In this ARE 5.0 Practice Management Exam Prep course you will learn about the topics covered in the ARE 5.0 PcM exam division. A complete and comprehensive curriculum, this course will touch on each of the NCARB objectives for the ARE 5.0 Practice Management Exam.
Instructor Mike Newman will discuss issues related to pre-contract tasks including negotiation, human resource management and consultant development.
When you are done with this course, you will have a thorough understanding of the content covered in the ARE 5.0 Practice Management Exam including business structure, business development, and asset development and protection.
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But what we are finding today is that most projects thankfully go through a negotiated bid process because in the old-fashioned, or the previous bid process, you would have the competitive market sometimes would force people to maybe not put their best foot forward. Meaning the bids may not be as accurate as possible because they are trying to get the lowest price. And the documents that you have to create for the design negotiated bid-built process are just as complete, but now they are going to bring a contractor on early to start pricing it and help you along the way make decisions about how to keep costs down and control them.
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From the course:
ARE 5.0 Practice Management Exam Prep
Duration: 11h 29m
Author: Mike Newman