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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The utilization rate can help determine which staff member might be a good fit for a project by comparing the rates of staff members with similar roles. If four project architects have utilization rates ranging from 75 to 80% and one has a utilization rate of 60%, the one with the lower rate may be a good candidate for the project, assuming they have all of the necessary experience and skills to meet the requirements. Be sure to consider staff members who are working on projects that may be coming to an end soon.
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From the course:
ARE 5.0 Practice Management Exam Prep
Duration: 8h 26m
Author: Joy Meek