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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The G's are about the process, so, for example, if I'm gonna do a payout review, the general contractor's probably gonna use a G702 and then that G702 is gonna be a form that he's gonna fill out and is gonna have a bunch of trades and how much money they're owed and then you're gonna review it as the architect and then you're gonna sign it, and then the owner will sign it, and the GC signs it, and that's how much money gets paid out. Well, that's gonna be one of those G documents, and there's a whole bunch of those as well. You probably, in any one practice, probably only use a few of them but different practices will use slightly different versions of those things, there's a bunch of different types depending on the project delivery and the contract types that you do.
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From the course:
ARE 5.0 Practice Management Exam Prep
Duration: 11h 29m
Author: Mike Newman