FREE IFMA CFM Question and Answers

Question 1

The most effective budgeting and scheduling technique for capital and expensed budgeted projects is:

Accepted Answer

Two separate budgets and schedules

Answer

A master budget with two separate schedules

Answer

One master schedule including all detailed information

Answer

A master schedule with two separate budgets

Question 2

Bonds What kind of bond should the contractor carry on a large project in case the contractor defaults?

Accepted Answer

Project-specific bid bond

Answer

Liability insurance

Answer

Completion bond

Answer

Subcontractor bonding

Question 3

Traditionally, the construction contract is between the contractor and the:

Accepted Answer

Interior designer

Answer

Architect

Answer

Engineer

Answer

Owner

Question 4

Bid Process Who obtains comprehensive insurance for contractors?

Accepted Answer

The contractor

Answer

The building owner

Answer

Whoever signed the contract

Answer

The contractor's insurance agent

Question 5

Project Close-Out, Acceptance, and Commissioning The contractor submits to the facility manager the final notice of completion and asks for signature.  The project is 99% complete.  The facility manager should:

Accepted Answer

Not sign the form until a final occupancy permit is received

Answer

Ask to see all documents pertaining to the tenant improvements and then sign the form

Answer

Not sign the form until you consider the project complete

Answer

Check with management and receive its approval before signing the form

Question 6

To effectively operate a new building systems, all maintenance personnel should have:

Accepted Answer

Training in each system

Answer

A copy of all contract documents

Answer

Consultants on call

Answer

A copy of last year's maintenance schedule

Question 7

During a move, if an employee does not pack according to move schedule, the person who should decide what is moved and what is discarded is:

Accepted Answer

The facility manager

Answer

Senior manager

Answer

A moving company representative

Answer

The user

Question 8

Furniture orders that are most susceptible to time-consuming delays are usually:

Accepted Answer

Small orders and accessory pieces

Answer

Those with multiple panel heights

Answer

Quick-shipment requests

Answer

Large and complex installations

Question 9

Detailed logistics of a move for employees should be included on a(n):

Accepted Answer

Master Schedule

Answer

Printout

Answer

Operating procedure form

Answer

Schedule A

Question 10

Leadership & Management Overview The annual report can be used to report all of the following except:

Accepted Answer

Project proposals

Answer

Changes in facility strategy

Answer

Critical maintenance actions

Answer

Budget impact on facilities