniques to ensure successful project outcomes within facility management contexts.
Topic 5
  • Communication: This domain assesses the abilities of Risk Managers in planning, delivering, and evaluating communication strategies within facility management. Effective communication is vital for ensuring that all stakeholders are informed and engaged.
Topic 6
  • Performance and Quality: This section evaluates the skills of the target audience in quality management and performance management. It emphasizes the importance of maintaining high standards in facility operations to ensure efficiency and effectiveness.

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IFMA Certified Facility Manager Sample Questions (Q243-Q248):

NEW QUESTION # 243
What is considered the point in an asset's life cycle where the total ownership costs are at the lowest?

  • A. Ownership life
  • B. Economic life
  • C. End of life
  • D. Useful life

Answer: B

Explanation:
Theeconomic lifeof an asset is the period during which it remains cost-effective to operate and maintain, minimizing total ownership costs.
* Economic life (D)is determined by evaluating operating expenses, maintenance costs, depreciation, and efficiency. At this stage, the asset providesmaximum value before its costs exceed its benefits.
* Ownership life (A)refers to the entire period of possession, which may extend beyond itsoptimal cost- effective period.
* Useful life (B)is the estimated time an asset can be functionally used, but this does not always align with cost efficiency.
* End of life (C)marks when an asset is no longer usable, often requiring costly disposal or replacement.


NEW QUESTION # 244
You are the Facility Manager leading a project to integrate two office groups. You will need a unifying message that guides your communications and decision-making when working with a variety of consultants, senior management, and the affected groups. What is your unifying message?

  • A. How the project benefits and contributes to the success of the organization.
  • B. The needs of the executives who own the project and how they want things done.
  • C. Who will be impacted by the project and how their work lives will be improved.
  • D. How long the project is expected to take, what it will cost, and key parties involved.

Answer: A

Explanation:
Aunifying messagemust alignstakeholders around a shared visionthat benefits the organization. The correct answer:
* "How the project benefits and contributes to the success of the organization"creates alignment and motivation across different groups.
* Why the other options are incorrect:
* (B) Focusing only on executive needsmay alienate employees and consultants.
* (C) Project timelines and costs are important but do not provide a unifying message.
* (D) Employee impact is valuable but does not address the broader organizational goal.


NEW QUESTION # 245
During contractor evaluation, you discover their incident rate is below the industry average. What does this indicate?

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

Answer: C

Explanation:
A low incident rate typically indicates a strong safety program (Option C).
Why Option C is Correct?
* Contractors with well-implemented safety programs minimize workplace accidents.
* IFMA's Risk Management Core Competency stresses the importance of evaluating vendor safety records.


NEW QUESTION # 246
What purpose does project evaluation serve?

  • A. To assess whether the project's objectives are being met
  • B. To track and monitor project progress
  • C. To provide control of a project
  • D. To resolve claims and disputes in a timely manner

Answer: A

Explanation:
Project evaluation assesses whether the project's objectives are being met (A)by reviewing performance, deliverables, and alignment with organizational goals.
* Key aspects of project evaluation include:
* Measuring efficiency and effectiveness
* Identifying areas for improvement
* Ensuring alignment with strategic objectives
* Why not other options?
* (B) Resolving disputesis a legal or contractual matter, not the main purpose of evaluation.
* (C) Providing project controlrelates to project management but does not define evaluation.
* (D) Tracking progressis part of monitoring, which is separate from evaluation.


NEW QUESTION # 247
What is included in contract documents specified in owner and contractor agreements?

  • A. Specifications
  • B. Shop drawings
  • C. Notice to bidders
  • D. Bidding requirements

Answer: A

Explanation:
In owner-contractor agreements, contract documents outline the legal and technical expectations of a project. The correct answer is:
* Specifications detail the materials, workmanship, and performance criteria required for the project.
* Why the other options are incorrect:
* (A) Bidding requirements apply before contract execution and are not part of the agreement itself.
* (B) Notice to bidders is used in procurement but is not included in the formal contract.
* (D) Shop drawings provide detailed fabrication and installation instructions but are submitted after contract award.


NEW QUESTION # 248
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