In this ARE 5.0 Project Management Exam Prep course you will learn about the topics covered in the ARE 5.0 PjM exam division. A complete and comprehensive curriculum, this course will touch on each of the NCARB objectives for the ARE 5.0 Project Management Exam.
Instructor Mike Newman will discuss issues related to office standards, development of project teams and overall project control of client, fee and risk management.
When you are done with this course, you will have a thorough understanding of the content covered in the ARE 5.0 Project Management Exam including quality control, project team configuration and project scheduling.
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There might be a situation where the contractor when they're putting together that stipulated sum might be nervous about maybe an unusual project or something that's different then they don't have any sort of model to really go off of. And so before they're gonna give you a stipulated sum they're gonna put a bunch of padding into that number because they just don't know right, they're nervous about it and so instead of giving you the million two number maybe they give you a million five or something like that. Just to add a little bit of number in there so if things are weird or different than what they expect that they would be covered in that sort of situation.
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From the course:
ARE 5.0 Project Management Exam Prep
Duration: 15h 26m
Author: Mike Newman