100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
BOMI FM Fundamentals Questions with 100% Correct Answers Latest Version 2024 Verified $8.99   Add to cart

Exam (elaborations)

BOMI FM Fundamentals Questions with 100% Correct Answers Latest Version 2024 Verified

 1 view  0 purchase
  • Course
  • Institution

quality assessment - 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? - coordination ...

[Show more]

Preview 3 out of 27  pages

  • July 2, 2024
  • 27
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
avatar-seller
BOMI FM Fundamentals Questions with
100% Correct Answers | Latest Version
2024 | Verified
quality assessment - ✔✔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? -
✔✔coordination across traditionally separate disciplinary lines



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



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



What percent of a company's capital assets does the average facilities department manage? - ✔✔25%



What do facilities managers engage in to anticipate and respond appropriately to current and future
business trends? - ✔✔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? -
✔✔quality assessment



What professional aspect of facilities management distinguishes it from related professions? -
✔✔coordination across traditionally separate disciplinary lines



What is the best way for a facilities manager to become more proactive and avoid crisis management? -
✔✔participate in discussions of the central management issues



How can a facilities manager best improve worker productivity? - ✔✔improve the work environment

,According to TQM/CQI literature, what are the three dimensions of quality? - ✔✔input, process, and
output



What percent of a company's capital assets does the average facilities department manage? - ✔✔25
percent



What do facilities managers engage in to anticipate and respond appropriately to current and future
business trends? - ✔✔strategic planning



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



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



How can facilities management successfully affect the corporate mission? - ✔✔by linking asset planning
to corporate goals



Define property management - ✔✔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 - ✔✔Asset management: Maximizing value to a portfolio of properties from
acquisition to disposition within the objectives defined by the owner. Asset management uses strategic
planning, investment analysis, and the positioning of a property in the market place.



Facility management, or inside-out view? - ✔✔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? - ✔✔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? - ✔✔strategy and tactics



What facilities activity usually produces the best overall financial and qualitative performance? -
✔✔devising a good strategy



Define a program. - ✔✔any kind of work activities that the facilities manager wants specifically to
manage and track on an ongoing basis



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



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



What is situational analysis? - ✔✔capturing information about each external element that can have an
influence on the facilities department in the coming year



What is the definition of a capitalized project? - ✔✔projects that create assets with lasting value



What is the strategy that enables facilities managers to accommodate rapid changes in space needs? -
✔✔lease management



What are some tactical activities associated with a strategic function? - ✔✔construction project
management; alteration, renovation, and workplace installation; and workplace planning, allocation, and
management



What are the two types of tactical activities? - ✔✔Processes and procedures

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller hussle. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $8.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

80202 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$8.99
  • (0)
  Add to cart