Sure Pass Exam CFM PDF

A Cost Plus to a GMP contract (Option C) means that the contractor is selected early in the project based on their fee and general conditions, and they provide a Guaranteed Maximum Price (GMP) once the project drawings are further developed.

Why Option C is Correct?

The GMP contract model ensures that the contractor is involved early in the project to provide cost estimates, budgeting input, and value engineering before the final design is completed.

Once drawings reach a more advanced stage, the contractor sets a GMP, meaning the owner will not pay more than the agreed maximum price, except for approved change orders.

This approach allows cost predictability and reduces financial risks for both the contractor and the owner.

IFMA’s Project Management Core Competency highlights that FM professionals must understand contract models that balance cost efficiency with project flexibility.

Why Other Options Are Incorrect?

Option A: A GMP contract does allow cost increases for approved change orders; it is not entirely fixed beyond the GMP.

Option B: Contractors cannot simply charge all invoice amounts; costs must be within the GMP cap, and some costs are not reimbursable under the GMP model.

A Building Automation System (BAS) is designed to control HVAC, lighting, and other facility systems. The IFMA Technology competency emphasizes the role of automated building controls in energy efficiency and maintenance​.

Option A (BAS) is correct because it monitors and adjusts building systems for efficiency and performance.

Option B (GIS) is used for geographical mapping, not system control.

Option C (CMMS) is for maintenance tracking, not direct system control.

Option D (BIM) is for building design and lifecycle management, not real-time system operations.

BAS systems optimize energy use, reduce operational costs, and improve occupant comfort​.

The risk assessment process involves three primary steps:

Identification: Recognizing potential risks that may impact the facility.

Analysis: Determining the severity, probability, and potential impact of identified risks.

Evaluation: Prioritizing risks based on their significance and deciding on mitigation measures.

Why the other options are incorrect:

(B) Consultation and review are valuable but do not define the core steps of risk assessment.

(C) Treatment is a separate step that follows assessment.

(D) Likelihood, consequence, and rating are part of risk analysis but do not form the complete risk assessment process​.

Market and available workforce (B) are critical for location decisions as they impact operational efficiency, hiring potential, and overall business success.

Key considerations for facility location:

Proximity to labor force

Market accessibility

Infrastructure and operational costs

Why not other options?

(A) Executive preferences may matter but should not override operational needs.

(C) Construction activity is a minor factor.

(D) Retail/competitor locations are more relevant to commercial businesses than facility management.