IFMA Updated CFM Exam Questions and Answers by humaira

The first step should be to investigate the reasons for being over budget (D) before making major project changes.

A cost overrun could be due to inaccurate estimates, scope changes, or unforeseen conditions. Understanding the cause allows for informed decision-making.

Why not other options?

(A) Delaying a portion of the project may not be necessary and could lead to inefficiencies.

(B) Seeking a change order should only be done after understanding why costs have increased.

(C) Removing infrastructure upgrades without proper evaluation could negatively impact long-term functionality.

The most important feature of an IWMS is the use of standards that allow integration (Option B).

Why Option B is Correct?

IWMS platforms manage real estate, facilities, space, maintenance, and sustainability in one unified system.

Integration with various technologies, databases, and software standards is essential to ensure smooth facility operations and data consistency.

IFMA’s Technology Core Competency emphasizes that FM professionals must implement IWMS solutions with seamless integration capabilities to optimize facility performance.

Why Other Options Are Incorrect?

Option A (Ease of use): While usability is important, integration is the defining feature of an IWMS.

Option C (Hardware mobility): Mobility is beneficial, but not the most critical feature of IWMS systems.

The correct action is to follow the organization's established policies (Option C) regarding uniforms and reimbursements.

Why Option C is Correct?

The employee handbook outlines uniform issuance, return policies, and potential reimbursement obligations.

Ensures consistent and legally compliant HR practices.

IFMA’s Human Factors Core Competency emphasizes fair employment policies and adherence to company guidelines.

Why Other Options Are Incorrect?

Option A: Requesting reimbursement without policy backing may create legal and HR issues.

Option B: Absorbing the cost without policy review is not a sound business practice.

The Sustainability and Environmental Stewardship competency in IFMA emphasizes responsible procurement and ethical sourcing​.

Sourcing fair-pay materials (C) aligns with social responsibility and sustainability goals under ESG.

Education (A) is important but does not directly impact ESG targets.

Quality control (B) ensures efficiency but is unrelated to ESG-specific goals.

Eliminating spare parts (D) may reduce costs but could increase downtime and inefficiencies.

Facility managers play a key role in sustainable procurement, ensuring social, environmental, and governance compliance​.