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NEW QUESTION # 192
What is a short-term projection of all income and expenses during a given period (usually one year)?
Answer: C
Explanation:
Anoperational budget (C)is ashort-term financial plan covering income and expenses for one fiscal year.
* It includesday-to-day operating costs, such as maintenance, utilities, and salaries.
* Why not other options?
* (A) Combined budgetingintegrates multiple budgeting methods but is not specifically short-term.
* (B) Fixed/variable budgetingcategorizes costs rather than providing a full financial projection.
* (D) Capital budgetsfocus on long-term investments and major asset purchases.
NEW QUESTION # 193
In addition to vision, incentives, action plan, and resources, what is required for the process of change management to be effective?
Answer: B
Explanation:
For change management to be effective, in addition to vision, incentives, action plan, and resources, skills (Option C) are required to ensure successful execution.
Why Option C is Correct?
* Skills enable leaders and employees to adapt to new processes, technologies, or structures in facility management.
* Change management is a structured approach that requires communication, conflict resolution, and leadership abilities to ensure smooth transitions.
* IFMA's Leadership & Strategy Core Competency emphasizes that FM professionals must have the skills to implement and sustain change initiatives successfully.
Why Other Options Are Incorrect?
* Option A (Directives): Simply issuing directives does not guarantee successful change-people must be trained and skilled to adapt to change.
* Option B (Experience): While experience helps, change management focuses on equipping people with new skills to handle evolving challenges.
NEW QUESTION # 194
What are the four phases of a strategy life-cycle model?
Answer: A
Explanation:
ThePlan-Do-Check-Act (PDCA) cycleis a well-established strategic life-cycle model used forcontinuous improvement and operational strategy development.IFMA's Leadership and Strategy competency incorporates this methodology in facility planning.
* Option D (PDCA) is correctbecause it ensuresiterative improvement in strategy execution.
* Option A (Understand, analyze, plan, act)is ageneral problem-solving approachbut not a standard strategy model.
* Option B (Initiate, plan, execute, close)is theproject management lifecycle, not a strategic model.
* Option C (Introduction, growth, maturity, decline)describes thebusiness product lifecycle, not a strategy lifecycle.
PDCA is widely used infacilities management, quality control, and performance improvement.
NEW QUESTION # 195
When designing an industrial workplace, what is the MOST relevant factor to consider?
Answer: A
Explanation:
TheIFMA Occupancy and Human Factors competencyemphasizes thatspace planning and equipment layout are critical to operational efficiency, worker safety, and productivity.
* Option C (Space dimensions and equipment layout) is correctbecause it ensuresproper workflow, safety compliance, and optimized use of space.
* Option A (Desk-height outlets)is beneficial butnot the primary factor in industrial design.
* Option B (Sit-to-stand options)applies more tooffice environments, not industrial settings.
* Option D (Lighting and monitors)improvesergonomics but does not define industrial workplace efficiency.
Industrial workplace designfocuses on optimizing space for machinery, storage, and safety regulations.
NEW QUESTION # 196
What is the most important strategic issue in the relationship between facility requirements and organizational requirements?
Answer: C
Explanation:
The most critical issue is alignment (Option B) because facilities must support organizational objectives.
Why Option B is Correct?
* Alignment ensures that facility operations contribute to business efficiency, growth, and sustainability.
* FM must adapt to business needs, whether it's through workspace planning, technology integration, or cost management.
* IFMA's Leadership & Strategy Core Competency states that FM should align with corporate strategy to optimize resources and support business functions.
Why Other Options Are Incorrect?
* Option A (Coordination): Coordination is important, but alignment ensures that coordination efforts serve strategic goals.
* Option C (Understanding): Understanding is a prerequisite, but alignment is the actionable outcome of that understanding.
NEW QUESTION # 197
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