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Hyperfine Architecture
United States
Registrace 19. 01. 2018
Important Financial Calculations for ARE 5 0 Exams
These are the most important financial calculations and terms you need to know for PcM and PjM. Learn these well and you have a good chance of success on the exams. There are a couple dozen terms it would be good to know, but if you start with these seven you'll be in good shape.
This video in blog form:
hyperfinearchitecture.com/7-financial-terms-you-should-know-for-pcm-and-pjm/
01:30 Net Operating Revenue
06:45 Direct Labor
10:10 Indirect Labor
12:44 Utilization Rate
17:44 Overhead Rate
20:58 Break Even Rate
26:50 Net Multiplier
My full PcM & PjM Study Course (including Financial Formulas Workbook)
hyperfine.teachable.com/p/pcm-pjm
More on Utilization Rate
hyperfinearchitecture.com/are-5-0-utilization-rate-for-pcm-and-pjm/
More on Overhead Rate and Break Even Rate
hyperfinearchitecture.com/are-5-0-overhead-rate-break-even-rate/
Hyperfine Backstory on Bryn Young’s Podcast
hyperfinearchitecture.com/podcast-becoming-an-architect-with-hyperfine/
Hyperfine Backstory on Katerina Burianova’s Podcast
hyperfinearchitecture.com/podcast-attaining-your-architecture-license-and-gaining-the-confidence-to-start-your-own-firm/
This video in blog form:
hyperfinearchitecture.com/7-financial-terms-you-should-know-for-pcm-and-pjm/
01:30 Net Operating Revenue
06:45 Direct Labor
10:10 Indirect Labor
12:44 Utilization Rate
17:44 Overhead Rate
20:58 Break Even Rate
26:50 Net Multiplier
My full PcM & PjM Study Course (including Financial Formulas Workbook)
hyperfine.teachable.com/p/pcm-pjm
More on Utilization Rate
hyperfinearchitecture.com/are-5-0-utilization-rate-for-pcm-and-pjm/
More on Overhead Rate and Break Even Rate
hyperfinearchitecture.com/are-5-0-overhead-rate-break-even-rate/
Hyperfine Backstory on Bryn Young’s Podcast
hyperfinearchitecture.com/podcast-becoming-an-architect-with-hyperfine/
Hyperfine Backstory on Katerina Burianova’s Podcast
hyperfinearchitecture.com/podcast-attaining-your-architecture-license-and-gaining-the-confidence-to-start-your-own-firm/
zhlédnutí: 6 686
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ARE 5.0 | How Long to Study for the ARE 5.0 Exams
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zhlédnutí 1,5KPřed rokem
A complete description of the variables and use of the most important structural formula you'll see on the ARE 5.0 exams. ARE 5.0 Pass List: hyperfinearchitecture.com/passtheare/ A thousand "Thank Yous!" and counting My site: hyperfinearchitecture.com Visit for ARE 5.0 resources, study material and recommended practice tests PPD/PDD Study Assignments: hyperfine.teachable.com/p/ppd-pdd Open ende...
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zhlédnutí 4KPřed 2 lety
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zhlédnutí 2,8KPřed 2 lety
This video is from my professional Revit training course, Residential Architecture with Revit Learn the basics of Revit AND the things you need to know to accurately and efficiently create a set of construction drawings in Revit. Revit Courses: hyperfinearchitecture.com/hyperfine-revit-courses/ Revit Consulting: Consulting: hyperfinearchitecture.com/schedule Revit Templates: hyperfinearchitectu...
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zhlédnutí 6KPřed 2 lety
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What To Do When You Fail an ARE 5 exam
zhlédnutí 9KPřed 2 lety
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zhlédnutí 12KPřed 3 lety
You need to score between 57% and 71% to pass the ARE 5.0 exams. This varies depending on which exam you're taking and which version of that exam you receive. But we know enough to find the number of questions we need to guarantee a pass! This video in blog form: hyperfinearchitecture.com/are-5-0-passing-scores/ ARE 5.0 Study Material and Recommended Practice Exams: hyperfinearchitecture.com/co...
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Welcome to the Hyperfine Revit Professional course! hyperfinearchitecture.com/revit use discount code STAYHOME I’m Ben, I’m a licensed architect in Maryland and Washington DC and I’ve been using Revit for residential projects for 7 years now. The biggest thing I have learned is that to be really good at Revit you need a good understanding of how the thing you are designing will be built. I made...
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Ty sir! Best explanation ever
Thaank you sir
ty sir
Excellent
very informative but is there a follow up video where you show how to draw the shadows?
ty
Thank you for this break down! Super helpful to see it all broken down in common terms and related to eachother
thankyou Ben for such an awesome tips
Never heard the azimuth would be reported east/west of north. I’ve always heard it East/west of south like the chart suggests. However I was told measuring from north was always a possibility but rather uncommon
Hello! What's mean 30 by 40? square? Paper?
30X40 Design Studio is the architecture firm run by Eric Reinholdt. He has a great channel here on CZcams. This template will help you create drawings with the same style he uses. The 30X40 name is meaningful to Eric’s practice, but doesn’t mean any particular size or format as it relates to this template.
@@HyperfineArchitecture Thank you! I'm subscribed to this channel
generic rectangle family? is that a profile family?
Yes, just a simple rectangle profile family I end up using for lots of different things.
@@HyperfineArchitecture got it thank you!
Thanks for your help Ben! I had you as a professor back at CUA, so it's great to learn from you again!
Hey Alix! Good to see your name here. Thanks for checking out the channel. Looking forward to hearing about some ARE success!
Are the receptacles also visible in elevation?
Sort of. The faceplate is visible, so you can see it and dimension to it. But it's just a rectangle, no details or symbols in elevation.
thank you for making something like this better to understand!
You're very welcome!
Great
👌🏻👌🏻👌🏻👌🏻👌🏻👌🏻👌🏻👌🏻❣❣❣❣❣❣❣❣🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻
legend
Nice your tutorial...i learned about of property lines tag...is new for me...thank u.
Glad it was helpful!
I am confused why you take a total of 4 projects for the cost of construction, but only 8% for design as for one project instead of 32%. Please help.
very helpful thank you!
Shouldn't PTO be subtracted from the total number of hours worked for employee B in order to calculate their utilization rate for that week?
Pro is non billable/ indirect expense
Wow
ty sir
I breezed through the PPD exam after taking your course and Amber Books only to find out I failed. I am old dude with 3 decades of experience. These exams are written by millennials for millennials.
thanks for pointing out all 7 ways of fixing it. I know them all, but forget one of them sometimes
Just what I was looking for. After 1 minute in to the video! Thanks for getting to the point ♥
So can we just make the demoed parts as dashed lines using the graphics override?
Yes, you should set the graphic overrides to the style you want, then make sure to set the correct Phase Filter in your views.
Should we subtract the architecture contingency cost if we have it? And is this cost kind of overhead cost?
amazing, concise, and thorough. Great job... I've searched but wondering if you have a similar video to doing floors with slope including non-rectinlinear?
Thanks, @studioEarl! Always open to suggestions for new videos. Not sure I know that much about sloping floors though.
Your methods of demonstrating how these calculations work in a real-life scenario is what I appreciate most during your tutorials. It's not just a matter of rote-memorization of these calculations.
This is really helpful, thank you so much! I am about to start studying for practice management; will be the first one I take. Do you mind talking about the different topics that are covered for that or each exam and what concepts to know for each?
You are very welcome! That's kind of an open-ended question, but there are more specific PcM/PjM topics covered in different posts on my site, usually with a corresponding video, and of course LOTS of topics covered in the Hyperfine study material I made!
Thank you! Solved the issue!
Best training type video I’ve ever watched on anything!! Fast, to the point, and ALL great usable fast keys for everyone!! Great job!!!
Based on graphic standard the azimuth is from south... Which one is correct?
It's not about correct or incorrect...there are different ways of communicating the same information. If you understand the basics of where the sun should be and how it travels through the sky you can answer any question. Just pay attention to what a test is giving you or asking for.
Thanks a lot, this video was incredibly useful! Really glad I came across it!!!!
You're very welcome!
excellent
Many many thanks
Thanx, really helpful inf/
This was awesome! Great tips!
Mate you don't know how many times i had to pause you and rewind you. You are too fast and my revit 2021 is not showing any of these.
I think going fast helps people quickly learn what the issues might be, and anyone who needs more time can slow the video down and watch each section again. That video was recorded in Revit 2019 and is still applicable in 2023, so I’m sure these fixes will still work in 2021.
This is much too fast for anyone to follow who hasn't got a clue how to do this - which is obviously why I searched the "how to" in the first place... 😕
Watch the video to understand the concept. Then watch again or slow it down if you need to follow step by step.
For the utilization rate quesiton, if the client won't be billed for the project, why is it considered utilization rate? It would make sense if the question mentions that the firm "hasn't" invoiced the client, but it explicitly says that 8 hours won't be billed. Wouldn't this go to a non-billable portion of the project, hence reducing the utilization rate? Sort of similar to how preparing for RFPs or meetings with potential clients aren't considered towards the utilization rate (or are they, and I've misunderstood)?
Please explain Hyperfine, I don't understand either
Hey Victor, I am not trying to create any trick questions here. I think you understand it all just fine, maybe just being too detailed! According to the AHPP, which is the source for the ARE, time spent working on a project is direct labor and counts toward your utilization rate, whether you decide to bill or not, whether the client pays or not, whether the job is profitable or not. Just remember that if you’re working on a project, it counts. RFP would not count toward utilization rate because you don’t have the project yet. That’s admin or marketing or overhead time, or whatever classification you want to put it in, but it’s not direct labor.
@@HyperfineArchitecture thanks for the reply - that makes it pretty clear! I know this is out of the question scope now, but out of curiosity, what kind of situation would work be done towards a project but not be billed?
@@VictorloytI saw this in one of the Hyperfine videos (can't remember if it's here as well)... but if the contract says that the architect/designer will work 15 hours on a project but the architect/designer works 17 hours (2 hrs more), then you cannot bill for the full 17 hours. Only 15 hours since that's what was originally agreed on in the contract.
THANKS BEN! that's a HA-HA WALL by the way.
great video!
Thank you
Thank you
I like how you teach the formulas to calculate them quickly with adding how to use them! So helpful!!
iNFORMATIVE!....JUST STARTING TO LEARN REVIT
"Comic Sans or Papyrus" 😂😂
Thank you for this content, it has really help me study for the PCM exam. PS: There are a couple of errors in the video that might be worth correcting if possible. The red text on the second exercise question reads the same question as the 1st exercise instead of the intended question, and at 26:47 time frame 60.75 is divided by 303. the result is incorrectly indicated to be 79.95 when it should actually be .20049505... that is equal to 20% profit.
Great video. I have purchased your study guides as well. Can’t go wrong with a variety of different avenues to study from.
Thank you! Looking forward to having you in the course.