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ARE 5.0 Construction & Evaluation Exam Prep

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Comparing Estimates

13m 38s

In this ARE 5.0 Construction and Evaluation Exam Prep course you will learn about the topics covered in the ARE 5.0 CE exam division. A complete and comprehensive curriculum, this course will touch on each of the NCARB objectives for the ARE 5.0 Construction and Evaluation Exam.

Instructor Mike Newman will discuss issues related to bidding and negotiation processes, support of the construction process, and evaluation of completed projects.

When you are done with this course, you will have a thorough understanding of the content covered in the ARE 5.0 Construction and Evaluation Exam including construction contract execution, construction support services, payment request processing, and project closeout. 

*NCARB does not endorse this Tutorial, is not responsible for any of the content of this Tutorial, and by taking the Tutorial each individual agrees not to look to NCARB for any dissatisfaction or claim arising from the Tutorial.

Transcript summary — log in to access this content in full.

So, now you've gone, you've made a bid package, you've got all the information together, you've chosen who the bidders are going to be, all the information has been sent out, you get the information back, that information comes back, you have your system of analysis, you have a whole way of communicating that system of analysis, to the owner through a spreadsheet maybe or maybe through sort of bullet point understandings or maybe it's through the lens of cost only, because that's the key piece of information, or maybe it's through the lens of quality or some other lens of information that you're thinking about what's the way that I need to transmit this information to give the most usefulness to the client, to the owner so they have the ability, with you, to be able to make a final set of decisions about who they're going to choose. Let's say you go through that whole process, you get all this information back, you've sent your analysis to the client, you're sitting down to have the meeting and you realize that it's just not enough, that the prices are too high, or that they clearly didn't understand something, or that you just need more information in order to be able to make a decision between which bidder you're going to choose. So sometimes you just need more information, and that creates a sort of unusual setup where I need to, ask for more information.

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From the course:
ARE 5.0 Construction & Evaluation Exam Prep

Duration: 11h

Author: Mike Newman