IBM TRIRIGA Real Estate Manager V10.3 Application Consultant v4.0

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According to a global IBM funded survey of senior finance and real estate executives, research, which of the following is TRUE?

  • A. Corporations must comply with International Monetary Fund regulations on space use
  • B. New lease accounting rules will place a huge strain on financial reporting for public companies
  • C. Ninety two percent (92%) of the executive consider themselves NOT PREPARED
  • D. New changes do not apply to Europe, Russia or Asia, only USA and Canada
  • E. B and D only


Answer : E

What two major points are identified in the 2013 Gartner Magic Quadrant for IWMS?

  • A. States that IWMS as "ideally" built on a single technology platform and single database repository
  • B. Cautions that six of the eleven vendors about an inadequate quantity and quality of implementation and support resources
  • C. Advises clients to implement real estate functionality within their ERP before considering an IWMS suite
  • D. Both A and B
  • E. Both A and C


Answer : E

Which new record is created when a RE Project Lease contains the required lease details, and the user selects the Close Out action?

  • A. Lease Abstract
  • B. Standard Contract
  • C. Real Estate Lease
  • D. Space Use Agreement


Answer : A

Identify the groupings of licenses available with TRIRIGA software?

  • A. Developed by IBM. Integrations and 3rd party software
  • B. Core business solutions. Platform and Integrations adapters
  • C. Enterprise. Departmental and Single-user
  • D. Core business solutions and Add-on licenses


Answer : C

When a payment reconciliation notification is generated, the system sends it to which contact role by default?

  • A. Project Manager
  • B. Building Manager
  • C. Contract Administrator
  • D. Lease Accounting Manager


Answer : C

Identity the benefits of conducting a Cost-Benefit Analysis.

  • A. Helps you charge higher prices for the solution.
  • B. Gives Executives analysis required to manage their operations.
  • C. Presents a narrow-focus on trouble spots and best way to resolve.
  • D. Provide investment justification based on expected results and identifies areas of greatest potential payback.


Answer : A

Identify how IBM TRIRIGA helps reduce facility costs and improve space utilization.

  • A. Automatically reduces payment amounts for unoccupied space and coordinates box moves
  • B. Manages move/add/change process, compares costs and utilization models for alternative planning scenarios and optimizes reservable workplace resources
  • C. Eliminates vacant space using real estate brokers, embedded spreadsheet models future plans and 1-800 Hotline service for room booking
  • D. CAD visualization to all space data, financial models estimates utility bill reduction and Gmail integration to reservable rooms, equipment and services


Answer : A

What is a good way to communicate the quantified benefits of the TRIRIGA IWMS system to a prospect?

  • A. Setup a site visit with an existing customer.
  • B. A Business Value Analysis whose goal is to quantify potential benefits based on best practices and proven customer results.
  • C. Invite the prospect to attend PULSE to hear results from peers in the industry.
  • D. Make up some numbers and name-drop various analyst reports.


Answer : A

Identity the three (3) key success factors to effectively communicate the ROI of the
TRIRIGA IWMS solution.

  • A. Identify the areas of greatest impact, conduct a "Quality Discovery", and make the ROI Business Case the client's body of work, not the vendor's
  • B. Get detailed results from peer companies, provide analysis quickly and only focus on one or two areas of the business
  • C. Be conservative on your estimate, offer a low-cost solution, and use a long-term payback to demonstrate higher ROI
  • D. Focus on application consolidation to show cost reduction, work with a small team of 1-2 people only, and try to avoid the CIO and CFO, if possible


Answer : A

Identify the license which is NOT an Add-on license.

  • A. TRIRIGA Workplace Performance Management Enterprise
  • B. TREES Sustainability Manager
  • C. TRIRIGA Workplace Reservation Manager
  • D. TRIRIGA Strategic Facility Planning


Answer : A

TRIRIGA Real Estate Manager offers integrated portfolio planning, transaction management and contract administration capabilities to deliver which business benefits?

  • A. Simplifies complex lease accounting
  • B. Increases awareness of expiring leases and speeds real estate decision making
  • C. Reduce real estate occupancy costs and streamline lease accounting and FASB'IASB compliance
  • D. Provides accounting compliance with global accounting standards


Answer : C

Reference:http://www.gocfi.com/libraries/media/TIS14130USEN.pdf

What is the relationship between a RE Action Request and a Transaction Plan?

  • A. A RE Action Request can be used to create a Transaction Plan.
  • B. A RE Action Request must be used to create a Transaction Plan.
  • C. A Transaction Plan must be used to create a single RE Action Request.
  • D. A Transaction Plan is used to create and manage multiple RE Action Requests.


Answer : A

TRIRIGA Projects offers enterprise project management, program management, fund source management and vendor bid management capabilities to deliver which business benefits?

  • A. Reduce water and gas leaks
  • B. Lower energy costs and generate higher savings from carbon reduction projects
  • C. Generate higher volumes of oxygen from living plants
  • D. Reduce operating costs while delivering high quality services


Answer : B

TRIRIGA Projects offers enterprise project management, program management, fund source management and vendor bid management capabilities to deliver which business benefits?

  • A. Paperless clipboard for energy meter readings and integrated scientific calculator
  • B. Embedded carbon calculator based on the University of Alberta spreadsheet model
  • C. Integration to utility invoices and energy service providers, built-in carbon calculator, advanced environmental metrics, reports and scorecards. capital investment analysis and preventive maintenance
  • D. Built-in subscription to industry standard environmental carbon estimating database


Answer : C

TRIRIGA Projects offers enterprise project management, program management, fund source management and vendor bid management capabilities to deliver which business benefits?

  • A. Self-service and automated work order routing, service management, service contracts. Facility Assessment, and embedded EnergyStar calculations
  • B. Wrench and tool calibration
  • C. Integration to School Dude
  • D. Embedded Excel spreadsheet models and macros


Answer : A

Reference:http://www.brg.com/TRIRIGA/WPM---Workplace-Performance-Management

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