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BOMI International RPA Capstone Experience Sample Questions:
1. What is the process used to break down a lease into its specific parts to discover any lease components that have an effect on base rent and the rental stream?
A) Lease abstract
B) Leasing plan
C) Location analysis
D) Lease buyout
2. An investment firm recently purchased an office building and hired a property manager to operate the building. The property manager is evaluating whether to recommend replacement of single-pane windows with new energy-efficient windows for the entire building. The investment firm's desired rate of return is
12.5%, the project will cost $1,250,000, and the property manager estimates that the new windows will save
$125,000 in energy costs per year.
What is the payback period, and how much will the value of the building increase if the project is implemented?
A) The payback period is 10 years, and the increase in value is $1,000,000.
B) The payback period is 10 years, and the increase in value is $156,250.
C) The payback period is 12.5 years, and the increase in value is $15,625.
D) The payback period is 12.5 years, and the increase in value is $1,000,000.
3. A property manager is evaluating vendors, suppliers, and contractors to perform routine building maintenance operations. Which of the following is MOST important when choosing between competing proposals?
A) Retain current contractor if prices remain flat.
B) Select lowest cost option.
C) Consider prior work relationship.
D) Develop a spreadsheet to compare proposals.
4. A building owner is preparing space for a new tenant and has selected a preferred contractor. The property manager received an estimate for the construction, agreed on the overhead and profit, and settled on a construction cost. WhichBESTdescribes the process followed?
A) Competitive bid
B) Negotiated proposal
C) Single source
D) Request for proposal (RFP)
5. 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) Develop a payback analysis for each proposed expenditure.
C) Prepare and present a list of capital items sorted by costs.
D) Conduct a survey of tenant preferences.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: B |
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