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.
I'm Alex Anamos with R&A Architecture and Design here in Culver City. I'm a Studio Director here, part of the senior leadership team and we'll be talking about different components of practice management and how we do that here at R&A. Handling the quantity of work is very important because if you overburden your staff you're not gonna do a good job on the project. If you don't have enough work people are sittin' around not being efficient. So we have a pretty good way of projecting fees out for the next two, three, sometimes even six months and that gives us a very good idea of the picture of what we can absorb in terms of new work.
But then of course it begins with the proposal process. We immediately look at the scope of the project and how much staff it's actually gonna take. And then if we compare that against the projections I think we get a pretty good idea of whether we're gonna, we'll be able to shoehorn it in in the workflow in the next two months, a 1/2 a year and then the year. We also have to ask the client when do you want to get started because some projects don't get started right away, some have a little lag time and some will go into planning entitlements and so forth.
So all those things are really important. It's a complex process but as long as you have a handle on those basic tools, it's more manageable than not.
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From the course:
ARE 5.0 Practice Management Exam Prep
Duration: 11h 29m
Author: Mike Newman