IREM Certified Property Manager (CPM) Practice Test 2025 - Free CPM Practice Questions and Study Guide

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Question: 1 / 400

In the context of bidding for work on a condominium property, why might a manager recommend engaging a consultant?

To save costs for the condo association

To ensure accurate assessment of repair needs

Engaging a consultant during the bidding process for work on a condominium property is particularly beneficial for ensuring an accurate assessment of repair needs. Consultants often possess specialized expertise and experience that allow them to thoroughly evaluate the property's condition and any necessary repairs. This detailed assessment can help in creating precise and comprehensive work scopes that potential bidders can follow.

By identifying and specifying the exact needs of the condominium, a consultant can help prevent misunderstandings or misinterpretations among bidders, which might arise from vague or incomplete descriptions of work required. This not only aids in obtaining accurate bids but also contributes to better project planning and execution, ultimately leading to enhanced outcomes for the property and its residents.

The accuracy in assessing repair needs becomes especially crucial when dealing with high-stakes or sensitive environments like condominiums, where the implications of inadequate repairs could lead to significant financial repercussions or safety concerns. Thus, this recommendation strengthens the overall management process and supports the decision-making for the condominium association.

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To eliminate the need for a formal bidding process

To expedite the approval of the project

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