A facility life-cycle cost study is a:
A) set of drawings illustrating the construction phases involved in a complete gutting of a space.
B) periodic, rigorous evaluation of a property, usually by the property's general manager and the owner's representative or asset manager, regarding the property's current market position.
C) space-by-space schedule of the projected renovation needs for a given building over a very long time horizon (such as 20 to 30 years) .
D) booklet prepared by the property's managers, showing the costs involved in upgrading the property's technical systems (front office accounting system, fire-suppression system, and so on) over time (typically 15 to 20 years) .
Correct Answer:
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Q1: The property's renovation manager should clarify the
Q2: Equipment or materials that are functionally, operationally,
Q3: A good source of sample construction contracts
Q4: Major renovations are usually done on a
Q6: Why is it a good idea to
Q7: With a design/build contract:
A)the owner serves as
Q8: What is a punch list?
A)It is a
Q9: Which of the following places the four
Q10: Which of the following estimating methods is
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