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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Another architect in a similar situation, doing similar type of work in a similar locale would likely have made the same set of decisions that I did, so that would be your defense in that litigation because you would be saying, no, I met the standard of care. On that first example, even though you'd be claiming that you met the standard of care, in fact, you wouldn't have been meeting the standard of care because another architect in a similar situation, in a similar locale, wouldn't have made the decision that you made. So, this is kind of a key understanding of how the legal aspect of these sets of relationships which, if it comes down to litigation, it's always a problem, and it can be very expensive and very time-consuming, so you really wanna have an understanding of, what is this standard of care and how does it relate to the decisions that I'm making?
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From the course:
ARE 5.0 Practice Management Exam Prep
Duration: 11h 29m
Author: Mike Newman