ARE Live: Practice Management Mock Exam | ARE 5.0 PcM Mock Exam

[@archleo35]

The SD phase is +$850, which is a contingency. Since the question's root is "... project to remain profitable...", you can gladly add this $850 contingency to the balance of $14,900 and then divide the sum ($15,750) by the billable rate ($105), the result is a net $150, which actually yields choice [D-None]. Hence, adding or not adding the $850 contingency from the SD to the DD results in different numbers ($141.9 or $150). @19:05 The commenting guy also mentions the same approach, but unfortunately, he is unaware of the result by commenting, "...either way you would have gotten to the 140...". Besides, CD is not "Contract Documents". It is "Construction Documents".

[@jakemskaggs]

Thanks for posting and I’m sure black spectacles is a valuable service but…Doesn’t mention determining the overhead rate or break even rate which the net multiplier is based on. Also doesn’t mention that additional services are billed as additions if they occur and not part of the contract fee. I think? Anyone know?

[@MoistKittens]

This video shows the wrong steps compared to the ARE 5.0 Practice Exam which DOES NOT ACCOUNT FOR THE MULTIPLIER!!!! Question on the exam takes the HOURLY RATE & UTILIZATION RATE At no point is the BILLING RATE ever factored in wtf are you guys doing??