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ARE 5.0 Practice Management Exam Prep

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PcM Section 1 Intro

2m 53s

In this newly updated ARE 5.0 Practice Management course, you will learn about topics such as insurance, firm financial documents and metrics, the B101, and firm legal structures. Our focused approach covers practice management topics comprehensively and succinctly, ensuring that you're prepared for each of the NCARB objectives covered on the PcM exam. Instructor Joy Meek lends an architect’s insight on topics like the standard of care, client relations, obtaining new projects, and firm management. The lesson format includes engaging motion graphics and visual learning aids to enhance your studying. When you're done with this course, you will have a thorough understanding of ARE 5.0 Practice Management content.

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In Objective 1.4, which makes up about 3% of the exam, you'll gain a comprehensive understanding of the standard of care and why it's important. You'll learn about the exact wording in the standard AIA contracts, and the importance of not adjusting the standard of care, either contractually or by your actions. A classic question for this objective might describe a project where a dispute has taken place, and ask what the most appropriate project to compare it to would be, given the standard of care.

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From the course:
ARE 5.0 Practice Management Exam Prep

Duration: 8h 26m

Author: Joy Meek