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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Integration & Reporting | 15% | - Data import/export processes - System navigation and common functionality - Financial reporting and compliance |
| Topic 2: System Configuration & Administration | 15% | - Security roles and permissions - Portfolio structure and hierarchy - Application settings and preferences |
| Topic 3: Transaction Management | 25% | - Transaction lifecycle and templates - Real Estate Action Requests - Lease abstract creation and import - OSCRE file integration |
| Topic 4: Real Estate Concepts | 20% | - Lease accounting standards (FASB/IASB) - Leasing terminology and definitions - Portfolio management principles |
| Topic 5: Real Estate Contracts & Agreements | 25% | - Owned property (Fee) setup - Leased property configuration - Contract clauses, options and financial terms - Critical date notifications and alerts |
1. How does IBM TRIRIGA deliver the benefits of a "One Source of TRUTH"?
A) By linking the operational workplace functions, both processes and data
B) Data can be imported from spreadsheets and 3rd party application databases
C) Aggregates Data. Streamlines Processes. Simplifies Reporting out of the system
D) A single system user is identified to run reports, thereby eliminating multiple sources
2. TRIRIGA Projects offers enterprise project management, program management, fund source management and vendor bid management capabilities to deliver which business benefits?
A) Embedded Excel spreadsheet models and macros
B) Integration to School Dude
C) Self-service and automated work order routing, service management, service contracts. Facility Assessment, and embedded EnergyStar calculations
D) Wrench and tool calibration
3. TRIR1GA Real Estate offers capabilities to effectively improve operational performance, including:
A) Embedded Excel spreadsheet macros and formulas
B) Transaction management, lease administration and stream-lined lease accounting
C) One-button FASB compliance
D) Flexible real estate modules for Finance
4. What two major points are identified in the 2013 Gartner Magic Quadrant for IWMS?
A) Advises clients to implement real estate functionality within their ERP before considering an IWMS suite
B) Cautions that six of the eleven vendors about an inadequate quantity and quality of implementation and support resources
C) Both A and C
D) Both A and B
E) States that IWMS as "ideally" built on a single technology platform and single database repository
5. Identify how IBM TRIRIGA helps reduce facility costs and improve space utilization.
A) Eliminates vacant space using real estate brokers, embedded spreadsheet models future plans and 1-800 Hotline service for room booking
B) Manages move/add/change process, compares costs and utilization models for alternative planning scenarios and optimizes reservable workplace resources
C) Automatically reduces payment amounts for unoccupied space and coordinates box moves
D) CAD visualization to all space data, financial models estimates utility bill reduction and Gmail integration to reservable rooms, equipment and services
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: C |
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