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ARE 5.0 Practice Management Exam Prep
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Practice Basics - Terminology
7m 1s
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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So there's advantages and disadvantages, different situations will call for it, but effectively that construction manager, then, holds the contracts for the owner. Another example would be a multiple prime contract. So this would be a situation where I have an owner, I have an architect, they have the fairly standard, straight forward agreement.
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