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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Strategic Decision Making & Leadership | 20% | - Portfolio optimization and improvement planning
|
| Topic 2: Lease Administration & Tenant Relations | 25% | - Lease document interpretation and compliance
|
| Topic 3: Property Financial Analysis & Performance | 35% | - Asset valuation and market analysis
|
| Topic 4: Operations & Maintenance Strategy | 20% | - Preventive vs corrective maintenance planning
|
Question 1
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. Increase the building's electricity usage to take advantage of economies of scale.
B. Ask tenants to lower their use of electricity during peak hours.
C. Perform a comprehensive energy audit and implement cost-effective recommendations.
D. Install solar panels on the roof without evaluating current energy use.
Question 2
What is the MOST effective strategy a property manager should use to solicit tenant input for developing a building-wide risk mitigation plan?
A. Host tenant events to identify the information leaders in each organization.
B. Hire a third-party environmental consultant to contact tenants to ask about Occupational Safety and Health Act (OSHA) compliance.
C. Include a survey in tenant rent billings.
D. Call one tenant every week to ask about workplace hazards.
Question 3
A property manager plans to solicit competitive bids to modernize all elevators in a high-rise office building. Which of the following will the property manager use to assess potential bidders' ability to perform and complete the requirements of the project?
A. Expression of interest (EOI)
B. Request for proposal (RFP)
C. Request for information (RFI)
D. Request for qualification (RFQ)
Question 4
In 1983 a developer constructed a high-rise office building in the downtown business district. For most high- rise buildings, lighting is a source of significant energy usage. What type of lighting ballast did the developer MOSTlikely install in the building?
A. Instant-start ballast
B. Energy-efficient ballast
C. High-output ballast
D. Standard ballast
Question 5
Which environmental and sustainability protocols are institutional owners of Class A buildingsMOSTlikely to seek?
A. FitWel and Green Globes
B. BOMA 360 and Building Research Establishment Environmental Assessment Method (BREEAM)
C. Local and state building codes
D. Leadership in Energy and Environmental Design (LEED) and Energy Star
Solutions:
| Question 1 Answer: C | Question 2 Answer: C | Question 3 Answer: D | Question 4 Answer: D | Question 5 Answer: D |
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