NCARB PjM - AHPP study notes Questions With Complete Solutions
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NCARB PjM - AHPP study notes Questions
With Complete Solutions
SD basic services Review information, codes; preliminary selection of major building
system and construction materials; basic consideration of environmentally responsible design;
estimate cost; consider value of alternative desig...
NCARB PjM - AHPP study notes Questions
With Complete Solutions
SD basic services Review information, codes; preliminary selection of major building
system and construction materials; basic consideration of environmentally responsible design;
estimate cost; consider value of alternative design choices.
Owner's right when contractor making a mistake Have another contractor do the
correction;issue a change order; issue a construction change directive; terminate contract at any
time.
Prevention Costs costs associated with preventing defects before they happen
Direct Labor All labor of technical staff, principals and support staff that is directly
chargeable to projects
Indirect Labor All labor not charged to a specific project or revenue-producing account
such as administration, general office time and marketing
Net Operating Revenue The money that remains from billing after deducting fees and
expenses, reimbursable expenses and non-reimbursable project-related expenses
, NCARB PjM - AHPP study notes Questions
With Complete Solutions
Overhead Rate Total office overhead / total direct labor (1.3-1.5)
Revenue per Technical Staff The amount of net revenue produced per technical staff
member, or those staff members most directly involved with charging direct time and producing
jobs
Revenue per Total Staff Amount of net revenue produced per staff member per year,
including principals and part-time employees
Annual net operating revenue / total number of employees
Net Multiplier Net revenue of the firm /Cost of direct labor
Performance Bond A contract bond guaranteeing that a contractor's work will be
completed according to plans and specifications.
Labor and Material Payment Bond A bond guaranteeing to the owner that the contractor
will pay for all labor and materials used for the project.
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