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Certified Facility Manager (CFM)

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1. Which of the following conditions epitomize when real estate supply meets demand?
Prices are at the maximum; vacancy rates are at their lowest. Prices are rising; vacancy rates are increasing. Prices are declining; vacancy rates are decreasing.
2. An organization contracts leased spaced and consolidates facilities. Maintenance is deferred. This activity exemplifies the business life-cycle stage
Maturity Growth Decline
3. Which of the following costs would be excluded from a total cost of ownership (TCO) calculation for a facility?
Preservation Furnishings Construction
4. This is an example of the highest and best use
maximum productive use. financially feasible physically possible.
5. During which business life cycle phase would an organization consider real estate an asset and having the right location near the customer critical?
Startup Growth Decline