Certified Government Financial Manager (CGFM) 2026 – 400 Free Practice Questions to Pass the Exam

Deferring periodic maintenance and repairs is a practice that can significantly impact the life of government assets. Regular maintenance is essential to prolong the effective lifespan of equipment and infrastructure. When maintenance tasks are postponed, minor issues can escalate into major problems, potentially leading to more extensive repairs, increased downtime, and even premature asset replacement.

By neglecting routine upkeep, governments may initially save money, but over time, these cost-saving measures can lead to higher overall expenditure due to the need for extensive repairs or replacements. Making timely investments in maintenance ensures that assets operate efficiently, thus maximizing their longevity and maintaining their value for public use.

The other options, while they relate to asset management and overall efficiency, do not specifically focus on the immediate physical upkeep that is crucial for extending an asset's life. Investment in new technology, upgrading property management systems, and conducting market analysis all serve valuable functions in improving processes, operational effectiveness, and overall management. However, they do not directly replace the preventive care that periodic maintenance offers to the physical assets themselves.