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| Section | Objectives |
|---|---|
| Topic 1: Applied Capstone Assessment | - Real-World Scenario Application
|
| Topic 2: Property Management Operations | - Operational Decision Making
|
| Topic 3: Asset Management | - Strategic Property Management
|
| Topic 4: Financial Management | - Asset Financial Analysis
|
| Topic 5: Environmental Health and Safety | - Risk and Compliance
|
1. Which of the following is MOST likely categorized as a manager of technical professionals?
A) Head day porter
B) Security director
C) Chief engineer
D) Stand-by elevator mechanic
2. A job hazard analysis (JHA) is a way to identify and correct workplace hazards before incidents occur.
Which of the following is the MOST effective and comprehensive strategy for implementing JHA analyses to prepare for corrective action?
A) Informally poll contractors before they begin tenant improvement projects.
B) Systematically and frequently gather information from workers both verbally and in writing.
C) Formally require employees and contractors to fill out hazard surveys on an annual basis.
D) Periodically conduct ad-hoc visual inspections of mechanical rooms to find electrical hazards.
3. The partnership plans to address the requirements to return the asset to its former position in the marketplace. What is the FIRST step to help achieve this goal?
Options:
A) Place an advertisement in the local business press detailing the intentions of the partnership.
B) Enroll the building in the EPA's Energy Star Program to validate the building's energy efficiency.
C) Host a broker open house to introduce the partnership's plans for the building.
D) Open the building to public tours to display ideas and encourage feedback.
4. A property manager is tasked with reducing the energy consumption of a commercial building. Which of the following is the most effective first step in achieving this goal?
A) Perform a comprehensive energy audit and implement cost-effective recommendations.
B) Install solar panels on the roof without evaluating current energy use.
C) Increase the building's electricity usage to take advantage of economies of scale.
D) Ask tenants to lower their use of electricity during peak hours.
5. A property manager is reviewing the annual operating budget for a commercial office building. The building's budget for energy costs is projected to be $200,000, but actual expenses for the year were $250,000. What action should the property manager take to address this overage?
A) Reduce the property's reserve fund to cover the additional costs.
B) Ignore the overage, as it was within the allowable 10% variance.
C) Report the overage in the monthly financial statement and recommend a review of energy efficiency measures.
D) Reallocate the overage from the building's capital improvements budget.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: C |
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