FACILITIES MANAGEMENT FINAL CERTIFICATION SCRIPT
2026 QUESTIONS WITH SOLUTIONS GRADED A+
● Real Estate Management. Answer: Overseeing property portfolio
● Portfolio Management. Answer: Managing multiple properties
● Acquisition. Answer: Purchasing property
● Disposition. Answer: Selling property
● Due Diligence. Answer: Investigation before property transaction
● Property Valuation. Answer: Determining market value
● Appraisal. Answer: Professional estimate of property worth
● Market Analysis. Answer: Studying real estate conditions
● Capitalization Rate. Answer: Ratio of income to property value
● Return on Investment. Answer: Profit relative to cost
● Depreciation. Answer: Decrease in asset value over time
● Capital Improvement. Answer: Major upgrade adding property value
● Building Condition Assessment. Answer: Evaluation of physical state
● Reserve Study. Answer: Projecting future capital needs
● Replacement Reserve. Answer: Funds set aside for future repairs
● Condition Rating. Answer: Scale assessing component state
● Remaining Useful Life. Answer: Years until replacement needed
● Deferred Maintenance Backlog. Answer: Accumulated postponed repairs
● Facility Condition Index. Answer: Ratio of repair needs to replacement value
2026 QUESTIONS WITH SOLUTIONS GRADED A+
● Real Estate Management. Answer: Overseeing property portfolio
● Portfolio Management. Answer: Managing multiple properties
● Acquisition. Answer: Purchasing property
● Disposition. Answer: Selling property
● Due Diligence. Answer: Investigation before property transaction
● Property Valuation. Answer: Determining market value
● Appraisal. Answer: Professional estimate of property worth
● Market Analysis. Answer: Studying real estate conditions
● Capitalization Rate. Answer: Ratio of income to property value
● Return on Investment. Answer: Profit relative to cost
● Depreciation. Answer: Decrease in asset value over time
● Capital Improvement. Answer: Major upgrade adding property value
● Building Condition Assessment. Answer: Evaluation of physical state
● Reserve Study. Answer: Projecting future capital needs
● Replacement Reserve. Answer: Funds set aside for future repairs
● Condition Rating. Answer: Scale assessing component state
● Remaining Useful Life. Answer: Years until replacement needed
● Deferred Maintenance Backlog. Answer: Accumulated postponed repairs
● Facility Condition Index. Answer: Ratio of repair needs to replacement value
