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BOMI International RPA Capstone Experience Sample Questions (Q129-Q134):

NEW QUESTION # 129
A property manager is attempting to balance the use of available resources against a range of capital needs, including mechanical upgrades, physical improvements, and tenant amenities. Which is theMOSTappropriate action the property manager should take?

A. Gather suggestions from building staff and other service providers.
B. Conduct a survey of tenant preferences.
C. Develop a payback analysis for each proposed expenditure.
D. Prepare and present a list of capital items sorted by costs.

Answer: C

Explanation:
Thepayback analysishelps the property manager assess the return oninvestment (ROI) for each proposed expenditure. This method provides a clear financial understanding of how quickly the investment will pay off, making it the most appropriate action to take when balancing capital needs with available resources.

NEW QUESTION # 130
A property manager is using multiple approaches to develop a capital plan. The property manager is considering replacement of existing equipment, repair of building components, and building upgrades. Which is theMOSTcomprehensive approach to this task?

A. Lifecycle costing (LCC)
B. Asset allocation
C. Net present value (NPV)
D. Depreciation analysis

Answer: A

Explanation:
Lifecycle costing (LCC)is the most comprehensive approach as it evaluates the total cost of ownership of an asset-including acquisition, operation, maintenance, and disposal. It helps property managers make informed capital planning decisions by comparing long-term costs across various options such as repair, replacement, or upgrades.

NEW QUESTION # 131
A real estate services company wants to obtain additional insurance coverage beyond the limits of its general commercial liability insurance. Which of the followingBESTdescribes the type of insurance that the company should purchase?

A. Umbrella liability insurance
B. Incidental malpractice liability insurance
C. Rental reimbursement insurance
D. Combined single limit (CSL) of liability

Answer: A

Explanation:
Umbrella liability insuranceprovides additional coverageabove and beyondthe limits of existing policies like general liability insurance. It is specifically designed to extend liability protection, making it the best choice for a company seeking extra coverage beyond standard policy limits.

NEW QUESTION # 132
A property manager is overseeing a tenant improvement project in an older office building. Asbestos insulation was discovered behind the walls. Which type of project change BEST describes this delay?

A. Disruptive
B. Accelerated
C. Actual
D. Constructive

Answer: A

Explanation:
Analysis:
* A. Accelerated- Refers to speeding up a project, not applicable here.
* B. Actual- Too generic and doesn't specify the nature of the issue.
* C. Constructive- Usually refers to implied or unspoken changes or obligations, not unexpected delays due to discovered conditions.
* D. Disruptive-#The presence of asbestos is anunforeseen conditionthathalts or delays the work. This is best described as adisruptive change.

NEW QUESTION # 133
What is the FIRST step in the Plan-Do-Check-Act (PDCA) continuous improvement process as it relates to maintaining compliance with sustainability certifications and related legal requirements?

A. Apply on a larger scale throughout the building if the implementation has been successful.
B. Identify an environmental problem in the building that can be mitigated by compliance.
C. Develop a series of steps to mitigate the issue using the certification system or legal compliance.
D. Assess the effectiveness of the strategy that has been developed and implemented.

Answer: B

Explanation:
Analysis:
ThePDCA cyclestands for:
* Plan- Identify a problem or opportunity and plan a change.
* Do- Implement the change on a small scale.
* Check- Measure and assess the results.
* Act- If successful, implement on a larger scale or adjust as needed.
So, thefirst stepis toidentify the issuethat needs improvement - in this context, an environmental issue related to compliance.

NEW QUESTION # 134
......

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