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BOMI International RPA Capstone Experience Sample Questions:

1. A building owner and general contractor sign a contract to build an addition to a retail shopping center. Both parties agree to include a provision that specifies an amount of money to be paid by one party that is in material breach to the other party. This provision is often used when the sum of damages is difficult to predict in advance of contract execution. What is this provision called?

A) Restitution
B) Expectation damages
C) Consequential damages
D) Liquidated damages

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

3. Current expenses on the property are $1,700,000.
The most recent Experience Exchange Report (EER) for similar properties in the market showsaverage expenses of $10.00 per square foot.
What percent are the expensesbelow the market average?

A) 1.50 percent
B) 15 percent
C) 0.85 percent
D) 17.65 percent

4. A property manager who previously used an in-house staffing model for cleaning services has decided to contract with a vendor due to fluctuating seasonal occupancy. What is the BEST solution to negotiate cleaning services of a building with fluctuating occupants?
Options:

A) Determine credit allocations.
B) Determine scope of work.
C) Calculate cost of supplies.
D) Research market wages.

5. 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) Develop a spreadsheet to compare proposals.
C) Select lowest cost option.
D) Consider prior work relationship.

Solutions: