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IFMA CFM Exam
Certified Facility Manager (Page 12 )

Updated On: 9-Feb-2026
Page 10 of 52
PDF with 251 Questions

A facility manager is investigating the feasibility of purchasing a new gas-fired turbine. The turbine is expected to be in service for 12 years. The vice president of operations asked the facility manager to calculate how much the turbine will diminish in value each year over its service life.
What is being calculated?

  1. Payback period
  2. Depreciation
  3. Diminishing return
  4. Life cycle cost

Answer(s): B

Explanation:

Depreciation (B) is the process of calculating how much an asset loses value over time due to wear, aging, or obsolescence.
Common depreciation methods include:
Straight-line depreciation
Declining balance depreciation
Why not other options?
(A) Payback period measures how long it takes to recover the initial investment, not asset value reduction.
(C) Diminishing return refers to economic output, not asset valuation. (D) Life cycle cost considers total ownership costs, including maintenance and disposal.


Reference:

IFMA Core Competency ­ Finance & Business



You are planning a landscaping project in a densely populated are

  1. What considerations are needed for the community outside your property?
  2. Choose alternative energy sources to power outdoor lighting and security stations, decrease costs to your facility, and provide energy back to the grid, which will bring energy costs down to the neighboring community.
  3. Ensure that lights and basic security sounds (e.g., beeping noises at an outdoor security station) are not intrusive on daily living, but that they may also be used to alert the neighborhood, when such alerts are appropriate and of value (e.g., in an emergency).
  4. Use the brightest possible lights and loudest sounds (e.g., sirens) to prevent security issues at night to support the community in decreasing crime in that area and announcing emergency situations.
  5. Provide security staff to walk the perimeter of your property, checking for damaged lights or other security issues while maintaining communication with a dispatcher for emergencies while keeping a low profile in the neighboring community.

Answer(s): B

Explanation:

Minimizing intrusion while maintaining security (B) is the best approach for a densely populated area to balance facility needs and community well-being.
Considerations for urban landscaping projects:
Avoid excessive noise/light pollution
Maintain adequate security and emergency alert capabilities Why not other options?
(A) Providing energy back to the grid is beneficial but not a primary landscaping concern. (C) Excessive lights/sirens disturb residents and are unnecessary. (D) Security patrols are important but should not interfere with community dynamics.


Reference:

IFMA Core Competency ­ Environmental Stewardship & Sustainability



When considering location alternatives, what should the facility management professional know?

  1. Executive preferences and drivers.
  2. Market and available workforce.
  3. New construction activity.
  4. Retail and competitor locations.

Answer(s): B

Explanation:

Market and available workforce (B) are critical for location decisions as they impact operational efficiency, hiring potential, and overall business success.
Key considerations for facility location:
Proximity to labor force
Market accessibility
Infrastructure and operational costs
Why not other options?
(A) Executive preferences may matter but should not override operational needs.
(C) Construction activity is a minor factor.
(D) Retail/competitor locations are more relevant to commercial businesses than facility management.


Reference:

IFMA Core Competency ­ Real Estate & Property Management



When delegating tasks, what should a supervisor know about each employee?

  1. Work style.
  2. Strengths.
  3. Accomplishments.
  4. Preferences.

Answer(s): B

Explanation:

Knowing an employee's strengths (B) is the most effective way to delegate tasks efficiently and ensure productivity.
Effective delegation involves:

Assigning tasks based on competencies
Maximizing productivity and efficiency
Supporting employee development
Why not other options?
(A) Work style may vary but does not define capability.
(C) Accomplishments reflect past performance, not current ability. (D) Preferences are important but should not override role suitability.


Reference:

IFMA Core Competency ­ Leadership & Strategy



What process assesses physical entry points and specific business activities to determine who should be authorized to enter specific areas and the type of security system to use?

  1. A lock hierarchy protocol.
  2. A cyber security plan.
  3. A sustainability analysis.
  4. An access risk analysis.

Answer(s): D

Explanation:

An access risk analysis (D) is used to evaluate facility security needs, determine authorization levels, and select appropriate security systems.
Why is this important?
Protects sensitive areas
Ensures compliance with safety protocols
Prevents unauthorized access
Why not other options?
(A) A lock hierarchy protocol is a subset of access control but not a comprehensive risk assessment. (B) Cyber security focuses on digital threats, not physical access. (C) A sustainability analysis relates to environmental impact, not security.


Reference:

IFMA Core Competency ­ Security & Risk Management






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